“I think on Peacock, you are right, we came into the year, and gave guidance for roughly $3 billion in losses, no change to that. And as you see, we are pacing to that over the first couple of quarters.”

In context

“a mix shift going on, when we talk about sort of the six key growth drivers across the company, three are sort of core connectivity growth drivers, whether it's residential broadband, business services, or wireless, this is an accretive mix shift for us, as we think about the way the categories are sort of shifting and what's growing versus what's not growing. So, I would look for more of the same. I think also importantly for the team for the second consecutive quarter, every expense line in connectivity and platforms was down year-over-year, except for direct product costs, and those are the costs that directly support the connectivity and platforms, revenue growth and the categories we talked about. So, our outlook for more of the same in continued margin expansion out of the business. I think on Peacock, you are right, we came into the year, and gave guidance for roughly $3 billion in losses, no change to that. And as you see, we are pacing to that over the first couple of quarters. We've got a lot of incremental content as we think in the back-half of the year, as Mike said, so no change to that guidance. John Hodulik: Great, thanks a lot. Marci Ryvicker: Thanks, John. Operator, next question please. Operator: Our next question is coming from Vijay Jayant from Evercore ISI. Your line is now live. Vijay Jayant: Good morning. So, I think Jason talked about future expansion of this footprint being a high priority, and the bid dollars by state have been sort of allocated. Can you just talk about, is that really going to be a big opportunity in terms of product stating in that, and driving that footprint? Thanks. David Watson: Yes, this is Dave. Let me jump into that. So, we operate in 39 states, where they're expected to bid subsidy money, and we are actively engaged bo”