NBC CBS ABC...future-proofing their business by moving viewers to streaming platforms

The major television networks all owned streaming platforms.

NBC/ Peacock,

ABC / Hulu

CBS / Paramount plus. T

They all know that eventually most programs will be streamed. They have started migrating shows from affiliates to their streaming platforms. For example, NBC moved days of our lives away from local affiliates to Peacock. NBC is even considering cutting an hour of prime. if they do, you can bet the hour of prime they cut will end up on Peacock. All of the major networks have shifted their company's focus to streaming first and they have not hidden that priority.

Without publicly stating it, networks are moving their viewers through the diffusion of innovation curve full article here https://bit.ly/3KzJUsH