In an effort to compete with other content streaming services, like Netflix, Comcast will reveal an online video service that features NBCUniversal TV content in the next 12-18 months, Bloomberg reports. The service may include content from Comcast-owned cable channels like Bravo and USA. Live sports are still being discussed.
As Bloomberg notes, Comcast competitors like CBS and Time Warner have created similar standalone video franchises for their premium content services, like Showtime and HBO. But neither has been able to amass the same following as Netflix or Amazon Prime.
Why it matters: Comcast has been aggressively pursuing alternatives to cable subscription revenue since the streaming boom began to take hold several years ago. Earlier this month, Comcast began negotiating rights with cable companies to broadcast video services more widely, hinting at the creation of a standalone streaming service.
Note: Comcast is an investor in Axios though NBCUniversal.
The 2017 Pulitzer Prize Winners were announced Monday.
The big winner: The New York Times clinched the most awards with three prizes for International Reporting, Featuring Writing and Breaking News Photography.
The 2016 angle: Washington Post's David Fahrenthold won the prize for best National Reporting for his series on President Trump's foundation and breaking other stories like the NBC Access Hollywood tape, which exposed President Trump's now infamous conversation with Billy Bush.
