I would definitely cancel Paramount Plus and Peacock this month — here's why

Peacock and Paramount Plus logos side by side
(Image credit: Shutterstock)

As fall TV season gets into swing, you'll want to make sure to have access to your favorite shows on the best streaming services. The best way to stretch your streaming entertainment budget is to cut a couple of those services that don't have as much to offer, just for a month or so.

Americans now pay an average of $46 a month for streaming services, according to Forbes — or a hefty $552 a year. But you can save money on streaming by getting rid of a service or two for a short time. You can just re-subscribe later when they've got a hot new show or movie. 

For September 2024, I would cancel Paramount Plus and Peacock. The latter is our pick for the best budget streamer, but with the Olympics over, the Peacock lineup is looking lackluster. Similarly, the schedule for Paramount Plus is pretty thin. Here's why I think you should consider canceling Paramount Plus and Peacock this month.

Few must-see originals are coming to Peacock and Paramount Plus

While streaming services rely heavily on library content, originals are what draw in new users and retain them. But Paramount Plus and Peacock have few tempting originals this month.

On Paramount Plus, only two major original titles stand out. Sylvester Stallone returns in "Tulsa King" season 2 on Sept. 15. Part of the Taylor Sheridan universe, the show follows mafia capo Dwight “The General” Manfredi, who emerges from prison after 25 years only to get exiled to Oklahoma. In the second season, Dwight and his crew continue growing their empire in Tulsa, but the looming threats come at them from the Kansas City mob and a powerful local businessman.

Tulsa King | Season 2 Official Trailer | Paramount+ - YouTube Tulsa King | Season 2 Official Trailer | Paramount+ - YouTube
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"Tulsa King" hasn't gotten much buzz or viewership, unlike Sheridan's big hit, "Yellowstone," or even its spinoffs. Plus, season 2 will air weekly, so you can wait a month or two to binge all of the episodes. 

The other high-profile original Paramount Plus show of note is "Frasier" season 2. The reboot returns Sept. 19 with new episodes that will see Dr. Frasier Crane (Kelsey Grammer) return to his radio roots at KACL in a Seattle-themed episode. The show is welcoming several big guest stars, including Peri Gilpin, Patricia Heaton and Amy Sedaris.

Frasier | Season 2 Official Trailer | Paramount+ - YouTube Frasier | Season 2 Official Trailer | Paramount+ - YouTube
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But like "Tulsa King," "Frasier" is airing weekly. If you wait to binge it all, you won't have to pay for a Paramount Plus subscription this month.

As for Peacock, they've only got one significant original, the miniseries "Fight Night: The Million Dollar Heist," premiering on Sept. 5. I have to admit, it looks fantastic. The star-studded mostly Black cast includes Kevin Hart, Samuel L. Jackson, Taraji P. Henson, Don Cheadle and Terrence Howard. 

Set in 1970, on the night of  Muhammad Ali's historic comeback fight, the infamous true story centers on an armed robbery at a glitzy afterparty attended by wealthy guests. A hustler named Chicken Man (Hart) is suspected as the mastermind, but he's determined to clear his name — if he can convince his old adversary, J.D. Hudson (Cheadle), one of the first Black detectives in the city's desegregated police force.

Fight Night: The Million Dollar Heist | Official Trailer | Peacock Original - YouTube Fight Night: The Million Dollar Heist | Official Trailer | Peacock Original - YouTube
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I'll definitely watch this miniseries, but since it's airing weekly, I can practice a little patience and wait until the finale has dropped on Oct. 10. That way, I'll save a little on a Peacock subscription in September.

NBC and CBS shows are back — but there's a free way to watch

Host Jeff Probst on Survivor season 43

(Image credit: Robert Voets/CBS)

One of the best things about subscribing to Peacock (Premium Plus) and Paramount Plus (with Showtime) is access to live feeds of NBC and CBS, respectively, as well as next-day episodes on demand. 

Both NBC and CBS are bringing back some of their shows later in September. NBC will have new seasons of the Chicago franchise and "The Voice," while CBS has "Survivor" season 47 and the new series "Matlock"

But you can watch CBS and NBC for free the old-fashioned way — with a TV antenna. Mine is hooked up to a Sling AirTV Anywhere device so I can record shows to watch later. But if you don't have this setup, some smart TVs have a built-in antenna or you can get an antenna to hook up to your smart TV.

You can also watch NBC shows without paying a dime by signing up for a free trial from Sling or Fubo. And with those live TV streaming services, you can watch the episode as it airs or record it to a cloud DVR.

How much you'll save by canceling Peacock and Paramount Plus

How much you can save by canceling Peacock and Paramount Plus depends on which tiers you currently have. 

The ad-supported Peacock Premium is $8 per month, while ad-free Premium Plus (with the live NBC feed) is $14. Paramount Plus Essential is also $8 per month, and the Showtime tier (with the live CBS feed and Showtime content) is $13. 

If you have the basic levels of both, you'll save $16. If you have the ad-free tiers, you'll save $27. That may not sound like a lot but churning various services throughout the year can save you over $100. Spend it holiday shopping or on a treat for yourself.

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Kelly Woo
Streaming Editor

Kelly is the streaming channel editor for Tom’s Guide, so basically, she watches TV for a living. Previously, she was a freelance entertainment writer for Yahoo, Vulture, TV Guide and other outlets. When she’s not watching TV and movies for work, she’s watching them for fun, seeing live music, writing songs, knitting and gardening.

  • mber
    With season 5 of Lower Decks coming soon and the end of the Indycar season, I won't be dropping either.
    Reply
  • NOYB337
    Yeah I'm canceling anything. I'm paying yearly. I'm not canceling. Just so I end up paying a higher rate when I decide I want one or both back.

    Until my annual rates are increased what I consider unreasonable amount its cheaper to keep them.

    Besides given my work schedule its easier to watch the CBS and NBC shows. On their streaming services. Without the damn commercials.

    So thanks but I won't be dropping either service anytime in the near future.
    Reply
  • PeterWhitney
    I am still watching all seven seasons of Homicide that dropped on Peacock last week. So much better than any Peacock original shows. And worth keeping In Sept for
    Reply
  • gmk2311
    Now do AMC+ or whatever it's called.
    I thought Hulu used to be the home of next day OTA episode streaming . Has that changed?
    Reply
  • teemotox
    Sorry, I can stream CBS without needing to get fubo so why would I cancel Paramount Plus? So much cheaper.
    Reply
  • GingeryGinger
    Peacock had a special of $20/yr, and Walmart+ was only $49 for the year during a sale and it includes Paramount+ for free—though I pay $6/mo for no ads. Point is, if you get the deals like these then you don’t have to constantly cancel and renew, you can get it all, all the time, for way less.
    Reply
  • EJB007
    Man im re-watching the Office on Peacock and im watching the new season of Bel Air, and on Paramount,the new season of Seal Team and im watching CSI New York ..all 9 seasons..man its plenty to watch on Peacock and Paramount ...im not canceling lol
    Reply