In this articleCMCSANFLXAAPLFollow your favorite stocksCREATE FREE ACCOUNTComcast said Tuesday it will introduce a streaming bundle for its cable, broadband and mobile subscribers, tying together Peacock, Netflix and Apple TV+ at a discounted rate.The announcement, made Tuesday at the MoffettNathanson media conference in New York, comes as major media players increasingly join forces to drive value for users and subscriptions for streaming services.On May 8, Disney and Warner Bros. Discovery announced a bundle of its streaming services — Disney+, Hulu and Max.Comcast’s offer follows a model similar to several bundles from Verizon: Its streaming bundle will be offered to existing Comcast subscribers, which could help prop up its pay-TV subscribers.The company lost 487,000 cable TV customers during the first quarter, Comcast reported during earnings on April 25. The company’s wireless business, however, saw a 21% jump in customers to 6.9 million total lines.Comcast did not disclose the price of the upcoming bundle. Peacock subscription plans start at $5.99 per month, though that’s increasing to $7.99 per month this summer. Comcast broadband customers typically receive a discount on the company’s streaming service.Netflix plans start at $6.99 per month, and Apple TV+ costs $9.99 per month.”We’ve been bundling video successfully and creatively for 60 years,” Comcast CEO Brian Roberts said Tuesday. “And so this is the latest iteration of that. And I think this will be a pretty compelling package.”— CNBC’s Kerry Caufield, Lillian Rizzo and Alex Sherman contributed to this report.Disclosure: Comcast owns NBCUniversal, the parent company of CNBC.Don’t miss these exclusives from CNBC PROMost of Warren Buffett’s stock portfolio is tied up in just 5 stocks. Here’s what they are Bank of America says this shoe stock is an inflation winner and you should buy it before earnings These are Morgan Stanley’s top picks into quarterly earningsTesla price cuts could backfire, fund manager says, warning of a ‘huge demand problem’ on the horizonGundlach sees one rate cut this year as Fed keeps up inflation fight …
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[mwai_chat context=”Let’s have a discussion about this article:nnIn this articleCMCSANFLXAAPLFollow your favorite stocksCREATE FREE ACCOUNTComcast said Tuesday it will introduce a streaming bundle for its cable, broadband and mobile subscribers, tying together Peacock, Netflix and Apple TV+ at a discounted rate.The announcement, made Tuesday at the MoffettNathanson media conference in New York, comes as major media players increasingly join forces to drive value for users and subscriptions for streaming services.On May 8, Disney and Warner Bros. Discovery announced a bundle of its streaming services — Disney+, Hulu and Max.Comcast’s offer follows a model similar to several bundles from Verizon: Its streaming bundle will be offered to existing Comcast subscribers, which could help prop up its pay-TV subscribers.The company lost 487,000 cable TV customers during the first quarter, Comcast reported during earnings on April 25. The company’s wireless business, however, saw a 21% jump in customers to 6.9 million total lines.Comcast did not disclose the price of the upcoming bundle. Peacock subscription plans start at $5.99 per month, though that’s increasing to $7.99 per month this summer. Comcast broadband customers typically receive a discount on the company’s streaming service.Netflix plans start at $6.99 per month, and Apple TV+ costs $9.99 per month.”We’ve been bundling video successfully and creatively for 60 years,” Comcast CEO Brian Roberts said Tuesday. “And so this is the latest iteration of that. And I think this will be a pretty compelling package.”— CNBC’s Kerry Caufield, Lillian Rizzo and Alex Sherman contributed to this report.Disclosure: Comcast owns NBCUniversal, the parent company of CNBC.Don’t miss these exclusives from CNBC PROMost of Warren Buffett’s stock portfolio is tied up in just 5 stocks. Here’s what they are Bank of America says this shoe stock is an inflation winner and you should buy it before earnings These are Morgan Stanley’s top picks into quarterly earningsTesla price cuts could backfire, fund manager says, warning of a ‘huge demand problem’ on the horizonGundlach sees one rate cut this year as Fed keeps up inflation fight …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
