Outrage over 40% Price Increase by Top Streaming Service: Was Switching from Cable a Mistake?
Fans of popular shows like Love Island, The Traitors, Sunday Night Football, and English Premier League may need to adjust their budgets as one of America’s major streaming services, Peacock, has raised its prices. Subscribers now pay $10.99 per month for the ad-supported plan, which is almost 40% higher than the previous $7.99 price. The Premium Plus plan now costs $16.99 per month, an increase of $2.
With 41 million subscribers, Peacock has also introduced a pilot program for a ‘Select’ tier. This tier maintains the $7.99 entry-level price but restricts access to next-day NBC and Bravo shows like Housewives. Fans are left wondering why they left cable in the first place with this unexpected price hike.