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Alphabet's YouTube Premium to Expand Peacock Access

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Alphabet's (GOOG, GOOGL) YouTube is expanding its partnership with Comcast's (CMCSA) NBCUniversal, with eligible YouTube Premium subscribers in the US soon gaining access to the ad-supported tier of Peacock Premium.

Subscribers will be able to stream a larger lineup of live sports, Universal movies and original series through Peacock, YouTube said Monday in a statement.

The companies also plan to introduce international bundles and upgraded Peacock plan options.

NBCUniversal said in a statement the broader agreement extends its multiyear distribution partnership with YouTube TV and will also expand the reach of its international streaming services Universal+ and Hayu in select markets.

Alphabet shares rose 2.3% in Monday trading, and Comcast gained 3.9%.

Price: $326.44, Change: $+7.35, Percent Change: +2.30%

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