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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
Arts & EntertainmentNBCUniversal

Peacock’s early preview kicks off Wednesday, with the national launch still on track for July

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Radhika Marya
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Radhika Marya
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April 14, 2020, 3:18 PM ET
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NBCUniversal is going ahead with its plan to roll out Peacock Premium to Comcast’s Xfinity X1 and Flex customers Wednesday, even as the coronavirus pandemic has stalled work on most new productions and delayed the service’s ability to offer Olympics content.

The service is also still on track for its national launch on July 15, in which the company will offer several tiers, said Matt Strauss, chairman of Peacock and NBCUniversal Digital Enterprises, during a call with the press Tuesday.

In spite of a changing world and some delays in programming planned for the service, Strauss said there were a few “positives” worth noting as Peacock launches.  

“First, what’s postponed in 2020 will come back to us even bigger in 2021, when Peacock will arguably really be hitting its stride,” he said. “If you fast forward a few months, Peacock will now have two Olympics in a relatively short period of time.”

He added that dozens of original premieres will also take place in 2021, while noting that some new content, such as a Brave New World adaptation, was “essentially done.” Strauss also noted that amid the pandemic and social distancing, there could be new ways to work with talent.

“You’re seeing this already happen where a lot of really creative people are just trying to find new ways to reach audiences, and we see that as an opportunity for Peacock,” he said.

Both Strauss and Dana Strong, president of Xfinity Consumer Services at Comcast, expressed confidence in Peacock’s overall library, which includes a mix of late night shows, as well as well-loved series including the various Law & Order franchises, classic comedies like The Carol Burnett Show, and more recent sitcoms like 30 Rock and Parks and Recreation.

Strong said Xfinity platforms have seen more than a 50% increase in video on demand hours consumed, year over year, with a 25% increase in comedy viewing hours, “perhaps indicating that customers are looking for some lightness.”

When Peacock launches nationwide, a free, ad-supported version will be available, while Peacock Premium, which will offer a wider library, will be offered as either a $4.99-per-month ad-supported version or an ad-free tier for $9.99 per month.

Peacock is just one of a few new notable streamers to launch this year. Quibi launched just last week, and HBO Max still plans to launch in May, even with the coronavirus pandemic delaying the Friends reunion special.

More must-read stories from Fortune:

—How movie theaters can make a comeback after the coronavirus pandemic
—After Fleabag, Vicky Jones was ready to Run toward a tricky HBO thriller-comedy
—Tigertail director Alan Yang on making the past not “a memory, but a beautiful dream”
—Disney+ reaches 50 million subscribers within 5 months
—When jazz musicians aren’t live-streaming owing to coronavirus, they’re scrambling to rebook lost gigs
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