As reported by Multichannel News, the leading industry publication, HBO will retain the rights to distribute Universal Pictures films as part of a long-term deal announced this past Sunday. HBO, whose channels range from 501-511 on DIRECTV and are also carried by every major cable television provider, will have exclusive pay TV rights for Universal Pictures into the next decade.
Here’s more from the Multichannel News report:
The renewal extends the decade-long agreement between the two parties that keeps Universal Pictures’ and Focus Features’ films exclusive to HBO in the domestic pay TV network window into the next decade, said Rick Finkelstein, Vice Chairman and COO, Universal Pictures and Bruce Grivetti, President, Film Programming, HBO.
“Through our long and successful partnership with Universal Pictures, HBO has been able to deliver some of the biggest and best Hollywood theatricals to our subscribers,” said HBO’s Grivetti in a statement. “We are excited to extend our relationship with Universal Pictures and have now solidified HBO’s position for first-run theatricals into the next decade.”
“With HBO’s far-reaching network of premium services, ranging from the traditional in-home experience to its mobile applications, we are pleased to continue this relationship and bring Universal and Focus Features’ films to HBO subscribers for many years to come,” said Finkelstein in a statement. “With our upcoming slate of films, HBO will continue to offer outstanding film content to their already vast library of movies, specials and award-winning original programming.”
With Universal and Focus Features exclusively in their court, HBO remains the best option for premium cable. While many cable companies sell premium channels in bundles, if you’re looking to go with just one, HBO should be your choice, for the mix of original programming, movies, documentaries, and sports coverage.
Check back often for more updates on the world of pay TV at the TV, Internet and Phone Blog.