To combat financial losses from movie theaters shutting down due to the pandemic, NBCUniversal is making brand new movies available to download.
NBCUniversal’s Streaming Service Peacock will arrive nationally on July 15 and will offer three different pricing tiers.
NBCUniversal will launch its streaming service in April 2020 and it will be the exclusive home for content like The Office.
The Verge writes:
[It’s a] move that will now give Disney (which already had gained a controlling interest in Hulu through its Fox purchase) even more control going forward….
Disney gaining even more control over Hulu could also mean a radical shift in what Hulu even is.
Now, Disney owns 66 percent of Hulu. The remaining stakeholder is Comcast which, as a result, now owns 33 percent. Comcast owns NBCUniversal, and it might only be a matter of time before Comcast pulls its Hulu content back to its own streaming service. Soon, it appears, each and every studio will have its very own exclusive subscription service.