Comcast Gets Unshackled With NBC Deal Curbs Expiring Next Year
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When Hulu introduced a commercial-free option in 2015, NBC executives were frustrated. Despite owning a stake in Hulu, they could only watch even though they preferred that streaming-video provider stick with an advertising-supported model, according to two people close to NBC.
For the past six years, the media giant has been barred from having any say over Hulu, which is also owned by Walt Disney Co., 21st Century Fox Inc. and Time Warner Inc. It’s one of dozens of restrictions that Comcast Corp. accepted to win approval to buy NBC Universal, home of the NBC broadcast network, cable channels like USA and MSNBC, theme parks and a film studio.
Now, Comcast and NBC can start to contemplate a world without government constraints. The last restrictions expire in September 2018. NBC is planning an online video service with shows from its own TV networks in the next 12 to 18 months, Bloomberg reported earlier this week, citing people familiar with the matter. That sort of thing has been difficult for the media company to do up to now.
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