Comcast to unveil Netflix, Apple TV+, Peacock streaming bundle

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Comcast is set to launch a streaming bundle combining its Peacock service with Netflix and Apple TV+, as the media and broadband company looks to retain subscribers in the face of stiff competition.

A technician's vehicle sits in the parking lot at a Comcast facility in Lawrence, Massachusetts, U.S. January 25, 2017. REUTERS/Brian Snyder/File Photo

The tie-up follows a similar one announced last week between Warner Bros Discovery and Walt Disney - to offer a bundle of the Disney+, Hulu and Max streaming services. Broadband subscriber loss has been a sore point for Comcast as it faces intense competition from telecom firms such as T-Mobile and Verizon . The trend is expected to continue with the end of a federal internet subsidy program this month.

Peacock, the streaming service of Comcast's unit NBCUniversal, reported 34 million subscribers at the end of the first quarter, compared with Netflix's 269.60 million subscribers and 117.6 million at Disney+, excluding Hotstar.

 

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