Oct 2 (Reuters) - Charter Communications ( CHTR ) said
it will offer NBCUniversal's Peacock streaming service
to some customers at no extra cost from next year under a new
multi-year deal, in a move to boost the cable and broadband
firm's user base.
The deal also includes renewal of Comcast ( CMCSA )-owned
NBCUniversal's full portfolio of networks including broadcast,
entertainment and sports, among others, the companies said on
Wednesday, without disclosing the financial terms.
Cable TV operators are increasingly bundling streaming
services with their offerings to hold on to their subscriber
base.
The deal will offer customers of Charter's cable TV plan
Spectrum TV Select, which already includes streaming platforms
such as Disney+, ESPN+ and Paramount+, access
ad-supported Peacock streaming service.
Stamford, Connecticut-based Charter has 13.31 million total
video customers as of June 30.
Charter had renewed a similar deal with Warner Bros
Discovery ( WBD ) in September, adding Max and Discovery+
streaming services to its package at no additional charge.
"We now have completed deals with every major programmer to
create better flexibility and greater value to our customers by
including DTC streaming apps with their Spectrum TV service, at
no extra cost," Tom Montemagno, Charter's executive vice
president of programming acquisition, said on Wednesday.
Charter had won some concessions from Walt Disney ( DIS )
last year as it negotiated for a smaller package of programming
and gained rights to distribute Disney+, Hulu and ESPN+ to its
Spectrum TV customers.
(Reporting by Jaspreet Singh in Bengaluru)