Hulu Licensing Agreement
September 23, 2021
Thank you for taking the time to read these terms. By understanding and agreeing to abide by these terms, the experience will be better for all users. Our goal is to provide you with a first-class user experience, if you have any questions or comments about these terms, please contact us at: email@example.com. Enjoy the services! Comcast has agreed to extend the Hulu license for NBCU content and the contract to transport Hulus` live TV service for NBCU channels until the end of 2024 and to distribute Hulu on its Xfinity X1 platform. Comcast plans to integrate Hulu`s SVOD service into X1 and Flex by late 2019 or early 2020, available to customers with a Hulu subscription. This is the kind of deal that makes sense for both sides of the equation: Disney is now taking full control of Hulu instead of having to negotiate details with Comcast or having to set them aside with its existing majority stake (which risks losing goodwill for the licensing deals Disney wants to keep for all those NBC shows and universal movies). and the option to impose the sale of the remaining 33% of Comcast in 2024. Securing license agreements is one of the biggest expenses for Netflix. At the end of 2019, Netflix had $US 24.5 billion in content assets on its balance sheet, up from $US 20.1 billion last year. NBCU may not, however, close most licensing agreements until 2022, the companies said.
NBCU`s streaming service, which will bow next year, will be “new originals and a gigantic library of old favorites. The shows that spectators stream the most come home,” Linda Yaccarino, NBCU`s president for advertising and customer partnerships, said at the programmer`s preliminary meeting on Monday. It will be free for cable and satellite TV users and will be available to non-paying users for a subscription. Arbitration is administered by JAMS Mediation, Arbitration, and ADR Services (“JAMS”) in accordance with the JAMS Continuous Arbitration Rules and Procedures. . . .