Foxtel Signs NBCUniversal Content Deal, Stan Shifts Strategy

U.S. studio giant NBCUniversal will provide the majority of its shows and movies to pay-TV and streaming company Foxtel, and current streaming partner Stan has announced that it will acquire content from Hollywood for its subscribers. I am considering the method of

Foxtel is on the verge of signing a long-term deal for the majority of NBCU’s programming, including content from Sky Studios, online streaming service Peacock and its partners, according to multiple media sources who spoke on condition of anonymity because the negotiations are private. Because it includes a back catalog of shows like parks and recreation When Brooklyn 99The deal is being finalized and could be completed within a week, sources said.

According to other media sources, Seven West Media plans to acquire free broadcast rights for some content, including the reality TV content that typically runs on Hayu. Foxtel, Seven and NBCUniversal declined to comment.

The incumbent Stan, who has a contract expiring this year, was involved in negotiations to secure the show for subscribers, but sources said the service and its parent company, Nine Entertainment, were in a tight spot on pricing and NBCUniversal. I walked away a few weeks ago out of concern about the terms that would give to. He has the power to terminate and start his own service, his Peacock, at any time. Nine, the owner of this masthead, declined to comment.

Stan’s loss of content could hurt that content slate, depending on existing NBCUniversal content and exclusive terms in upcoming agreements. Sources close to Stan say the company is already focusing on alternative models and believes it will give it more control over its content.

Nine boss Mike Sneesby and other key executives traveled to Los Angeles to discuss Hollywood studios and individual shows that may be commissioned and distributed in the US and UK, according to sources who spoke on condition of anonymity. did. A focus on content ownership is part of a gradual change for Stan. Stan initially relied on major output contracts to support the business and drive subscriptions.

In 2020, NBCUniversal signed a deal that includes original work by Stan and Peacock. gang of london, i hate suzie When Brave New World (expired this year).But at the same time, Stan announced plans to go on board About Pushing Core Local Content Among the concerns was the over-reliance on Hollywood studios, with Sneesby publicly stating that most of Stan’s best-performing shows were originals commissioned by the company.

Under the proposed new deal with NBCUniversal, Foxtel will have access to NBCUniversal-branded shows and movies such as Peacock, Sky Studios and Bravo. Seven also has access to Buck’s catalog, and some sources say he’ll have access to Hayu’s shows on NBCUniversal’s reality streaming his platform.