As the coronavirus (COVID-19) pandemic wears on, the economic effects of social distancing and industry-wide shutdowns of Hollywood productions across the world are being heavily felt. But everyone from companies, to celebrities, to top executives are pitching in to lessen the impact of the coronavirus crisis.
Former and current Disney CEOs Bob Iger and Bob Chapek helped set an example recently by foregoing all and part of their salaries, respectively, and top executives in other multimedia companies are following in their footsteps, with top Comcast, NBCUniversal, and Sky executives donating their salaries to help coronavirus relief efforts. Meanwhile, massive company that Disney is, the House of Mouse continues to stay in the headlines by donating masks and furloughing workers.
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After years of discussions about the possibility of shrinking the theatrical window, NBCUniversal is going to obliterate it altogether. According to a new report, the company is going to release at least some of Universal Pictures’ theatrical offerings on demand at the same time that they hit theaters. When a book is written about this period in history, this may be a crucial turning point in the way the entire industry operates.
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NBCUniversal revealed new information about its upcoming Peacock streaming service this afternoon, including details about pricing tiers, what kind of content will be featured, and how it plans to roll the service out. Read on to find out how this service compares with rivals like Disney+, Netflix, Hulu, Amazon, and more.
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With rival streaming services like Disney+, HBO Max, and Apple TV+ coming soon, NBCUniversal announced earlier this year that it would also be debuting its own ad-supported, direct-to-consumer subscription service in an effort to snatch a piece of the pie in the streaming era. Now the company has announced a launch window of April 2020, and once The Office wraps up its deal to stream Netflix through all of 2020, the NBC hit comedy will be the new service’s prized possession. Read More »
When The Walt Disney Company acquired 21st Century Fox, one of the acquisitions included the company’s 30% stake in Hulu. That gave the company a 60% stake in Hulu. Then Hulu bought AT&T’s 9.5% stake in the streaming service and allocated it proportionally to Disney and NBCUniversal, the two remaining stakeholders. That gave Disney 67% ownership of Hulu. But now Disney wants the whole pie to themselves, and they’re currently holding talks to grab NBCUniversal’s 33% stake in the company, which would give them complete ownership over the Netflix competitor. Read More »
Remember when Friends fans were panicking last year because it looks like the staple NBC sitcom would be removed from Netflix? The streaming service spent around $100 million to keep the exclusive licensing rights to stream the show through 2019. However, Netflix likely won’t be the exclusive streaming home to shows like Friends and The Office for much longer. That’s because the media companies behind them are starting their own streaming services, and Netflix might have to share the rights to some of their most popular shows. This could really shake up the streaming scene and end up being something either really bad for Netflix, or really unfortunate for new streaming services. Read More »
If you thought there were already too many streaming subscription services out there, you’re not going to like what NBCUniversal has planned for their library of TV shows and movies from NBC and Universal Pictures.
Joining the likes of the forthcoming Disney and Warner Bros. streaming subscription services, media conglomerate NBCUniversal is creating their own ad-supported direct-to-consumer streaming subscription service that would be full of shows from NBC and movies from Universal Pictures, as well as original content. That might not sound too enticing to some of you, but you might pay more attention when you hear that the NBCUniversal streaming service may take The Office away from Netflix after 2021. Read More »