NBCUniversal plays down the competitive risk to Foxtel from new SVOD service Hayu

Fellowes: Hayu and Foxtel will be ‘complementary’.
Senior executives at NBCUniversal have played down the competitive risk to pay-TV operator Foxtel from the US production giant’s new move to launch a reality TV-focused streaming service, Hayu.
Speaking on the sidelines of a media briefing on Friday, NBCUniversal APAC managing director Christine Fellowes acknowledged there would be an overlap in the content, but claimed its offering would “complementary”.
“Foxtel are a very important relationship for us in this market,” Fellowes told Mumbrella. “We have five of our channels on their service, we licence content for a number of our channels and that remains core to our business.”