The battering of Comcast’s cable TV empire at the hands of cord cutting, quarter after quarter, year after year, is no longer the big media story. Laying out the latest financials, we can see that 2023 marked a new changing of the guard for Comcast in revenue terms – with its NBCUniversal Media segment leapfrogging traditional pay TV revenues for the first time. Today, NBCU’s Media division accounts mostly for business from domestic advertising, domestic distribution, and international networks – including paid subscriptions from Peacock. NBCU’s flagship streaming service generates most sales domestically, of course, but US media is quick to forget that Peacock is not confined to US borders. Peacock is also available in five European countries via Comcast’s…