CNBC: Cable still more profitable than streaming
On Monday, a CNBC reporter said NBCUniversal dropped a small hint about how it views the future profitability of its forthcoming streaming service Peacock.
Peacock is a streaming television services operated by Comcast subsidiary NBC Universal. It offers three subscriptions: A free, advertisement-supported tier with limited programming; a premium, advertisement-supported tier with an expanded library of movies and shows for $5 a month; and an ultra-premium, commercial-free tier for $10 a month.
On Monday, a CNBC reporter said NBCUniversal dropped a small hint about how it views the future profitability of its forthcoming streaming service Peacock.
Comcast offered new details about its NBC-branded Peacock streaming service that is expected to land on smart TVs and set-top boxes in April.
NBC’s new streaming service may be free for most TV viewers who agree to sit through a few ads every hour, according to a reliable report.