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Jim Cramer: Saturday Night Live Is 'Big Edge' for Peacock

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Peacock, which is Comcast's NBCUniversal's streaming service, is set to launch this week.

Peacock, NBCUniversal’s streaming service is the first major streaming launch in years aimed at blending advertising and subscription revenue

Peacock comes in three versions: A free, ad-supported tier with limited content; Peacock Premium, which has a broader range of content and some ads and, as noted, will be free for Comcast subscribers and cost $4.99 a month for non-subscribers; and an ad-free Peacock Premium for an additional $5 per month. 

Peacock Premium includes more than 15,000 hours of series and movies, such as 30 Rock, Parks and Recreation, Two and a Half Men, Yellowstone, the Law & Order brands, and movies like Jurassic Park and Shrek, in addition to a range of news programming and (eventually) professional sports. The Office also joins the service next year. 

In an increasingly crowded streaming market--NBC will compete with Netflix, Disney and Amazon, among others--Peacock aims to stand out, in part, by offering a semi-linear viewing experience that mirrors the way people watch traditional television. 

Jim Cramer said that he's more focused on sports, but that his wife, Lisa, will love the opportunity to watch Saturday Night Live. 

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.

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