The NBCU streamer is estimated to garner USD 2 billion by then. For this year, the service is expected to hit USD 604 million in revenue, USD 197 million coming from advertising and USD 407 million from subscription revenues.
The company announced the appointment of two new executives as it expands its revenue strategy and distribution business unit: Ezequiel Fonseca Zas joins as SVP of Revenue Strategy and Distribution, and Malu Carmona-Botana as VP of Content Monetization.
NATPE announced that the conference portion of the first international television event of the year will kick-off with NBCUniversal Television and Streaming Chairman, Mark Lazarus, as opening keynote.
NBCUniversal's AVOD service has reached more than 26 million signups, nailing down its business plan of offering either a free or cheaper alternative to pricey rival streaming platforms.
The eight-part co-production between New Zealand’s South Pacific Pictures and Canada’s Shaftesbury with Acorn and CBC, Canada and Sky TV, New Zealand will air on NBCUniversal’s thriller channel 13ÈME RUE in 2021.