Netflix: Peacocks, Apples, and Mice, Oh My!
If there has ever been a time for headline risk to be a sticking point for investors in Netflix (NASDAQ: NFLX), that would probably be now. Comcast (NASDAQ: CMCSA) offered up some more details of its upcoming streaming service this week, and like all of the other recent unveilings, Peacock is packing more of a punch than many expected.
Peacock -- yes, as in the iconic NBC mascot -- will launch in April. We already knew that it would be available as a premium subscription service as well as a free ad-supported platform. The latter will help it stand out against Netflix, Apple's (NASDAQ: AAPL) Apple TV+, and Disney's (NYSE: DIS) Disney+, which are only available for paying customers (or in the case of Apple TV+, at no additional cost for folks buying the tech giant's gadgetry). This week's Peacock news centers largely around content, and Comcast isn't phoning it in here.
Apart from the already impressive arsenal of NBC shows -- including exclusive access to The Office and 30 Rock -- there will be eyeball-sucking reboots of network classics including Battlestar Galactica and Saved by the Bell. Comcast will also be kicking in access to films from Universal Pictures, DreamWorks Animation, and its other studios. Peacock will be a force when it launches, and once again we find Netflix shareholders chewing on their fingernails with the stock trading 30% below last summer's all-time high.
Source Fool.com
