Why Comcast's Peacock Could Become a Major Threat in the Streaming Wars

The streaming industry has grown incredibly competitive in just the last couple of years with the introduction of platforms such as Walt Disney's Disney+, Warner Bros. Discovery's HBO Max, and Apple's Apple TV+ in addition to industry giant Netflix (NASDAQ: NFLX). One more company joining the fray is Comcast (NASDAQ: CMCSA), which has made significant strides with its streaming service, Peacock. The platform offers a library of NBCUniversal and third-party content, including TV series, movies, news, and sports.