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NBCU streaming details: Ad-supported service coming early '20

Jan. 14, 2019 2:33 PM ETSky Plc ADR (SKYAY) StockDIS, CMCSA, T, SKYAY, FOXA, FOXBy: Jason Aycock, SA News Editor25 Comments
  • In its own release about plans for a streaming service, NBCUniversal (CMCSA +0.3%) says it plans an ad-supported service for launch in "early 2020."
  • The service will be available at no cost to NBCU pay TV subscribers in the U.S. and major international markets, the company says. But others will be able to subscribe at a cost.
  • Comcast Cable and Sky (OTCPK:SKYAY) will provide the service to their 52M subscribers, NBCU says. And similar to Hulu's multiple tiers, an ad-free version will be available for a fee.
  • As for NBCU properties on other streamers: "Consistent with the company’s long-standing strategy to distribute its content broadly, NBCUniversal will continue to license content to other studios and platforms, while retaining rights to certain titles for its new service."
  • The move presages what could be Disney buying Comcast/NBCU out of Hulu, after Disney (DIS -0.3%) takes 60% control of that service by way of its deal for Fox (FOX, FOXA) media assets. Buying out Comcast would give Disney 90% of Hulu, with WarnerMedia (T -0.7%) holding the other 10%.

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