US film studio giant NBCUniversal will give the majority of its pay-per-view films to Foxtel TV and streaming as an existing streaming partner Stan is looking for alternative ways to get Hollywood content for subscribers.
Multiple media sources, speaking anonymously because the conversations are confidential, said Foxtel is about to secure a long-term deal for the majority of NBCU’s programming, including content from Sky Studios, online streaming service Peacock and a back catalog of shows like As Gardens and recreation And the Brooklyn 99. The sources said the deal is in the process of being finalized and could be completed within a week.
Gangs of London is one of several programs on NBCUniversal’s list.attributed to him:stan
Other media sources said Seven West Media is expected to get the free broadcast rights to some slate of content, including reality TV content normally played on Hayu. Foxtel, Seven and NBCUniversal declined to comment.
Stan, who has a contract expiring this year, has been involved in talks to secure programming for its subscribers, but sources said the service and parent company Nine Entertainment Co pulled out several weeks ago due to concerns about pricing and terms that give NBCUniversal the power to terminate and launch its own service, Peacock, at any time. Nine, the owner of this masthead, declined to comment.
The loss of content by Stan could be a blow to his content slate depending on the agreements you have for current NBCUniversal content and the exclusive terms of the next deal. Sources close to Stan said the company is already shifting its focus to alternative models, which it believes will give it control over content.
Sources, who spoke anonymously because the discussions are commercially confidential, said nine president Mike Snesby and other executives had traveled to Los Angeles to speak with Hollywood studios about solo shows that could then be commissioned and distributed in the US and UK. This focus on content ownership is part of a gradual shift for the Stan Foundation, which in its early days relied on major production deals to support its business and drive subscriptions.
Nine President Mike Sneeseby and NBCU Australia President Chris Taylor in 2020 when they signed a production deal for Peacock Originals.attributed to him:Kate Geraghty
In 2020, NBCUniversal entered into a deal with Stan to acquire Peacock’s original assets, which include London gangsAnd the I hate Suzy And the Brave New WorldIt expires this year). But at the same time, Stan announced plans to embark on a major domestic content push amid concerns that he is too dependent on Hollywood studios. Sneesby has publicly stated that most of Stan’s best-performing shows are original commissioned shows by the company.
Under the proposed new agreement with NBCUniversal, Foxtel will get access to programs and movies from NBCUniversal brands such as Peacock, Sky Studios and Bravo. Seven will also have access to the back catalog and some sources said they will be able to access programming from NBCUniversal’s reality streaming platform, Hayu.
Originally published at Melbourne News Vine
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