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NBCUniversal, Foxtel streaming deal ‘within weeks’: reports

NBCUniversal and Foxtel are “expected to finalise a long-term content deal within weeks”, according to industry sources, the Sydney Morning Herald reported this morning. 

All of Sky Studios, Bravo and Peacock streaming services reportedly will be available on Foxtel as part of NBCUniversal’s deal.

“We look at all content that comes up from time-to-time, and decide what suits us more. I don’t think there’s any benefit for us in negotiating any of these contracts in the press,” Foxtel chief executive Patrick Delany told the Australian Financial Review in August.

Foxtel is believed to be on the verge of securing the long-term deal for NBCU’s content, with several sources saying it could be finalised within the week.

NBCUniversal content may also be licensed for free-to-air by Seven West Media. 

Seven West Media, sources has said, would likely take over some of Hayu’s free-to-air content slate, including reality TV. There was no comment from Foxtel, Seven, or NBCUniversal on this arrangement.

In the past few weeks, Stan and its parent company Nine Entertainment Co had been in talks about securing programming for their subscribers. However, it was later thought to be out of talks due to concerns over price and clauses that allow NBCUniversal to terminate and launch its own service, Peacock, at any time.

The incumbent streaming partner, Stan is increasingly focused on original content and will now reportedly look elsewhere to source its overseas content, as its existing deal is due to expire this year.

Foxtel and Seven West Media made offers for some NBCU content in May, according to The Sydney Morning Herald.

Mumbrella contacted Seven, Nine (Stan) and Foxtel for comment, but all declined.

When NBCUniversal struck a content agreement with Foxtel back in 2019, Foxtel’s chief commercial officer Amanda Laing at the time said: “Foxtel and NBCU have a long and shared history of bringing iconic and ground-breaking entertainment to Australian audiences. We are incredibly pleased to extend that partnership with this new cornerstone agreement covering movies, scripted content and NBCU channels in a new agreement that reflects Foxtel’s commitment to building strong partnerships with the best content creators in the world.”

On a recent Mumbrellacast, the team discussed – what was believed to be at the time – a much-touted match-up between Seven and NBC Universal.

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