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Peacock Is Offering a Year of Streaming for $20

Get a discount on the annual, ad-supported plan.

Meara Isenberg Writer
Meara covers streaming service news for CNET. She graduated from the University of Texas at Austin with a degree in journalism. When she's not writing, she likes to dote over her cat, sip black coffee and try out new horror movies.
Meara Isenberg
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James Martin/CNET

We already knew Peacock's summer would involve price increases and the 2024 Paris Olympics, but now an eye-catching deal is in the mix too.

NBCUniversal's streaming service is discounting its annual Peacock Premium plan, which usually costs $60 a year and will begin to cost $80 when price hikes arrive in July. You won't be able to snag the deal if you're a current Peacock subscriber, according to the terms, but if eligible, you can get the yearly plan for just $20. The code to use while signing up for Peacock Premium is STREAMTHEDEAL.

Read more: The 8 Best Peacock Shows You Should Be Watching

The code is valid from May 29 to June 30. Peacock won't renew at the $20 rate again, so make sure to cancel before a year is up if you don't want to pay the typical price for another 12 months.

Peacock's Premium plan is ad-supported and gives you access to the Peacock library but doesn't include downloads or your live local NBC station. For live NBC feeds and reduced ads, you'll need to opt for Premium Plus. If you don't want to commit to a year of Peacock, even for $20, Premium costs $6 per month and will soon cost $8. Read our review of the streaming service here.