Streaming service charges $7.99 for ad-supported tier and $13.99 for ad-free version
- Peacock is raising prices by $2 a month
- New subscribers will be charged $7.99 for the ad-supported tier and $13.99 for the ad-free version
- Existing subscribers will see the price increase on Aug. 17
- Peacock is the exclusive site for streaming the Summer Olympics
- Peacock has about 34 million subscribers
Peacock, the streaming service from NBCUniversal, is increasing its monthly fee for new subscribers by $2 starting on July 18. The ad-supported tier will cost $7.99 a month, while the ad-free version will be priced at $13.99. Existing subscribers will experience the price increase on Aug. 17. This comes just in time for the Summer Olympics, as Peacock will be the exclusive site for streaming the Games, offering over 5,000 hours of live coverage. With approximately 34 million subscribers, Peacock aims to attract new users and capitalize on the popularity of the Olympics. In its first-quarter earnings report, Comcast highlighted the streaming service’s rising revenue and narrowing losses.
Factuality Level: 8
Factuality Justification: The article provides factual information about Peacock raising its prices, the new monthly fees for new subscribers, the timing of the price increase, and the coverage of the Summer Olympics on the streaming service. The article also includes details about the number of subscribers Peacock has and information from Comcast’s first-quarter earnings report. There are no significant digressions, misleading information, sensationalism, redundancy, or opinion presented as fact in the article.
Noise Level: 3
Noise Justification: The article provides relevant information about Peacock’s price increase, the timing of the increase, and the reasons behind it. It also includes details about the Summer Olympics and how NBCUniversal is leveraging it to attract new subscribers. However, the article lacks in-depth analysis, antifragility considerations, and accountability of powerful people. It stays on topic and supports its claims with data, but it doesn’t provide actionable insights or solutions for the reader.
Financial Relevance: Yes
Financial Markets Impacted: The article pertains to the price increase of Peacock, the streaming service from Comcast Corp.’s NBCUniversal. This may impact the financial performance of Comcast Corp.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article discusses a financial topic, specifically the price increase of Peacock, which is relevant to financial markets. There is no mention of an extreme event.
Public Companies: Comcast Corp. (CMCSA)
Key People: Comcast Corp. (Parent company of NBCUniversal)
Reported publicly:
www.marketwatch.com 
