Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Business

Comcast to bundle Peacock, Netflix and Apple TV+ at a ‘vastly reduced price’

by May 15, 2024
May 15, 2024
Comcast to bundle Peacock, Netflix and Apple TV+ at a ‘vastly reduced price’

Get ready for the next cable-like streaming bundle: Comcast later this month will launch a three-way bundle — with Peacock, Netflix and Apple TV+ — offered at a deep discount, Comcast chief Brian Roberts said.

Dubbed StreamSaver, the bundle will be available to all Comcast broadband, TV and mobile customers, Roberts said, speaking Tuesday at MoffettNathanson’s 2024 Media, Internet and Communications Conference in New York. (Comcast owns NBCUniversal, the parent company of NBC News.)

The three streaming services, Peacock, Netflix and Apple TV+, will “come at a vastly reduced price to anything available today,” Roberts said, although he didn’t reveal any pricing. The goal is to “add value to consumers” and “take dollars out” of other people’s streaming businesses, he added, while reinforcing Comcast’s broadband service offerings.

“This will be a pretty compelling package,” Roberts promised. 

Comcast’s impending launch of the StreamSaver bundle come as other media companies have been assembling similar offerings.

Last week, Disney and Warner Bros. Discovery announced a three-way bundle comprising Max, Disney+ and Hulu, to be available starting this summer in the U.S. (with pricing TBA). In addition, Disney, WBD and Fox Corp. have formed a joint venture to launch a streaming sports bundle, slated to debut this fall. Critics have alleged the venture, which some have dubbed “Spulu” (a combo of “sports” and “Hulu”), is anticompetitive and violates antitrust law.

Like the other streaming bundling strategies, Comcast’s forthcoming Peacock, Netflix and Apple TV+ package is an effort to reduce cancelation rates (aka “churn”) and provide a more efficient means of subscriber acquisition — coming as the traditional cable TV business continues to deteriorate.

Comcast’s StreamSaver bundle will hit the market ahead of another price hike for the standalone Peacock service, which goes into effect for new customers prior to the 2024 Paris Summer Olympic Games. Beginning in mid-July, the price for Peacock Premium (with ads) will increase by $2 to $7.99 per month and Peacock Premium Plus (mostly ad-free) is also going up by $2 to $13.99 per month. The new prices will be effective starting July 18 for new Peacock customers and for existing subscribers with their next billing date on or after Aug. 17.

Also at the MoffettNathanson conference, Roberts was asked by analyst Craig Moffett about NBC’s reported bidding for NBA media rights but Roberts declined to discuss the status of the negotiations.

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Silver lining for consumers: Food price growth has gone flat and other prices are falling
next post
Is it time to rethink the 4% retirement withdrawal rule? Experts weigh in

Related Posts

Mass layoffs hit Sports Illustrated staff

January 20, 2024

23andMe to delist from Nasdaq, deregister with SEC

May 29, 2025

Women’s college basketball championship expected to set new...

April 7, 2024

Peloton shares fall after it posts wider-than-expected loss,...

August 24, 2023

Meta’s head of AI research announces departure

April 2, 2025

Tesla investors want Elon Musk to answer questions...

January 30, 2025

Trump Media director accused of ‘hacking’ files in...

April 13, 2024

‘Lazy girl jobs’ are trending in rally against...

August 18, 2023

Vanguard fined more than $100 million by SEC...

January 18, 2025

Here’s where rents are rising — and where...

May 22, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Joe Rabil’s Undercut & Rally Pattern: From DROP to POP

    • RRG Alert Tech Vaults to ‘Leading’—Is XLK Signaling a New Rally?

    • Coelacanth Energy

    • Jeffrey Christian: Gold, Silver, PGMs — Short-term Prices and Key Drivers

    • Ericsson, Rogers Launch Canada’s First Underground 5G Network for Smart Mining

    • Crypto Market Recap: Bitcoin Price Stalls as Fed Holds Rates Steady, Circle Shares Jump

    Categories

    • Business (1,259)
    • Investing (2,583)
    • Politics (3,699)
    • Stocks (1,669)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved