This is the age of the streaming video service. New services appear every month and the content licensing wars reach deafening levels. And now, Comcast is considering whether pull his movie library from HBO Max and Netflix and use it to bolster its own streaming service, Peacock.
Currently, Comcast is getting paid a hefty sum by the two streaming platform giants for the rights to its great catalog, including the popular Fast & Furious and Jurassic Park franchises, but also animated films such as Despicable Me HBO Max holds the rights to new Universal Pictures films nine months after leaving theaters, and Netflix has a similar deal for films from animation studio Illumination Entertainment. The dilemma: These deals expire at the end of the year, and Comcast is discussing whether to renew the deals or move the content to its own service.
Moving the content to its own streaming service isn̵
The big question now is whether moving the content to Peacock (and making it the new platform for watching movies just out of theaters) is better foothold in the streaming wars against Disney +, HBO Max, Netflix, Hulu and Prime Video, or whether it will be more lucrative for Comcast to keep things exactly as they already are.
Peacock is already home to beloved titles such as The Office, 30 Rock, Saturday Night Live, Downton Abbey, and Friday night lightsalong with a mix of sports and original content. With Universal Studios’ movie catalog alongside those popular titles, the service is sure to have even more success. Regardless, it will still have to compete with the Disney + blockbuster upcoming series and movies properties like Marvel and Star Wars, and with the full list of new upcoming movies and original shows from Netflix.