NBCUniversal's new streaming service won't break the bank
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Comcast on Wednesday gave investors a bit more insight into the particulars of its upcoming NBCUniversal streaming service, with which it hopes to monetize a good deal of the entertainment unit’s vast library of content.
Speaking to analysts during the cable giant’s fourth-quarter earnings call, Comcast Chairman and CEO Brian Roberts said that there is “robust demand” for NBCU’s content, which provides a “great opportunity to create our own streaming service.” Roberts went on to say that the yet-unnamed over-the-top offering will be stocked with episodes of extant NBCU shows, as well as older library content.
An undetermined amount of original fare will be developed exclusively for the free service, which Roberts said will carry a “light advertising load.”
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