The home of "Love Island," Premier League soccer, and many popular movies is about to get more expensive. Peacock is raising its monthly rates by $3 starting on Wednesday, July 23, Vulture reported. It's the biggest price hike since the NBC streaming platform launched in 2020.

As part of the deal, NBCUniversal and Peacock will pay $1.5 million to L.A. County's Department of Consumer and Business Affairs; $100,000 to cover the investigation costs and $2 million in civil penalties.

While consumers obviously won’t be happy about Peacock’s new price — especially since it comes on top of another $2 increase rolled out a year ago this month — the move is not entirely unexpected. For one thing,

Comcast is ending Peacock‘s free ride on Xfinity in the next few months.. Since the streaming service launched in 2020, the cable giant has provided access to the ad-supported version of Peacock ...