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Charter to offer NBCUniversal's Peacock streaming service at no extra charge
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Charter to offer NBCUniversal's Peacock streaming service at no extra charge
Oct 2, 2024 11:10 PM

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)

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