![]() ![]() Discovery) have all increased the prices of their services in recent months. Peacock was the lone holdout among streamers in hiking rates: Netflix, Paramount+, Disney+ and Max (owned by CNN’s parent company Warner Bros. A free tier was deactivated earlier this year. The streaming service hopes to stem the losses by raising prices. The three-year-old streaming service’s subscriber base has grown to nearly 22 million as of April, but its losses ballooned to more than $700 million because of increasing programming costs. ![]() Current subscribers will get one additional month at the old prices before being charged more on their next billing plan. Peacock alerted subscribers in an email Tuesday. An annual subscription now costs $59.99 (a $10 increase) for the former plan and $119.99 (a $20 increase) for the latter tier. Peacock, the NBCUniversal-owned streaming service, is getting its first-ever price hike.īeginning immediately, new users will have to pay $5.99 monthly for a premium subscription (up from $4.99) and $11.99 per month for its premium plus tier, which is mostly ad-free, up from $9.99. ![]()
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