NBCUniversal's Streaming Service Peacock Will Launch With Some ViacomCBS Content

NBCUniversal's new streaming service, Peacock, will offer something surprising when it officially launches in the middle of this month: content from rival media name ViacomCBS (NASDAQ: VIAC) (NASDAQ: VIAC.A). NBCUniversal, owned by cable and media conglomerate Comcast (NASDAQ: CMCSA), made the announcement on Wednesday morning.

Peacock was first announced last September, and will enter an arena that's become even more crowded in the meantime. Not only will the service compete with established names like Netflix and Amazon.com's Prime, but also a relatively new subscription-based video service from Walt Disney has proven very popular as well.

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Source Fool.com