Comcast, Amazon Announce Expanded Distribution Agreements for Streaming Services

Comcast Corporation (NASDAQ:CMCSA) is one of the most undervalued telecom stocks to invest in. On August 28, Comcast, NBCUniversal, and Amazon announced a series of new and extended distribution agreements. These deals expand entertainment options for customers of Prime Video, Peacock, Fire TV, and Xfinity X1.

A key new development is the ability for Prime Video customers to subscribe to Peacock Premium Plus, Peacock’s ad-free tier, as a channel. The subscription costs $16.99 per month or $169.99 per year. The companies also renewed several existing partnerships. A multi-year renewal agreement ensures that the Peacock app will remain available on Amazon’s Fire TV devices.

Another extended agreement means that films from Universal Pictures Home Entertainment, including titles like Jurassic World Rebirth and How to Train Your Dragon, will continue to be available for purchase or rental on Prime Video. Additionally, Prime Video’s extensive library will remain accessible to Xfinity TV customers.

Comcast Corporation (NASDAQ:CMCSA) is a media and technology company worldwide that operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments.

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Disclosure: None. This article is originally published at Insider Monkey.