It's going to cost you a little more to subscribe to Peacock starting in August. Here's what you need to know.
Peacock — the streaming service owned by NBCUniversal — is increasing its prices in August. Peacock Premium keeps advertising and is going from $5 a month to $6 a month. The ad-free Peacock Premium Plus is going from $10 a month to $12 a month.
The increase isn’t all that much of a surprise given that all streaming services raise their rates over time. Peacock ended the first quarter of 2023 with revenue up 45%, with nearly 22 million paid subscribers, an increase of 60% or so. That said, Peacock itself lost some $704 million for the quarter, and execs said they expect losses for the year to be “around $3 billion, which we believe will be peak losses for Peacock and then begin to steadily improve.
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