Peacock raises subscription prices for the first time
ASSOCIATED PRESSStreaming service Peacock is raising the prices of its subscription plans, if you have an inclination to rewatchfor the hundredth time. The ad-supported Premium subscription goes up by a buck, to $6 per month, while the ad-free Premium Plus option shoots up two bucks to $12 per month. An annual Premium subscription is going up $10, so $60 per year, while the Premium Plus subscription increases $20, making it $120 per year.
This is actually the first price hike for the NBCUniversal-owned streaming service since launching back in 2020. The increase impacts both current and incoming subscribers. The streamerso you have to pay up to learn if Jim and Pam ever share that paper-drenched kiss. Why the price hike? Peacock is hemorrhaging money, despite a rapidly-increasing subscriber base. As of April, the streamer boasted 22 million paying subscribers, but increased programming costs led to a loss of more than $700 million. NBC’s golden child was the last holdout, as every other major streaming platform already slapped subscribers with price bumps. Paramount+ prices
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