Consolidation of entertainment

2021-04-01

Consolidation of entertainment continues

Universal considers pulling films from Netflix and HBO Max to favor Peacock - report

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Ola5528
2021-04-01
Ola5528
They have to in order to survive the era of OTT streaming. But no one would want to hold so many diff subscriptions, eventually there should be an aggregator model coming through..

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Netflix has a similar deal for animation from NBCU's<i>Despicable Me</i>maker Illumination.</p>\n<p>But both those deals expire at the end of the year.</p>\n<p>Going its own way would put Universal on the same path as Disney(NYSE:DIS)- which committed to generating original content for its Disney Plus streaming service, and declined to renew its own Netflix deal years ago, giving up heavy revenues in the process. 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Netflix has a similar deal for animation from NBCU'sDespicable Memaker Illumination.\nBut both those deals expire at the end of the year.\nGoing its own way would put Universal on the same path as Disney(NYSE:DIS)- which committed to generating original content for its Disney Plus streaming service, and declined to renew its own Netflix deal years ago, giving up heavy revenues in the process. 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