The Comcast company on Tuesday revealed that it has signed an exclusive deal to put 'The Office' on its upcoming streaming service for five years starting in 2021. But just because NBC owns the show, doesn't mean it won't have to pay for it.
Just because NBC owns "The Office," doesn't mean it doesn't have to pay licensing fees.
, even though it's technically a property of NBC's parent company. Universal Television, a separate division of NBCUniversal, produced the show with Deedle-Dee Productions and Reveille Productions., and was far and away the most streamed show on the service in 2018. Viewers streamed more than 52 million minutes of the show that year — 20 million more than the second most watched show, "Friends.
So, if "The Office" is an NBC show, why is NBC shelling out $500 million to put it on its forthcoming streaming service?When a large company like Comcast is made up of smaller, independently run divisions, each division must pay a transfer price for any products or services of another division, he explained.
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