Verizon signs multiplatform distribution deal with NBCUniversal
Verizon (NYSE: VZ) struck a broad carriage deal with Comcast's (Nasdaq: CMCSA) NBCUniversal subsidiary that the company said will allow it to deliver live and on-demand programming from NBC, CNBC and other networks to FiOS TV subscribers both in and out of the home.
FiOS subscribers will be able to access NBCU content through TV Everywhere apps such as the Verizon FiOS Mobile app for Apple's (Nasdaq: AAPL) iPad, early next year, according to Verizon and NBCU. The companies didn't detail how restrictions in NBCU's rights deals with major sports leagues such as the NFL could limit its ability to offer subscribers the ability to distribute sports programing through Web and mobile platforms.
NBCU, which signed a similar pact with Verizon FiOS rival Cablevision (NYSE: CVC) last month, said the agreement includes retransmission-consent for NBC owned-and-operated stations and multiplatform distribution rights to USA, Bravo Media, cloo, Chiller, CNBC, E!, G4, MSNBC, mun2, NBC Sports Network, Oxygen Media, Style Media, Syfy, Telemundo Media and Golf Channel. Carriage terms for ComcastSportNet Philadelphia and other regional sports networks are included in the deal, along with rights to carry the Olympic Games.
Last week, Verizon began streaming live TV programming from 75 networks to FiOS subscribers that want to watch video on Apple's iPad within their own homes. But Verizon subscribers can't yet use its FiOS Mobile app to watch programming from local NBC stations and other broadcast affiliates.
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