SPECTRUM TV SELECT CUSTOMERS NOW RECEIVE PEACOCK PREMIUM AT NO EXTRA COST
Rhea-AI Summary
Spectrum and NBCUniversal have announced that Peacock Premium streaming service is now included at no additional cost for all Spectrum TV Select video customers, as part of a new multi-year distribution agreement. The ad-supported Peacock Premium, typically priced at $7.99 per month, offers over 80,000 hours of content including live sports, news, and entertainment from NBC, Bravo, Universal Pictures, and DreamWorks Animation.
This integration aligns with Spectrum's strategy of providing hybrid video products combining linear and streaming television. TV Select customers now receive access to multiple streaming services including Max, Disney+, ESPN+, Paramount+, ViX, and Tennis Channel, delivering approximately $80 per month in retail value at no extra cost.
Positive
- Addition of premium streaming service worth $7.99/month at no extra cost to customers
- Expansion of content offering with 80,000+ hours of programming
- Strategic enhancement of video product portfolio
- Strengthening of NBCUniversal partnership through multi-year agreement
Negative
- to ad-supported version of Peacock Premium only
News Market Reaction 1 Alert
On the day this news was published, CHTR declined 0.71%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NBCUniversal's Ad-Supported Streaming Service Gives Spectrum Video Customers Even More Seamless Entertainment
"The integration of Peacock advances our goal of offering customers high-value video products that include the best of linear and streaming television," said Tom Montemagno, Executive Vice President, Programming Acquisition for Spectrum. "Peacock's inclusion means customers in our most popular packages now enjoy free access to the industry's major streaming services with their Spectrum TV plan, providing up to approximately
Spectrum TV Select customers can use the Xumo Stream Box or any other Peacock-supported device to immediately begin watching one of the most complete streaming services on the market. Peacock provides audiences access to breakout original series, more than 80,000 hours of live sports and entertainment programming, hit movies right after theaters from Universal Pictures, Focus Features, DreamWorks Animation and Illumination, next-day access to all new shows from NBC and Bravo, fan-favorite library content and daily live news.
"Spectrum has long been an important distributor of NBCUniversal's leading broadcast and cable networks, and we are proud to build on that partnership by making Peacock Premium available to Spectrum TV Select customers," said Matt Schnaars, President, Platform Distribution and Partnerships, NBCUniversal. "Peacock's valuable content offering will further strengthen Spectrum's video products and continue Peacock's impressive growth."
Spectrum's addition of Peacock to its video packages comes after it transformed all its major programming distribution agreements to include applicable streaming services within Spectrum TV Select packages. Through this industry-leading hybrid distribution strategy, Spectrum's TV Select customers now have access to seamless entertainment with ad-supported Peacock, Max, Disney+, ESPN+, Paramount+, ViX and Tennis Channel, with more on the way this year.
Spectrum TV Select customers can learn more and activate their Peacock Premium subscription at www.spectrum.com/getapp.
About Spectrum
Spectrum is a suite of advanced communications services offered by Charter Communications, Inc. (NASDAQ:CHTR), a leading broadband connectivity company and cable operator with services available to nearly 57 million homes and businesses in 41 states. Over an advanced communications network, the Company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.
More information can be found at corporate.charter.com.
About NBCUniversal
NBCUniversal is one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, sports and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, world-renowned theme parks, and a premium ad-supported streaming service. NBCUniversal is a subsidiary of Comcast Corporation.
View original content to download multimedia:https://www.prnewswire.com/news-releases/spectrum-tv-select-customers-now-receive-peacock-premium-at-no-extra-cost-302413615.html
SOURCE Charter Communications, Inc.