Peacock Streaming Service Gets $3 Price Hike

[MacRumors]

NBC-owned streaming service Peacock is increasing its prices, and the ad-supported plan will soon be $3 more expensive. According to Variety, Peacock's ad-supported plan will be priced at $10.99 per month starting on July 23.

The Premium Plus plan that features limited ads in live programming is also increasing in price from $13.99 to $16.99. Yearly pricing for the Premium plan will be $110, and the Premium Plus yearly price will be $170.

This is the third price increase that Peacock has introduced in the last three years, and Variety claims that NBCUniversal executives believe that the service is underpriced compared to competing streaming services.

At $11 per month, Peacock's ad-supported tier will be more expensive than ad-supported options from Netflix, Disney+, HBO Max, and Paramount+. Peacock is testing a lower-priced "Select" plan that features NBC and Bravo current seasons and a limited number of library titles. The plan will be priced at $7.99 per month.

While price increases will hit new subscribers on July 23, existing subscribers can expect to have to pay the higher fees starting after August 22 depending on their next billing date.

Article Link: Peacock Streaming Service Gets $3 Price Hike

 

[Astrohunter]

We need more streaming services!
I prefer qBitTorrent though.

 

[HylianKnight]

🏴‍☠️ or Buy. The price most streaming services charge exceeded the value I place on the content they offer a while ago. Peacock was the first one I canceled.

 

[Corefile]

Who pays for streaming?

 

[GDF]

What a rip off. The only thing that Peacock offers is Sports coverage and I dislike paying for sports. Barely any new series/movies. And if you need sports, just wait until Black Friday and get it cheap. These streaming services are getting so greedy. Wish people would stop subscribing to them.

 

[spaxxedout]

Just in time for Jelly Roll to make his PPV debut at Summerslam

 

[Hal~9000]

At the moment I already have:

• Amazon Prime ($140/year) - have it mostly for 2-day shipping but use the streaming as a side benefit
• YouTube Premium ($140/year) - only easy way to get ad-free YT on AppleTV
• Ad-free Hulu/Disney+ ($13/mo total for both via Amex cash back rewards)
• Netflix (free via family members account sharing)

Don’t really need to add another streaming service to the mix. If my wife did somehow want to watch something on another platform I’d simply sign up for a month, binge what we wanted, and then cancel before the month was over.

 

[icwhatudidthere]

Thanks Peacock. You canceled the Premium Plus add-on so this new price increase just reminded me to go ahead and cancel the annual Premium plan.

 

[whsbuss]

Streaming services are price hiking themselves out of business.

 

[firstcitazen]

they are pulling the same playbook as the cable industry. Increase cost, but not value ,to dwindling subscribers hoping to make a profit. We all know how the story ends....

 

[tranceme]

What a rip off. The only thing that Peacock offers is Sports coverage and I dislike paying for sports. Barely any new series/movies. And if you need sports, just wait until Black Friday and get it cheap. These streaming services are getting so greedy. Wish people would stop subscribing to them.

This is exactly how I feel. Everyone once and while I miss a sport event if on Peacock. But, not willing to pay for the rest of what they are offering.

 

[appeals.key_0k]

This is a 38% price increase. Remember that before you consider sticking with them because “it’s only $3” (which is the conclusion NBC hopes you land on).

 

[BBCWatcher]

That’s a 37.5% price hike for Peacock’s base plan! Has your salary increased 37.5% this year?

 

[Justin Cymbal]

Glad that I got a full year locked in at $24.99 when they had it on promo:

New / Returning Subscribers: 1-Year Peacock TV Premium Streaming (Ad-Supported)

Peacock TV has for New / Returning Subscribers: 1-Year Peacock TV Premium Streaming Subscription (Ad-Supported) on sale for $24.99 when you redeem promo code SPRINGSAVINGS at checkout. Thanks to co

slickdeals.net

I primarily bought it to watch the upcoming Ohio State (Peacock exclusive) game this fall:

Ohio State football on Peacock: How to watch Buckeyes play Michigan State

COLUMBUS, Ohio (WCMH) — For just the second time, an Ohio State football game will be broadcast exclusively by a streaming service. Saturday’s Big Ten opener at Michigan State will be streamed on Peacock at 7:30 p.m., a platform that is owned by NBC and not NBC4’s parent company, Nexstar. The...

sports.yahoo.com

 

[tranceme]

I remember back in day when cable/satellite was getting expensive (heck maybe it always was). Then, streaming was becoming attractive for a few bucks a month. But, like cable/satellite, we are back to square one were you are paying for lots of content you don't need.

If you add up all the different services you need to access content, it somewhat worse than it was before the cable/satellite days. Nuts.

 

[victorvictoria]

If you play it smart, you discontinue your account. Bout a week later, you'll get an offer for $19.99/year!

 

[GioGiusi]

LMAOOO!!!! $11 with ads. I can’t wait for them to shut it down and blame something other than their greed.

 

[GioGiusi]

Streaming services are price hiking themselves out of business.

actually, they’re just trying to charge what’s necessary to break even or slightly turn a profit. The streaming business is almost impossible to make money with on its own unless it is propped up or subsidized by some other business. Hence why Netflix is priced into the stratosphere and Disney and Apple are the only other ones staying alive.

 

[Naraxus]

A $3 increase just to show me ads? Yeah **** that ********. If I'm paying for something it sure as **** isn't going to have ads in it.

 

[whatgift]

As an Australian (where Peacock is not available), what well-known content is on Peacock? It's likely that the same content is on another service here.

 

[ZipZilla]

I pay for YouTube premium and that's enough for me

 

[macvicta]

actually, they’re just trying to charge what’s necessary to break even or slightly turn a profit. The streaming business is almost impossible to make money with on its own unless it is propped up or subsidized by some other business. Hence why Netflix is priced into the stratosphere and Disney and Apple are the only other ones staying alive.

The problem is that you can’t have Apple as a main service because they don’t have enough content. Apple TV+ in its current state is supplementary. But if they’d expand their library and keep the price low due to all the money they make on hardware, they could really give these other services some trouble.

 

[Orange Bat]

Wait — people actually pay for Peacock? People actually watch Peacock? I figured out of all the streaming services Peacock would be the first to fold.

 

[JosephAW]

Paying $2.99/mo for four users Disney/Hulu w/ads cyber Monday plan for the past several years, can’t see paying more.
Dropped Netflix when the free T-Mobile two user plan stopped and Netflix told us both users had to be on the same WiFi SSID.
Netflix needs a cyber Monday $2.99 plan now, can’t see praying more.
My brother just got free year cellular plan with xfinity with peacock premium free for a year.
There’s some deal still out there.

 

[barnyard]

Still free with Instacart?