Comcast Corp. said most of the original shows that were to headline the launch of its Peacock streaming service likely won’t be ready until 2021—another setback for a platform already coping with the postponement of the Tokyo Olympics to next year.

“The majority of our original productions, like virtually all productions across the world, have been paused,” said Matt Strauss, chairman of Peacock, in a call to the press on Tuesday during which he discussed the challenges created by the global coronavirus pandemic. Mr. Strauss…

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