A new NBCUniversal streaming service is on the way.
Here are a few things to know about the upcoming NBCUniversal streaming service.
- The Comcast (NASDAQ:CMCSA) company says that it will be launching the new streaming service in early 2020.
- It also notes that the service will be free for NBCUniversal’s 90 million “pay TV subscribers in the U.S. and major international markets.”
- Instead of subscription fees, the NBCUniversal streaming service will be supported by advertisements.
- Comcast Cable and Sky will also be providing the service to their 52 million subscribers.
- There will also be a version without ads available that does include a subscription fee.
- Anyone wanting to access the service without being a paying subscriber to NBCUniversal can also do so by paying a subscription fee.
- The service will include content from NBCUniversal, as well as from other distributors.
- There will also be original content just for the NBCUniversal streaming service.
- NBCUniversal also notes that it will still continue to license some content out to other services.
- Bonnie Hammer is leading the streaming effort as the new Chairman of Direct-to-Consumer and Digital Enterprises for NBCUniversal.
- Hammer will be building a group to help with content management and creation for the streaming service.
- This includes executives from executives from Sky’s OTT offering, NOW TV, and NBCUniversal.
- NBCUniversal’s Digital Enterprises group will also be joining the new consolidated digital group that Hammer is leading.
You can follow this link to learn more about the upcoming NBCUniversal streaming service.
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As of this writing, William White did not hold a position in any of the aforementioned securities.