NBCUniversal to Pull 'The Office' From Netflix After 2020 | THR News - video Dailymotion

Hollywood Journal

NBCUniversal — the parent company of producers Universal TV — won an auction for the library after outbidding Netflix in a $100 million-per-year pact.

Transcript

00:00Oh my God! Okay, it's happening! Everybody stay calm!

00:03What's the procedure, everyone? What's the procedure?

00:05Stay f***ing calm!

00:06Yep, the rumors are sadly true. The Office is leaving Netflix in 2020.

00:11No! God, please, no! No! No! No!

00:17The NBC cult favorite is leaving the streaming service when its current deal expires at the end of 2020

00:22and will be moving to NBCUniversal's upcoming streaming platform, which will take over as the

00:27exclusive home for all nine seasons of the comedy starting in 2021, so this is huge.

00:32That's what she said!

00:35NBC outbid Netflix during an auction and is set to pay $100 million per year for the next five years

00:41to retain exclusive domestic streaming rights to the series.

00:44NBCU says The Office is the number one show across all subscription video on-demand services,

00:49and it's streamed in more than 52 billion minutes.

00:52On Tuesday, Bonnie Hammer, chairman of NBCUniversal DTC and Digital Enterprises,

00:56spoke about winning the streaming rights, calling The Office a staple of pop culture,

01:01and as she puts it, a rare gem whose relevance continues to grow at a time when fans have more

01:06entertainment choices than ever before.

01:08UTV president Perlina Igbakwi adds,

01:11Netflix also commented on losing out on the bidding war on Twitter, writing,

01:16This is the worst!

01:43So grab your soup snakes because you'll only get to Netflix and chill with the Dunder Mifflin gang

01:52for a little bit longer. For more on this story, head over to THR.com.

01:56And until next time, for The Hollywood Reporter News, I'm Neha Joy.

NBCUniversal to Pull 'The Office' From Netflix After 2020 | THR News

Category

Transcript

Be the first to comment

Recommended