Universal Films to Hit Peacock Streaming Service 45 Days after Theatrical Release

Hollywood has been trying to adapt the growing trend of streaming services. There are currently no definitive solutions for how films will transition from theaters to home viewing, but one company is attempting it with a twist-they’re offering their movies on top of another streaming service’s catalog 45 days after theatrical release! Join us as we explore this innovative strategy and what it could mean for Hollywood.

Universal Films is planning to release its films on the peacock streaming service 45 days after they are released in theaters. The move will allow for more people to watch these films, and it will also help filmmakers make more money.

Universal Films to Hit Peacock Streaming Service 45 Days after Theatrical Release

Universal-Films-to-Hit-Peacock-Streaming-Service-45-Days-afterImage courtesy of Universal Pictures

For lovers of Universal Pictures properties who would rather not attend to the cinema, the wait has become simpler.

Future films from the Universal Filmed Entertainment Group will be accessible on NBC’s Peacock streaming service as soon as 45 days following their theatrical debut, according to an announcement made by NBCUniversal on Thursday. The typical timeframe, which was roughly 120 days, has been significantly reduced.

NBCUniversal on a some of the key films that Peacock customers will be able to see only weeks after their theatrical release:

The 355, a hard-driving original approach to the globe-trotting espionage genre starring Jessica Chastain, Penélope Cruz, Bingbing Fan, Diane Kruger, and Lupita Nyong’o; Ticket To Paradise, starring George Clooney and Julia Roberts; The Black Phone from Blumhouse Productions starring Ethan Hawke; and Marry Me, starring Jenna Dewan.

 

 

“As we continue to invest in Peacock’s most valuable and sought-after content, films are an important part of that mix,” said Kelly Campbell, Peacock’s President. “We’re thrilled to be working with the team at Universal Filmed Entertainment Group, and we’re looking forward to bringing their incredible slate of blockbuster films and beloved franchises to Peacock as soon as 45 days after their theatrical release, as well as providing a steady stream of fresh, original films exclusively for Peacock customers throughout the year.”

“We continue to prioritize the theatrical experience and eventizing our world-class programming,” said Peter Levinsohn, UFEG’s Vice Chairman and Chief Distribution Officer. “We serve the demands and expectations of key stakeholders across the spectrum, from our filmmakers and producing partners to cinemagoers and Peacock subscribers, by ensuring our future slate has both a theatrical window and a timely Peacock premiere.”

On July 15, 2020, NBCUniversal debuted its Peacock streaming service. The service’s Premium (limited commercials) and Plus (ad-free) tiers are $4.99 and $9.99 per month, respectively, but there’s also a free tier that gives you access to over 40,000 hours of content and over 50 always-on channels.

NBCUniversal is the source of this information.

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