The monthly cost for Peacock Premium will rise by $3 to $10.99, while Premium Plus will also increase by $3 to $16.99.
A new, cheaper tier called Peacock Select will be introduced at $7.99 per month, offering current NBC and Bravo shows but excluding sports.
The price hike precedes the arrival of live NBA games on the platform later this year, for which NBCUniversal secured a multi-billion dollar deal.
This price adjustment aligns with a broader trend of major streaming services, including Netflix, Disney Plus, and HBO Max, raising their subscription fees.