NBC Planning To Launch A Free (Ad-Supported) Media Streaming Service in 2020
Published on January 15, 2019
- NBC is planning to launch a new streaming service next year that will include a free ad-supported channel.
- The company has already pulled back some of its shows and movies from Netflix to maintain exclusivity.
- Standalone subscription plans will cost around $12 per month for over 1,500 hours of content.
NBC is planning to launch its own streaming service during Q1 2020, that will see the company compete against the likes of Amazon, Disney, and Netflix. Even though Netflix has been dominating the streaming scene for years, with competitors like Disney coming into the fray, we could see the competition open up.
NBC is set to offer 'free' content to anyone who opts for this service in a bid to attract new customers. Original content, live TV, pay-per-view shows and more will be available on the new channel via subscriptions from existing cable companies. The new streaming service is set to break people free from live TV which forces users to pay for all the content even if they want to watch a few shows only. The granular subscription plans that have been planned for NBC’s upcoming service have the potential to attract a large number of users.
It is expected that NBC TV’s new channel will offer over 1,500 hours of content for users who already subscribe to a pay-TV package. If you do not want the entire package (cable + media streaming), you can access the NBC's content alone for around $12 per month. The details of all partners who will be part of the offering have not been confirmed yet, but market experts are expecting NBC’s parent company Comcast to pull some strings and get the biggest companies on board to compete against Netflix’s dominance.
It is expected that the service will launch ahead of the 2020 Summer Olympics. NBC has already managed to nab some shows from Netflix that were licensed to the streaming giant. However, NBC has confirmed that it will not be targeting other shows and movies that have been already licensed to other streaming services.
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