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The Town With Matthew Belloni

Peacock’s Battle for Survival and the Catch-22 of Streaming

Peacock’s Battle for Survival and the Catch-22 of Streaming
Peacock’s Battle for Survival
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About the episode

Matt is joined by Bloomberg‘s Lucas Shaw to briefly discuss Matt’s experience at the White House Correspondents’ Dinner before diving into the latest struggles for Peacock after a first-quarter loss of $432 million, even though it increased its subscriber base by 22 percent. They dig into why the streamer is struggling despite its association with a very successful movie studio, its strong reality TV slate, and its valuable NFL rights, and they discuss the overall paradox of the streaming business in 2026. Matt finishes the show with a prediction about Netflix’s new Los Angeles headquarters.

Host: Matt Belloni
Guest: Lucas Shaw
Producers: Craig Horlbeck and Jon Jones
Theme Song: Devon Renaldo

Summary

  • 0:01

    What happened at the White House Correspondents’ Dinner, and why Peacock is struggling

  • 25:23

    Matt’s prediction about Netflix’s new headquarters