NBCUniversal Is Counting on Olympics to Help Struggling Peacock — Here’s How the Company Is Going for the Gold

The streamer will air over 5,000 hours of the network’s coverage as NBCU looks to overcome falling linear viewership

Paris Olympics 2024
Snoop Dogg and Simone Biles (TheWrap/Chris Smith/Getty Images)

Since NBC first acquired the rights in 1988, the Summer Olympics has been a star athlete in the network’s roster. This year, parent company NBCUniversal hopes the Paris games, which kick off on July 26, will boost its struggling streaming service, Peacock, with wall-to-wall coverage and exclusive content it lacked during previous games.

NBC will make all of its 2024 Olympics coverage available on Peacock, including some bonus and specialty shows, marking a fresh start for the network after executives acknowledged its two previous Olympics broadcasts were “significantly challenged” and “impaired” by the COVID-19 pandemic.

“We had Peacock in play and it was part of our coverage in Tokyo, and then again in Beijing, but in Tokyo, frankly, we didn’t do a very good job for our customers,” Mark Lazarus,  NBCUniversal’s Media Group Chairman who oversees streaming, told reporters last month.

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