Peacock is raising prices again. Here's how much it will cost you.
It's going to cost more to watch "Love Island" next summer.
Peacock, a streaming service by Comcast-owned NBCUniversal, will raise prices by $3 per month later this month and begin testing a narrowed-down tier for users, according to Reuters. The streaming service said in a statement that subscribers of its ad-supported Peacock Premium option will see a price jump to $10.99 per month.
Meanwhile, its ad-free Premium Plus plan will increase from $13.99 per month to $16.99 per month.
Annual plans are also impacted with Peacock Premium going from $79.99 to $109.99 per year. Premium Plus will soon cost $169.99, instead of $139.99, according to Reuters.
Paste BN has reached out to NBCUniversal for comment.
NBCUniversal's streaming service previously increased prices by $2 ahead of last year's 2024 Summer Olympics.
When will the prices rise?
Peacock's price changes are expected to begin on July 23, though only new subscribers will start paying the new rate then, according to Vulture. Existing subscribers will start paying more as soon as August 22, depending on their next bill date, Vulture reported.
How much is a Peacock subscription now?
The current and new prices for various Peacock subscriptions, according to Reuters, are listed below:
- Peacock Premium (Monthly)
- Current: $7.99
- New: $10.99
- Premium Plus (Monthly)
- Current: $13.99
- New: $16.99
- Peacock Premium (Annually)
- Current: $79.99
- New: $109.99
- Premium Plus (Annually)
- Current: $139.99
- New: $169.99
Lawsuit settled for $3.6 million over Peacock cancelations
The upcoming price hike comes after NBCUniversal agreed to pay a $3.6 million settlement with Los Angeles County over Peacock's auto-renewal process, according Deadline and The Hollywood Reporter.
The lawsuit accused the streaming service of failing to offer a simple way to cancel its auto-renewal subscriptions, Deadline and THR reported.
If a Superior Court judge approves the agreement, the company will pay $1.5 million to the county for consumer protection investigation and enforcement activities, $2 million in civil penalties that will go toward fulfilling consumer protection laws and $100,000 in investigative costs, Deadline reported.
Contributing: Reuters
This story has been updated to add new information.