One week after Comcast officially threw its hat in the OTT ring, company execs shared more details about the upcoming streaming service during Wednesday morning’s earnings call. (Adweek)
Comcast’s chairman and CEO Brian Roberts said Wednesday, “This service will be distinct and compelling, offering current and prior seasons, library and some original content with a light advertising load all for free to pay-TV customers.” (THR)
Comcast executives said they expect to launch the service in the first half of 2020. The service is expected to include current and past seasons of shows seen on NBCU networks as well as some original content, executives said. (Variety)
In its earnings report, Comcast said its NBCUniversal media unit and high-speed internet business fueled growth in the fourth quarter. (WSJ)
NBCUniversal’s revenues increased 7.1 percent to $9.4 billion in the quarter and 8.9 percent to $35.8 billion for the year. Higher distribution and content licensing helped boost cable networks revenue over the quarter by 8.9 percent to $2.9 billion with 10.3 percent growth in distribution revenue and steady advertising numbers. (Deadline)