12/14/2023 0 Comments Parks and rec streaming huluPlus, the continued benefits of its vertically integrated model that enable the company to control production and distribution doesn’t hurt. Why? Because the Mouse House is betting on the platform’s attractive long-term growth. Hulu loses upwards of $1 billion per year and yet Disney aggressively sought to assume full control of the streaming service and has even begun implementing a hierarchical shakeup. As of this writing, Netflix claims around 60 million domestic subscribers, while Hulu announced it had surpassed 28 million in May. In early 2018, it was estimated that Amazon Prime Video boasted 26 million users. NBCU is expected to reclaim the exclusive streaming rights to Parks & Rec once its current deal expires. Moving forward, the streamer continues to shift its focus from niche successes to broad appeal home run swings. But after HBO’s exclusive streaming pact with Amazon gave way to a less desirable option for subscribers last year, Parks & Rec has become one of its most valuable back catalogs.Īmazon has a massive total library of movies and TV shows that holds its own against Netflix and Hulu, while its slate of originals is steadily improving. It’s worth noting that NBCU’s Parks & Recreation currently streams on Amazon (AMZN), Netflix and Hulu. However, in that case, every Disney movie released between January 2016 and December 2018 that wound up on Netflix will return to the market-leading streamer around 2026, Bloomberg reported. This comes after Disney (DIS) CEO Bob Iger announced in late 2017 that the company would be removing its content from Netflix in advance of Disney+. In 2021, The Office will jump ship to NBCUniversal’s forthcoming direct-to-consumer platform after the studio reached a five-year $500 million agreement with Universal Television. The value is obvious.Īfter striking a $90 million deal with WarnerMedia to keep Friends on Netflix through 2019, the hit series will be relocating to HBO Max next year on a five-year, $425 million deal with Warner Bros. In that same time frame, Stranger Things took in 27.6 billion minutes. The Office drew 45.8 billion minutes-watched in a 12-month span that ended last July, per the data, while Friends earned 31.8 billion. Topping that list are classic sitcoms Friends and The Office. The series, which aired on NBC for seven seasons, co-starred Rashida Jones, Paul Schneider, Aziz Ansari, Nick Offerman, Aubrey Plaza, Chris Pratt, Adam Scott, Rob Lowe, Jim O’Heir, Retta and Billy Eichner.SEE ALSO: Cord-Cutting Is Approaching a Historic Milestone Netflix- The Office, FriendsĪccording to recent Nielsen data-which Netflix refutes-72% of the platform’s watched minutes are devoted to reruns, while eight of the top-10 most-watched shows are non-originals. Parks & Recreation starred Poehler as Leslie Knope, the deputy director of the Parks and Recreation Department in the fictional town of Pawnee, Indiana. The license fee for Parks & Recreation is likely nowhere near those sky-high marks but is believed to be significant, in the 9-figure range. The Office has been so popular on Netflix, NBCU paid $500+ million to move it to Peacock in January 2021. (He co-created Parks & Rec with Mike Schur.)īoth The Office and Parks & Recreation have been strong draws on streaming. While NBCU has lined up a slew of library series titles for the new streaming service, only The Office and Parks & Recreation will be exclusive to Peacock for streaming, underlining the value of the comedies, both from Greg Daniels. Parks & Recreation is currently streaming on Hulu, Netflix and Amazon. That is when the show’s current SVOD pacts expire and that is when Peacock will take in a number of NBCU series, currently on Hulu, whose deals will be up. NBCU has acquired exclusive streaming rights to the comedy starring Amy Poehler, which will join the service in October 2020. Now the two praised series will be reunited on Peacock, NBCUniversal’s upcoming streaming platform. For years, The Office and Parks & Recreation aired back-to-back in NBC’s Thursday comedy block.
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