Latest news with #PeacockSelect
Business Insider
22-07-2025
- Business
- Business Insider
Comcast Stock (NASDAQ:CMCSA) Gains Despite Unsettling New Peacock Plan
Bad news for communications giant Comcast (CMCSA) customers recently emerged. Thankfully, the news is not all bad, and will actually only be bad for some customers. In fact, it might be that the news is actually a net positive, when considered in terms of overall reach. If this is starting to sound a little cryptic, think of it this way: Peacock customers are about to be unhappy, but Comcast internet subscribers will be the opposite. Shareholders, however, are also pretty happy, as shares were up modestly in Monday afternoon's trading. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Basically, Peacock is about to see its single biggest price hike ever, reports note, going up by $3 per month. This will take prices of the ad-supported plan up to $10.99 a month, and the ad-free plan will jump to $16.99 per month. The price hike hits soon, too, starting up this Wednesday, July 23. The biggest reason seems to be the rising cost of sports rights, a vital part of many streaming operations' strategy. There is a bit of hope for household budgets that depend heavily on Peacock, though. A new plan, called Peacock Select, will be coming out on a test basis later on. The scaled-down version offers next-day access to NBC and Bravo series, as well as '…a broad assortment of library titles.' But the sports are out, as are Peacock originals like Twisted Metal, and streaming movie premieres are also out. The only real advantage here is the cost savings, which will likely be a slap in the face to some subscribers. A Boost for the Internet Subscribers This news is certainly not welcome to most subscribers, but Comcast Xfinity subscribers will likely be much happier. Recently, they heard about Xfinity's new plan to simplify its plans, and its further plans to drop all data caps. The bane of most internet users' existence, data caps once set limits on just how much data users could access without either having their account throttled down to near-uselessness or incurring further charges. Now, Xfinity comes in four flavors, based on speed—your choice of 300 Mbps, 500 Mbps, 1 Gbps and 2 Gbps—and prices that are either guaranteed or not depending on the rate that is paid. Previous plans will also be grandfathered in, reports note. Comcast also recently rolled out its new 'ultra-low lag' technology that helps improve use on things like video conferencing tools. Is Comcast Stock a Good Buy Right Now? Turning to Wall Street, analysts have a Moderate Buy consensus rating on CMCSA stock based on eight Buys, eight Holds and one Sell assigned in the past three months, as indicated by the graphic below. After a 12.62% loss in its share price over the past year, the average CMCSA price target of $39.97 per share implies 14.22% upside potential.
CNN
17-07-2025
- Business
- CNN
Comcast's Peacock to raise streaming prices next week, introduce new streamlined tier
Peacock, a streaming service by Comcast-owned NBCUniversal, said on Thursday it will raise prices by $3 later this month and begin testing a new narrowed-down tier for users. The price for Peacock's ad-supported premium plan will increase to $10.99 per month, while the premium plus plan will now be priced at $16.99 per month, starting July 23, according to a statement by the streaming service. Peacock will begin testing a 'Select' tier, targeting TV lovers, featuring current seasons of shows on NBC and Bravo and an assortment of library titles, priced at $7.99 a month. The price increases come on top of an earlier $2 rise rolled out before the Olympic Games in Paris last year. Peacock, which claims it will stream more live sports than Amazon Prime, Paramount+, Hulu, HBO Max, Apple TV and Netflix combined in 2026, reported total paid subscribers of 41 million in the first quarter, compared with 36 million at the end of last year. The streaming service offers reality shows such as 'Love Island USA' and films including 'Wicked' and 'Nosferatu.'
CNN
17-07-2025
- Business
- CNN
Comcast's Peacock to raise streaming prices next week, introduce new streamlined tier
Peacock, a streaming service by Comcast-owned NBCUniversal, said on Thursday it will raise prices by $3 later this month and begin testing a new narrowed-down tier for users. The price for Peacock's ad-supported premium plan will increase to $10.99 per month, while the premium plus plan will now be priced at $16.99 per month, starting July 23, according to a statement by the streaming service. Peacock will begin testing a 'Select' tier, targeting TV lovers, featuring current seasons of shows on NBC and Bravo and an assortment of library titles, priced at $7.99 a month. The price increases come on top of an earlier $2 rise rolled out before the Olympic Games in Paris last year. Peacock, which claims it will stream more live sports than Amazon Prime, Paramount+, Hulu, HBO Max, Apple TV and Netflix combined in 2026, reported total paid subscribers of 41 million in the first quarter, compared with 36 million at the end of last year. The streaming service offers reality shows such as 'Love Island USA' and films including 'Wicked' and 'Nosferatu.'
CNN
17-07-2025
- Business
- CNN
Comcast's Peacock to raise streaming prices next week, introduce new streamlined tier
Peacock, a streaming service by Comcast-owned NBCUniversal, said on Thursday it will raise prices by $3 later this month and begin testing a new narrowed-down tier for users. The price for Peacock's ad-supported premium plan will increase to $10.99 per month, while the premium plus plan will now be priced at $16.99 per month, starting July 23, according to a statement by the streaming service. Peacock will begin testing a 'Select' tier, targeting TV lovers, featuring current seasons of shows on NBC and Bravo and an assortment of library titles, priced at $7.99 a month. The price increases come on top of an earlier $2 rise rolled out before the Olympic Games in Paris last year. Peacock, which claims it will stream more live sports than Amazon Prime, Paramount+, Hulu, HBO Max, Apple TV and Netflix combined in 2026, reported total paid subscribers of 41 million in the first quarter, compared with 36 million at the end of last year. The streaming service offers reality shows such as 'Love Island USA' and films including 'Wicked' and 'Nosferatu.'
Reuters
17-07-2025
- Business
- Reuters
Comcast's Peacock to raise streaming prices next week, introduce new streamlined tier
July 17 (Reuters) - Peacock, a streaming service by Comcast-owned (CMCSA.O), opens new tab NBCUniversal, said on Thursday it will raise prices by $3 later this month and begin testing a new narrowed-down tier for users. The price for Peacock's ad-supported premium plan will increase to $10.99 per month, while the premium plus plan will now be priced at $16.99 per month, starting July 23, according to a statement by the streaming service. Peacock will begin testing a "Select" tier, targeting TV lovers, featuring current seasons of shows on NBC and Bravo and an assortment of library titles, priced at $7.99 a month. The price increases come on top of an earlier $2 rise rolled out before the Olympic Games in Paris last year. Peacock, which claims it will stream more live sports than Amazon Prime, Paramount+, Hulu, HBO Max, Apple TV and Netflix combined in 2026, reported total paid subscribers of 41 million in the first quarter, compared with 36 million at the end of last year. The streaming service offers reality shows such as "Love Island USA" and films including "Wicked" and "Nosferatu".
