NBCUNIVERSAL AND CHARTER COMMUNICATIONS ANNOUNCE RENEWAL AGREEMENT THAT MAXIMIZES CUSTOMER VALUE BY COMBINING LINEAR VIDEO AND DIRECT-TO-CONSUMER STREAMING
NBCUniversal and Charter Communications (NASDAQ: CHTR) have announced a multi-year content distribution agreement that includes the addition of Peacock Premium for Spectrum TV Select video customers at no additional cost. The deal ensures Charter's continued carriage of NBCUniversal's full portfolio of networks while advancing Charter's strategy of including streaming apps in the cable bundle.
Key points of the agreement include:
- Charter will provide up to $65 per month of retail direct-to-consumer streaming value to Spectrum TV Select customers
- Peacock Premium+ (ad-free) upgrade option for video customers
- Peacock products available for purchase to broadband-only customers in 2025
- Continued carriage of NBC- and Telemundo-owned stations, and various NBCUniversal networks
The partnership aims to enhance customer value and flexibility in viewing options, aligning with current preferences for both traditional TV and streaming services.
NBCUniversal e Charter Communications (NASDAQ: CHTR) hanno annunciato un accordo di distribuzione di contenuti pluriennale che include l'aggiunta di Peacock Premium per i clienti video di Spectrum TV Select senza costi aggiuntivi. L'accordo garantisce il continuo supporto da parte di Charter dell'intero portafoglio di reti di NBCUniversal, promuovendo la strategia di Charter di includere le app di streaming nel pacchetto via cavo.
I punti chiave dell'accordo includono:
- Charter fornir脿 fino a 65 dollari al mese di valore di streaming diretto al consumatore per i clienti di Spectrum TV Select
- Opzione di aggiornamento a Peacock Premium+ (senza pubblicit脿) per i clienti video
- Prodotti Peacock disponibili per l'acquisto per i clienti con solo broadband nel 2025
- Continuo supporto delle stazioni di NBC e Telemundo, e varie reti di NBCUniversal
La partnership mira a migliorare il valore per i clienti e la flessibilit脿 nelle opzioni di visione, allineandosi con le attuali preferenze sia per la TV tradizionale che per i servizi di streaming.
NBCUniversal y Charter Communications (NASDAQ: CHTR) han anunciado un acuerdo de distribuci贸n de contenido a varios a帽os que incluye la adici贸n de Peacock Premium para los clientes de video de Spectrum TV Select sin costo adicional. El acuerdo asegura la continuidad de Charter en la transmisi贸n del portafolio completo de redes de NBCUniversal, mientras avanza en la estrategia de Charter de incluir aplicaciones de streaming en el paquete de cable.
Los puntos clave del acuerdo incluyen:
- Charter proporcionar谩 hasta 65 d贸lares al mes en valor de streaming directo al consumidor para los clientes de Spectrum TV Select
- Opci贸n de actualizaci贸n a Peacock Premium+ (sin anuncios) para clientes de video
- Productos de Peacock disponibles para compra para clientes solo de banda ancha en 2025
- Continuaci贸n de la transmisi贸n de estaciones de NBC y Telemundo, as铆 como varias redes de NBCUniversal
La asociaci贸n tiene como objetivo mejorar el valor y la flexibilidad para los clientes en las opciones de visualizaci贸n, aline谩ndose con las preferencias actuales tanto por la TV tradicional como por los servicios de streaming.
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NBCUniversal et Charter Communications (NASDAQ: CHTR) ont annonc茅 un accord de distribution de contenu pluriannuel qui inclut l'ajout de Peacock Premium pour les clients vid茅o de Spectrum TV Select sans frais suppl茅mentaires. Cet accord garantit la poursuite de la diffusion par Charter de l'ensemble du portefeuille de r茅seaux de NBCUniversal tout en faisant avancer la strat茅gie de Charter d'inclure des applications de streaming dans le bouquet de c芒ble.
Les points cl茅s de l'accord comprennent :
- Charter fournira jusqu'脿 65 dollars par mois de valeur de streaming direct au consommateur pour les clients de Spectrum TV Select
- Option de mise 脿 niveau vers Peacock Premium+ (sans publicit茅) pour les clients vid茅o
- Produits Peacock disponibles 脿 l'achat pour les clients uniquement 脿 large bande en 2025
- Poursuite de la diffusion des stations appartenant 脿 NBC et Telemundo, ainsi que de divers r茅seaux de NBCUniversal
Ce partenariat vise 脿 am茅liorer la valeur pour les clients et la flexibilit茅 des options de visionnage, s'alignant sur les pr茅f茅rences actuelles pour la t茅l茅vision traditionnelle et les services de streaming.
NBCUniversal und Charter Communications (NASDAQ: CHTR) haben eine mehrj盲hrige Vereinbarung zur Inhalteverteilung angek眉ndigt, die die Hinzuf眉gung von Peacock Premium f眉r Spectrum TV Select Videokunden ohne zus盲tzliche Kosten umfasst. Der Vertrag sichert die fortgesetzte Ausstrahlung des gesamten Portfolios an NBCUniversal-Netzwerken durch Charter und f枚rdert die Strategie von Charter, Streaming-Apps in das Kabelpaket aufzunehmen.
Die wichtigsten Punkte der Vereinbarung sind:
- Charter wird bis zu 65 Dollar pro Monat an Einzelhandelswert f眉r Streaming-Dienste an Spectrum TV Select-Kunden bereitstellen
- Option zur Aufr眉stung auf Peacock Premium+ (werbefrei) f眉r Videokunden
- Peacock-Produkte sind 2025 zum Kauf f眉r Kunden mit nur Breitband verf眉gbar
- Fortsetzung der Ausstrahlung von NBC- und Telemundo-eigenen Stationen sowie verschiedenen NBCUniversal-Netzwerken
Die Partnerschaft zielt darauf ab, den Kundenwert und die Flexibilit盲t bei den Sehm枚glichkeiten zu erh枚hen, was mit den aktuellen Vorlieben sowohl f眉r traditionelles Fernsehen als auch f眉r Streaming-Dienste 眉bereinstimmt.
- Addition of Peacock Premium for Spectrum TV Select customers at no extra cost
- Up to $65 per month of retail direct-to-consumer streaming value for Spectrum TV Select customers
- Expansion of Peacock distribution to more consumers
- Continued carriage of NBCUniversal's full portfolio of networks
- Potential for increased customer retention and satisfaction through enhanced value proposition
- None.
Insights
This agreement between NBCUniversal and Charter Communications represents a significant shift in the video distribution landscape. By bundling Peacock Premium with Spectrum TV Select, Charter is embracing the "streaming-inclusive" cable model, offering up to
The deal benefits both parties: NBCUniversal gains broader distribution for Peacock, potentially increasing its user base and ad revenue, while Charter strengthens its competitive position by offering a more comprehensive content package. The inclusion of streaming services in cable bundles could slow the rate of cord-cutting and help traditional pay-TV operators maintain relevance in the evolving media ecosystem.
For investors, this deal signals Charter's adaptability to changing consumer preferences and could positively impact customer retention rates. However, the financial impact will depend on the undisclosed terms and how effectively this strategy reduces churn and attracts new subscribers.
While specific financial terms weren't disclosed, this agreement likely involves complex revenue-sharing and cost structures. For Charter, the inclusion of premium streaming services without additional cost to consumers suggests potential pressure on margins in the short term. However, this could be offset by improved customer retention and reduced churn, which are important metrics in the highly competitive pay-TV market.
For NBCUniversal, the deal secures carriage fees for its linear networks while expanding Peacock's reach. This dual-revenue stream approach (subscription and advertising) could boost Peacock's profitability, which has been a concern for Comcast investors.
Investors should monitor Charter's ARPU (Average Revenue Per User) and churn rates in upcoming quarters to gauge the deal's effectiveness. Additionally, keep an eye on Peacock's subscriber growth and revenue per user metrics in Comcast's reports to assess the impact of this expanded distribution.
New Multi-Year Partnership Includes Continued Carriage of NBCUniversal's Broadcast and Cable Networks and Peacock Premium for Spectrum Video Customers at No Additional Cost
Through its programming deals reached over the past year, Charter will soon provide Spectrum TV Select video customers up to
"This extension of our strategic relationship with Charter ensures Spectrum video customers will continue to have access to the leading media portfolio, whether they choose to watch on traditional TV or stream it on Peacock," said Matt Bond, Chairman, Content Distribution, NBCUniversal. "We also achieved our primary goal, which was to strike a deal that recognizes the value of our linear programming and the investments we've made in developing premium content, expanding the distribution of Peacock to more consumers. We are pleased to partner with Charter to reach these objectives to the benefit of our viewers."
In addition to the inclusion of Peacock Premium for Spectrum video customers at no extra charge, the distribution agreement ensures Charter's continued carriage of NBCUniversal's NBC- and Telemundo-owned stations, Bravo, CNBC, CNBC World, E!, MSNBC, Universo, Oxygen, SYFY, Telemundo Network, Universal Kids,
"With the renewal of our long-standing partnership with NBCUniversal, 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," said Tom Montemagno, Executive Vice President, Programming Acquisition, Charter Communications, which operates the Spectrum brand. "As we look ahead to 2025, we plan to extend this customer-first philosophy and deliver even greater value and choice to better align with customers' current viewing preferences, including through hybrid linear DTC relationships, DTC streaming to Internet-only subscribers, and smaller video packages with DTC add-ons. We appreciate NBCUniversal's willingness to join forces with us for the benefit of our video and broadband customers."
Financial terms of the agreement were not disclosed.
About NBCUniversal
NBCUniversal is one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, sports and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, world-renowned theme parks, and a premium ad-supported streaming service. NBCUniversal is a subsidiary of Comcast Corporation.
About Charter 听
Charter Communications, Inc. (NASDAQ: CHTR) is a leading broadband connectivity company and cable operator with services available to more than 57 million homes and businesses in 41 states through its Spectrum brand. Over an advanced communications network, the Company offers a full range of state-of-the-art residential and business services including Spectrum Internet庐, TV, Mobile and Voice.
For small and medium-sized companies, Spectrum Business庐听delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise庐听provides highly customized, fiber-based solutions. Spectrum Reach庐 delivers tailored advertising and production for the modern media landscape. The Company also distributes award-winning news coverage and sports programming to its customers through Spectrum Networks. More information about Charter can be found at .
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SOURCE Charter Communications, Inc.
FAQ
What does the new agreement between NBCUniversal and Charter Communications (CHTR) include?
How much streaming value will Spectrum TV Select customers receive under this agreement?
When will Peacock be available to Charter's (CHTR) broadband-only customers?
Which NBCUniversal networks will continue to be carried by Charter Communications (CHTR) under this agreement?
