American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Business

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

by admin May 16, 2024
May 16, 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
Red Lobster closing at least 99 locations as its future comes into question
next post
Dow slips for first losing day in nine as consumers’ expectations for inflation rise

Related Posts

COWZ vs CALF vs BUL: Which free cash...

March 25, 2025

Nvidia’s $279 billion wipeout — the biggest in...

September 5, 2024

Dow plunges over 2,000 points as China slaps...

April 5, 2025

Why did activist investor Elliott build a short...

March 29, 2025

DJT shares close down more than 9% as...

May 3, 2024

IBIT, FBTC, ARKB have crashed: 4 reasons to...

March 14, 2025

Amazon owes $525 million in cloud-storage patent fight,...

April 17, 2024

Shanghai Composite Index prepares for a big move...

November 15, 2024

Australia faces potential winter gas shortage, regulator warns

March 27, 2025

US auto sales accelerate to five-year high as...

January 4, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Latest News

    • Interview: Strategic location gives Brazil Potash cost advantage in domestic fertiliser market, says CEO Matt Simpson

      June 1, 2025
    • Canada’s Q1 GDP expands by 2.2%, driven by exports spike ahead of potential US tariffs

      June 1, 2025
    • President Trump to host farewell for Elon Musk as DOGE leader steps away

      June 1, 2025
    • UK’s digital banks face divergent fortunes: Starling stumbles, Monzo and Revolut soars

      June 1, 2025
    • Trump wants Apple to shift iPhone production from India to the US: here’s what it means

      May 18, 2025

    Categories

    • Business (3,002)
    • Investing (2,453)
    • Latest News (1,994)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.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 americaninvesthub.com | All Rights Reserved