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

Page: https://stenobird.com/podcast/the-town-with-matthew-belloni-5195688/peacock-s-battle-for-survival-and-the-catch-22-of-streaming
Text version: https://stenobird.com/podcast/the-town-with-matthew-belloni-5195688/peacock-s-battle-for-survival-and-the-catch-22-of-streaming.md
Podcast: [The Town with Matthew Belloni](https://stenobird.com/podcast/the-town-with-matthew-belloni-5195688)
Published: 2026-04-27T21:45:00+00:00
Episode link: https://traffic.megaphone.fm/GLT1285977014.mp3
Audio file: https://traffic.megaphone.fm/GLT1285977014.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-town-with-matthew-belloni-5195688/episodes/peacock-s-battle-for-survival-and-the-catch-22-of-streaming
Duration seconds: 1920

## Resource

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

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## Transcript

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