Foxtel Sign NBCUniversal Deal – Discovery, Viacom and Turner Next
Foxtel has reportedly signed a massive content deal for access to US studio NBCUniversal’s back catalogue of movie and TV series as the News Corp-controlled pay television platform looks to beef up their upcoming streaming service codenamed, Project Ares.
As reported in the Australian Financial Review, the foreshadowed deal will include shows such as The Office (US), 30 Rock and Parks & Recreation, as well as channels like E! Entertainment, 13th Street, SyFy and Universal TV.
Foxtel chief commercial officer Amanda Laing said the deal would extend the partnership with NBCUniversal ‘with this new cornerstone agreement’ that highlights the company’s ‘commitment to building strong partnerships with the best content creators in the world’.
NBCU Australia and New Zealand managing director of distribution and networks Chris Taylor said they are looking forward to the on-going collaboration with Foxtel as they continue the successful and longstanding partnership.
The deal has been highlighted as critical to the success of Foxtel’s new drama and entertainment streaming service due for launch around March or April next year.
It follows a recent long-term agreement with BBC for drama and documentary series like The Night Manager and Planet Earth.
Foxtel will look to lock down deals with Discovery, Viacom and Turner, as sources say in order to get Project Ares over the line, Foxtel needed the programming deal locked in before it could move forward on the new streaming service.
With Apple TV+ launching over the weekend, and Disney+ still to arrive, the streaming market is about to get as crowded as an elevator after work.