YouTube Premium Subscribers Get Peacock Free Starting Next Year

The multi-year deal folds Peacock's shows, movies, and live sports into YouTube Premium's $15.99 monthly plan, undercutting the cost of subscribing to both separately.

YouTube Premium is about to get a lot more valuable. Starting next year, subscribers to YouTube's ad-free tier will be able to stream Peacock's full lineup — shows, movies, and live sports — right inside the YouTube app, under a new multi-year agreement between YouTube and NBCUniversal announced Monday.

The mechanics are straightforward: Peacock gets bundled into YouTube's standard Premium subscription, which climbed to $15.99 a month back in April. YouTube spokesperson Jessica Gibby confirmed the bundling to The Verge. Do the math and it's a clear deal for consumers — Peacock's ad-supported plan alone starts at $10.99 a month, so paying for both services separately would run well past what YouTube Premium now costs on its own.

For NBCUniversal, the timing matters as much as the terms. Peacock is in the middle of a corporate untangling, splitting off from Comcast's broadband business along with the rest of NBCUniversal and Sky. Landing distribution through one of the biggest platforms in streaming gives the newly independent Peacock a built-in growth lever right as it's finding its footing. Matt Strauss, chairman of NBCUniversal's media group, framed the deal as fuel for what he called Peacock's "next phase of growth by bringing the service to millions of YouTube Premium subscribers."

The scale on both sides is what makes this worth paying attention to. YouTube said it had 125 million Premium and Music subscribers in 2025. Peacock, meanwhile, reported 48 million U.S. subscribers in Comcast's most recent earnings, and it posted its first-ever profitable quarter last quarter. Neither service is hurting, but pairing them creates a bundle that's harder for either to match alone — and gives Peacock a shot at reaching viewers who never bothered to sign up on their own.

Sports are part of the package too. As part of the agreement, NBCUniversal will bring a selection of live sporting events to YouTube, and the companies are also extending their existing distribution deal for YouTube TV, YouTube's separate live-TV streaming service.

The move fits a broader pattern of streaming services looking for distribution partners rather than going it alone against subscriber fatigue. For YouTube, tacking Peacock onto Premium adds another reason for cord-cutters to stick with a subscription that already covers ad-free video and music. For Peacock, it's a chance to ride YouTube's massive reach at a moment when standing alone as a freshly spun-off company carries real risk. Exactly how the bundle will look inside the YouTube app, or whether it will affect Peacock's own standalone pricing, hasn't been detailed yet. But the direction is clear: two of the biggest names in streaming just decided it's better to team up than compete for the same subscriber's wallet.