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Peacock Premium vs Netflix Premium: Full Comparison and Which Is the Better Value

Peacock logo on flatscreen TV.

Peacock Premium vs Netflix Premium: Full Comparison and Which Is the Better Value

If you saw “Premium Sides” on a menu, you’d know you’d be paying a little extra for something better than the basics. If you saw “Premium Offerings” on a hotel’s list of accommodations, you’d expect to see some special goods and services not included in the room’s base price. The same goes for our streaming services today. When the streamer tacks “Premium” onto the name, you’re in for something better than the basics. So, how do Peacock Premium vs Netflix Premium plans compare?

Peacock Premium vs Netflix Premium: Side by Side Comparison

Peacock PremiumNetflix Premium
Monthly price$4.99$19.99
Annual price$49.99 (one-time payment)$239.88 (paid monthly)
AdsYesNo
Offline downloadsNoYes
Full streaming libraryYesYes
Simultaneous streamsThreeFour
Top streaming quality4K Ultra HD4K Ultra HD
Top audio qualityDolby AtmosDolby Atmos
Live contentSports, EventsStand-Up, Reunion Specials
Special featuresAlways-On channels, new episodes of NBC & Bravo shows as they air, exclusive new release films.Six devices with downloads, four simultaneous streams, spatial audio, exclusive Netflix Original films
Blue Light on iPhone
Netflix and Peacock offer convenient streaming apps, allowing you to watch content on the go.

Peacock Premium vs Netflix Premium: What’s the Difference?

Despite bearing the “Premium” tag, both streaming services have fundamental differences. The side-by-side comparison above gives us a good glimpse at some. Let’s examine the differences in price, ad breaks, downloads, and live-streaming content between Peacock Premium vs Netflix Premium in detail below. Only then can we know which is the better value overall.

Infographic Peacock Premium vs. Netflix Premium

Price

Starting with price, how does Peacock Premium compare to that of Netflix Premium? Peacock Premium costs $4.99 a month for its ad-supported streaming. Subscribers may also pay $49.99 a month through a one-time payment for an added discount. Netflix Premium costs $19.99 a month for its ad-free streaming. It doesn’t offer a similar one-time payment discount, meaning your month-to-month cost will add up to nearly $240 a year. This is the most expensive Netflix plan. Peacock Premium Plus costs $9.99 a month, or $99.99 a year.

Ads

As we know, Peacock Premium comes with frequent ad breaks before, during, and after its streaming content. This is true regardless of what you’re watching. Not even Peacock’s ad-free tier is truly ad-free. Live sporting events and other live streams will always carry ad breaks by design. Conversely, Netflix Premium has no ad breaks. (Not even during its occasional live offerings.) This is a major plus for Netflix Premium and a major setback for Peacock Premium.

Downloads

Whether commuting to work, heading out on a road trip, or simply having a limited amount of data per month, offline downloads make it easy to stream content without using the Internet. Peacock Premium doesn’t offer this feature. Netflix Premium does, though. Not even Peacock Premium Plus allows for wide-ranging downloads that Netflix supports. It’s yet another setback for NBCUniversal’s service.

Live Content

Television screen displaying a sporting event with a man watching.
Peacock is the exclusive streaming home of the 2024 Olympics, among other sporting events throughout the year.

Let’s compare live offerings between Peacock Premium vs Netflix Premium. The former has plenty. From its Always-On channels that play popular shows 24/7 to its live sporting events and awards shows, Peacock has the live content space covered. Netflix (and, by default, Netflix Premium) is not quite on Peacock’s level just yet. While it’s begun to experiment with live stand-up shows and reunion episodes, Netflix is still a long way from ironing out all the kinks of its live content.

Simultaneous Streams

Many streamers allow multiple people to watch different titles from various devices, all from the same streaming service account. For example, you could be watching a television show in the living room, another a movie in their room, and a third a stand-up special in the den. Each one will enjoy their streams without interrupting the other. Peacock Premium lets you stream from up to three devices simultaneously, while Netflix Premium supports up to four.

The History of Peacock

When comparing Peacock Premium vs Netflix Premium, it helps to look at the origins and history of each service. Broadly speaking, the differences between each company and its origin story can tell us much about which Premium plan is superior. Peacock launched in April 2020. A division of Comcast, Peacock is the streaming home to all its fellow Comcast networks such as NBC, Bravo, USA, Syfy, E!, and more. Not to mention, Peacock holds an impressive chunk of NBCUniversal’s film library.

Even new theatrical releases — such as Cocaine Bear and Knock at the Cabin, for example — stream exclusively on Peacock before ending up anywhere else. Peacock Premium also streams live sporting events, awards ceremonies, and other special events. Additionally, Peacock Premium offers Always-On channels: 24/7 live streams of hit shows that function similarly to a television station. However, only Peacock Premium Plus offers live-streaming of your local NBC television station.

At the service’s launch, Peacock Premium was the middle tier of the three. Today, with Peacock’s decision to remove the free base tier, Peacock Premium has now transitioned to the service’s entry-level tier. Peacock Premium Plus is your only other option, and it’s available for twice the price. In addition to the live-streamed local NBC station, Peacock Premium Plus also removes ads. This is the biggest difference between these two Peacock plans. Premium has ads, while Premium Plus has next to none.

Skyscraper with Comcast and NBCUniversal's logo at the top.

Peacock is the streaming home for everything pertaining to NBCUniversal and Comcast. This includes NBC, E!, Bravo, and more.

How Netflix Compares

If Peacock is the new kid on the block, then Netflix is the homestead that’s been around for a while. First launched in 2007, after ten years of being an exclusive DVD-by-mail service, Netflix has spent the last 16 years slowly growing and developing its streaming service arm. It has seen so much growth that the original DVD-by-mail offering will officially be shut down by the end of fall 2023. Founders Reed Hastings and Marc Randolph transformed their humble video rental competitor into the world’s most popular paid streaming service.

Home to a vast library of television shows, movies, specials, and original content, Netflix offers a variety of plans to subscribers. Netflix Premium is the most expensive, most feature-heavy plan of the four. The only plan with 4K Ultra HD streaming and spatial audio, Netflix Premium is incredibly appealing based on this advantage alone. It also provides the most simultaneous streams and device downloads of all four Netflix plans. While it comes at a hefty price, many still opt for this top tier.

Nevertheless, Peacock continues to hit Netflix where it hurts: Its content. The Office, Parks & Recreation, and other NBCUniversal titles were once smash successes on Netflix. Some have even said Netflix streaming helped turn these moderately well-received comedies into massively successful contemporary sitcom classics. Despite this, Peacock has pulled The Office, Parks & Rec, and numerous other properties off of Netflix and placed them on its in-house streamer instead. If this trend continues, Netflix will be gutted and badly hurt.

Peacock Premium vs Netflix Premium: 5 Must-Know Facts

  • At Peacock’s launch, the service offered a free, ad-supported base tier. However, Peacock executives removed the plan in early 2023 to cut costs. Initial subscribers can still access Peacock for free.
  • Netflix recently introduced a cheaper, ad-supported version of its Standard plan called Netflix Standard with Ads. It includes all but about 60 Netflix titles available on the ad-free Standard plan. The plan streams in Full HD on up to two devices but forbids offline downloads.
  • Peacock has just two plans: Peacock Premium and Peacock Premium Plus. Netflix, comparatively, has four: Netflix Basic, Netflix Standard, Netflix Standard with Ads, and Netflix Premium.
  • Peacock offers exclusive extended episodes of The Office and Parks & Recreation. The service edited these episodes with new and never-before-seen deleted scenes to attract more subscribers.
  • Netflix recently began developing a library of mobile games and integrating them into its streaming hub. Netflix Premium gives you full access to these mobile games, ad-free and unhindered.

Peacock Premium vs Netflix Premium: Pros and Cons

Pros of Peacock PremiumCons of Peacock Premium
Exclusive streaming home to hit NBC showsIncludes ad breaks
Offers new movies straight from the theaterNo live-streaming local NBC station
Super affordable at $5 a month or $50 a yearOnly three simultaneous streams
4K UHD and Dolby Atmos streaming qualityNo offline downloads allowed
Pros of Netflix PremiumCons of Netflix Premium
Only Netflix plan with 4K UHD streamingAt $19.99, the plan is Netflix’s most expensive
Spatial audio is exclusive to this planLess live offerings than Peacock
Ad-free with access to the full libraryUltra HD streaming uses lots of bandwidth
Up to four simultaneous streamsLosing increasing amounts of licensed content

Peacock Premium vs Netflix Premium: Which Is Better?

So, which “Premium” subscription service is the better value? Peacock Premium is $4.99 a month or $49.99 a year for ad-supported streaming of the full NBCUniversal and Comcast streaming library. On the other hand, Netflix Premium is $19.99 a month (which adds up to $239.88 a year) for ad-free streaming of the entire Netflix library. Both have 4K UHD streaming with Dolby Atmos audio, but only Netflix allows offline downloads. Though it’s four times Peacock’s price, Netflix Premium is the better value based on its ad-free content and support for downloads.

Frequently Asked Questions

What's the difference between Peacock Premium and Peacock Premium Plus?

Peacock Premium is the most affordable tier of NBCUniversal’s streaming service. It goes for $4.99 a month or $49.99 a year and offers ad-supported streaming of the entire Peacock library. You do not have access to offline downloads, but you do get access to the Always-On channels and other live-streamed content. Peacock Premium Plus removes almost all ads for an additional $5 a month or an additional $50 a year. You also gain access to a live stream of your local NBC affiliate station.

What happened to Peacock's free option?

While Peacock originally offered a free, ad-supported version of its paid subscription service for the first few years in business, it removed this option in the winter of 2023. Peacock’s executives claimed it was simply not a smart idea for them to continue offering the free version of the service, as it would keep them from truly competing with the top streamers in the business. (In other words, it was losing NBCUniversal too much money to be worth the cost anymore.)

Does Netflix have live channels?

Unlike rival streaming services such as Peacock or Discovery Plus, Netflix does not offer live streaming channels to its subscribers. The service has only recently begun experimenting with live streaming, such as with Chris Rock’s most recent stand-up special or the Love Is Blind season four reunion, but the rollout has been plagued with glitches and bugs.

Why did The Office leave Netflix?

The Office left Netflix for Peacock. Because Peacock is owned by NBCUniversal, the company behind The Office, it makes sense why the streamer wanted to take back the popular show and use it for their own gain. However, The Office continues to stream on Netflix internationally.

Who has the bigger library, Peacock or Netflix?

Peacock has around 1,000 films and 1,000 television shows for a grand total of around 2,000 titles in all. Netflix has around 4,000 films and 2,000 television shows for a grand total of around 6,000 titles in all. This makes Netflix’s library around three times larger than Peacock’s. (These numbers change on a month-to-month basis due to licensing issues, which is why we can’t confidently give more precise numbers than these.)

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