Why Comcast's Peacock Could Become a Major Threat in the Streaming Wars
The streaming industry has grown incredibly competitive in just the last couple of years with the introduction of platforms such as Walt Disney's Disney+, Warner Bros. Discovery's HBO Max, and Apple's Apple TV+ in addition to industry giant Netflix (NASDAQ: NFLX). As a result, streaming wars have become a hot topic of conversation among analysts.
One more company joining the fray is Comcast (NASDAQ: CMCSA), which has made significant strides with its streaming service, Peacock. Here's why investors would be wrong to overlook this streamer and how it could substantially threaten its competition.
Peacock launched in July 2020 from Comcast's television and streaming division, NBCUniversal. The platform offers a library of NBCUniversal and third-party content, including TV series, movies, news, and sports. Consumers can choose from three subscription options: a completely free, ad-supported tier for access to a portion of the library; a second ad-supported tier for $4.99 per month with access to the entire library; and an ad-free experience for $9.99 per month.
Source Fool.com
