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

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 $432M despite increasing 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 discuss the overall paradox of the streaming business in 2026 (00:00). Matt finishes the show with a prediction about Netflix's new Los Angeles headquarters (25:23). Host: Matt Belloni Guest: Lucas Shaw Producers: Craig Horlbeck and Jon Jones Theme Song: Devon Renaldo This episode is brought to you by AMC+. Start your free trial today at join.amcplus.com. Learn more about your ad choices. Visit podcastchoices.com/adchoices

You can listen to Peacock’s Battle for Survival and the Catch 22 of Streaming online on Radio and Podcast. Open the player on this page to stream the available audio.

Peacock’s Battle for Survival and the Catch 22 of Streaming is an episode from The Town with Matthew Belloni by The Ringer.

This episode is 32:00 long.

This episode was published on Apr 27, 2026.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from The Town with Matthew Belloni when more episodes are available from the podcast feed.