Comcast Corp. reported a record-breaking $31.9 billion in the fourth quarter, with adjusted earnings per share of $0.96 beating the expected $0.86, despite revenue of $31.62 billion falling slightly short of the anticipated $31.64 billion. The company also announced a 6.5% increase in its annual dividend to $1.32 per share and expanded its share buyback program by $15 billion. However, Comcast faced challenges with subscriber losses, particularly in its broadband and Peacock streaming services. Peacock's quarterly loss narrowed to $372 million from $825 million the previous year, while its subscriber base remained steady at 36 million. Despite Peacock surging by 28%, Comcast's shares experienced a decline following the earnings release, influenced by continued losses in broadband and Peacock subscribers. The company's studios saw an 85% profit increase, attributed to the success of 'Wicked'. Comcast is navigating a transition phase, including leadership changes and a planned cable channel spinoff, as it shifts towards a 'broadcast-plus-streaming strategy'. Super Bowl ads are priced at $8 million.