Netflix to Lose No. 1 Show 'The Office' to Comcast in 2021 — Update

In a statement on Twitter, Netflix said: “We’re sad that NBC has decided to take The Office back for its own streaming platform — but members can binge watch the show to their hearts’ content ad-free on Netflix until January 2021.”

NBCUniversal’s TV studio produced “The Office,” which ended its nine-season run on the NBC network in 2013, and licensed reruns to Netflix, where it has been the No. 1 show for several years, accounting for 52 billion viewing minutes in 2018.

The deal is between two divisions inside NBCUniversal — its streaming unit is acquiring the rights from the Universal TV studio. Still, the show was shopped to other streaming services besides Netflix, including one AT&T Inc.’s WarnerMedia plans to launch later this year and Walt Disney Co.’s Hulu, people involved in sales process said.

Read more Finance News or read the original

This content was imported with an automated system, without human intervention.
You can report the removal of content by first reading our Legal Disclaimer