NBC may launch Netflixlike streaming service in 2019 says report

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first_img Digital Media Tech Industry Internet Services Post a comment NBC Universal CEO Steve Burke is also executive vice president of the Comcast division.  Alexander Tamargo/Telemundo/NBCU Photo Bank via Getty Images NBC Universal may launch its own on-demand video platform next year.CEO Steve Burke, who heads the Comcast division, unveiled in a holiday greeting to employees that a streaming service may come soon, according to Bloomberg’s report on Tuesday. The message was reportedly written in the rhyming style of Dr. Seuss.”While you all go off to relax, swim or ski,” Burke reportedly wrote. “Maybe, just maybe, next year we will announce our plan for OTT.”OTT means “over-the-top” services that stream videos online, like Netflix. NBC Universal didn’t immediately respond to a request for comment. Traditional cable TV giants are racing to compete with Netflix, which in October unveiled that the company had accumulated over 137.1 million subscribers worldwide. US subscribers nearly doubled what Netflix had predicted.Disney plans to launch its own streaming service, called Disney+, in 2019, which would become the new home for films from Walt Disney Studios, Pixar and other studios under its umbrella.AT&T is also brewing its own on-demand streaming service. The carrier’s WarnerMedia in November said the company planned to offer a three-tier video subscription service in the fourth quarter of next year. CNET’s Holiday Gift Guide: The place to find the best tech gifts for 2018.Best Netflix series: There’s no shortage of original Netflix series to binge. Tags NBC 0 Share your voicelast_img

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