Free Peacock Premium, Disney+ and AMC+ offered with Internet plans
Xfinity and Verizon are starting off 2022 with Internet-only plans that include free streaming subscriptions.
New Xfinity customers just looking for an internet subscription can get an entry-level plan for $29.99 per month. The subscription includes perks such as a free Xfinity Flex streaming box, and free subscription to Peacock Premium.
Depending on what part of the U.S. you live in, your perks may differ. Xfinity is offering customers in its Northeast region up to a $200 Visa prepaid gift card.
Verizon Fios is currently offering an entry-level fiber-optic plan for $39.99 per month.
But the company is tossing in a $50 Verizon gift card, a 12-month Disney+ subscription, and a 12-month subscription to AMC+.
Verizon says customers will have to order its service online to avoid a $99 setup charge. The Fios offer does not have an expiration date, but customers will be billed for Disney+ ($7.99 per month), and AMC+ ($8.99 per month) through their Fios bill unless they cancel the streaming services.
Xfinity is offering Peacock, its homegrown streaming service, which will carry all of NBCUniversal’s coverage of the XXIV Olympic Winter Games from Bejing, China.
The 2022 Olympic coverage runs from Feb. 2 to Feb. 20. The Xfinity promotion runs until Jan. 31.
Bundling an Internet offer with an extended free trial of a streaming service isn’t anything new. But it comes as pay-TV providers in the U.S. endured another bruising year of losing cable TV and satellite subscribers.
A November study from Leichtman Research Group, Inc. found that the largest pay-TV providers lost about 650,000 net video subscribers in the third quarter of 2021.
Top cable providers had a net loss of about 700,000 video subscribers in the third quarter of 2021 compared to a loss of 380,000 during the same period in 2020.
Internet subscriptions have been one source for traditional pay-TV incumbents to increase its revenues. LRG reported that 87 percent of U.S. households get Internet service at home, compared to 83 percent in 2016. Only 69 percent of U.S. households had Internet service in 2006.
Founder and Editor of The Cord Cutting Report. Before launching the site in 2016, he worked for more than two decades as a staff writer or correspondent for a number of daily newspapers, including The Boston Globe. His enthusiasm for tech began with the Atari 2600. Follow @james_kimble