According to a new report from Variety, NBCUniversal and Charter have announced a new multi-year distribution deal that will make the Peacock Premium ad-supported streaming service for “no additional cost” to Spectrum TV Select video customers.
Peacock is the home to all things WWE, including all of the company’s premium live even. the deal between WWE and Peacock runs through early 2026.
The report notes it is understood that Charter will be paying a per-subscriber wholesale fee to the media companies for the rights to bundle their streaming services with Spectrum TV. Financial terms of the agreement were not disclosed. Furthermore, it was also noted in the report that Charter also will allow its video customers to upgrade to the ad-free version of Peacock’s Premium Plus, which is ad-free. In addition, Charter said it will also be making both versions of Peacock available for purchase to its internet-only customers next year.
Variety further notes that the addition of Peacock to the Spectrum TV lineup comes after Charter inked similar deals for Disney+ and ESPN+, Warner Bros. Discovery’s Max and Discovery+, Paramount Global’s Paramount+ and BET+, AMC Networks’ AMC+ and TelevisaUnivision’s Vix.
The report concludes that as of the end of June 2024, Charter had 12.72 million residential video subscribers, which was a drop of 393,000 in the period and down 9.6 percent year over year. Including business pay-tv customers, Charter’s video base was at a total of 13.3 million as of June 30, 2024.