6/2/2023 0 Comments Universal moviesPeter Levinsohn, vice chairman and chief distribution officer at UFEG, had this to say. This latest deal is further evidence of that. Now, Hollywood has truly shifted to a streaming-focused future. But exclusive theatrical windows shrunk dramatically as a result of the pandemic. Then there would be a physical media release and digital rentals allowed, followed by a streaming release. It used to be, before 2020 upended the movie business, that studios would have an exclusive theatrical run of nearly three months. Universal Filmed Entertainment Group has been a fantastic partner and we are excited to not only bring their amazing slate of blockbuster films and beloved franchises to Peacock in the first-pay window, but also provide a steady stream of fresh, original films exclusively for Peacock customers throughout the year." "Since launching Peacock just one year ago, we have seen incredible viewership of movies and continue to expand our catalog with a range of films for every fan and occasion. Matt Strauss, chairman of Direct-to-Consumer and International at NBCUniversal, had this to say in a statement. Those middle ten months will see the movie licensed elsewhere, be it through cable networks or other streaming partners. It will be followed by the last four months in a traditional 18-month pay-one period. Each movie will then stream on Peacock for an exclusive four-month period. This is typically 120 days after a movie's initial theatrical release. In this case, Universal movies will now go to Peacock under the pay-one partner TV window. Movie rights tend to go through a long, complicated series of different pay windows. That paved the way for the Peacock streaming deal. Universal Filmed Entertainment Group (UFEG) has a deal with HBO that expires at the end of this year. That means those who wish to stream movies like Jurassic World: Dominion or Minions: The Rise of Gru at the earliest time will need to be subscribed to Peacock. Under the deal, newly-released movies, beginning in 2022, will stream exclusively on the service no later than four months after they are initially made available in theaters. Universal has announced a new deal with Peacock, the streaming service launched by NBCUniversal last year. The streaming world has just been handed another major shake-up.
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