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NBC Is Teaming Up With Olympic Committees to Launch a TV Channel

December 15, 2016

Figure Skating - Winter Olympics Day 13Figure Skating - Winter Olympics Day 13
NBC analysts Johnny Weir and Tara Lipinski comment the Figure Skating Ladies' Free Skating on day 13 of the Sochi 2014 Winter Olympics at Iceberg Skating Palace on February 20, 2014 in Sochi, Russia. John Berry Getty Images

Comcast’s NBC Universal said it has partnered with the International Olympic Committee and the United States Olympic Committee to launch an Olympic TV channel in the United States.

The parties said the new channel, named the “Olympic Channel: Home of Team USA,” would be launched in the second half of 2017 and stream Olympic sports and related content all year round.

The channel would also create content focused on the achievements and inspiring stories of Olympic athletes.

The Rio Olympics has always been a big deal to NBC Universal. Comcast (CMCSA) said in October that the company benefited from its NBC Universal unit’s broadcast of the Rio Olympics, which boosted its overall revenue.

Comcast has been expanding its internet business and investing in media assets as it looks to add more customers amid stiff competition, specially from streaming video services.

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Along with the channel, the partnership also includes additional coverage of Olympic sports programs that will appear exclusively on other NBCU platforms—including NBC, NBCSN, and NBC Sports Digital outlets, the parties said.

The first such coverage will begin this Saturday, with the Team USA Winter Champions Series.