JamesG
02-11-2019, 09:18 PM
"Friends" to be Ultimately Exclusive on WarnerMedia Platform, Kevin Reilly Says – TCA
by Anthony D'Alessandro
February 11, 2019
TBS and TNT president Kevin Reilly, who is involved in the oversee of the new WarnerMedia streaming service, said Monday that in regards to "Friends" down the road, the series is bound to play exclusively on the new platform.
“I think you can expect the crown jewels of Warner will ultimately end up on our new service. Pulling it away (from Netflix)? It’s certainly something we’re willing to do,” said Reilly at TCA.
“I think for the most part, sharing destination assets like that is not a good model to share — my belief is that they should be exclusive,” he added.
Back in December, Netflix celebrated its $100 million deal for streaming "Friends" through 2019, a significantly bigger deal than the $30 million it was paying per year for rights.
AT&T CEO Randall Stephenson at UBS media conference let attendees know at the time that the newly extended license to the Warner Bros show is not exclusive. “That means Friends can go onto our platform as well,” Stephenson said last December.
Reilly mentioned today that a beta version of the WarnerMedia platform will launch in Q4 of this year. The streaming service has yet to be named but will encompass the Warner Bros. studio movies/TV, HBO and Turner series.
The price tier is still being figured out, particularly how it’s offered to AT&T cable and DirecTV customers. It will be offered as a stand-alone service, but be a “seamless consumer experience” said Reilly.
https://deadline.com/2019/02/friends-netflix-warner-media-service-1202555077/
by Anthony D'Alessandro
February 11, 2019
TBS and TNT president Kevin Reilly, who is involved in the oversee of the new WarnerMedia streaming service, said Monday that in regards to "Friends" down the road, the series is bound to play exclusively on the new platform.
“I think you can expect the crown jewels of Warner will ultimately end up on our new service. Pulling it away (from Netflix)? It’s certainly something we’re willing to do,” said Reilly at TCA.
“I think for the most part, sharing destination assets like that is not a good model to share — my belief is that they should be exclusive,” he added.
Back in December, Netflix celebrated its $100 million deal for streaming "Friends" through 2019, a significantly bigger deal than the $30 million it was paying per year for rights.
AT&T CEO Randall Stephenson at UBS media conference let attendees know at the time that the newly extended license to the Warner Bros show is not exclusive. “That means Friends can go onto our platform as well,” Stephenson said last December.
Reilly mentioned today that a beta version of the WarnerMedia platform will launch in Q4 of this year. The streaming service has yet to be named but will encompass the Warner Bros. studio movies/TV, HBO and Turner series.
The price tier is still being figured out, particularly how it’s offered to AT&T cable and DirecTV customers. It will be offered as a stand-alone service, but be a “seamless consumer experience” said Reilly.
https://deadline.com/2019/02/friends-netflix-warner-media-service-1202555077/