NBC Universal, Verizon Ink 'TV Everywhere' Deal27 Nov, 2012 By: Erik Gruenwedel
NBC Universal and Verizon Communications have signed a carriage agreement that allows the latter’s FiOS TV fiber-optic television service to deliver the network’s programming over the Internet (“TV Everywhere”), beginning in 2013.
The over-the-top video rights for NBC Universal are part of a broader agreement, which also includes cable networks USA, Bravo Media, cloo, Chiller, CNBC, E!, G4, MSNBC, mun2, NBC Sports Network, Oxygen Media, Style Media, Syfy, Telemundo Media and Golf Channel, as well as retransmission consent for local NBC and Telemundo-owned stations.
Spearheaded by Time Warner and Comcast, “TV Everywhere” is designed to allow media companies and premium TV channels to deliver catalog content to authenticated viewers on connected devices at no additional charge.
It is also seen by cable, satellite TV and telecommunication operators as an antidote to subscription video-on-demand services such as Netflix, Hulu Plus and Amazon Prime Instant Video, which increasingly offer streaming access to catalog TV programs and movies for about $8 a month.
The deal underscores NBC Universal parent Comcast’s willingness to license online rights to third parties, as stipulated by the FCC during its $30 billion majority acquisition of NBC Universal from GE.
Comcast, which operates its own online Xfinity TV and Streampix SVOD platforms, recently licensed similar rights in a separate carriage agreement with Cablevision.
“This comprehensive agreement benefits our viewers and Verizon's FiOS TV customers by making programming available across NBC Universal's vast content portfolio wherever the viewer goes on any device,” Matt Bond, executive VP of content distribution with NBC Universal, said in a statement. “Verizon clearly understands and appreciates the value our stations, cable and Olympics content delivers to their subscribers. We look forward to continuing our long standing and mutually beneficial partnership, and working closely together to develop new and innovative ways to engage subscribers.”