Comcast Corp said on Thursday it will launch a new internet streaming video serv...
FILE PHOTO: The Comcast NBC logo is shown on a building in Los Angeles, California, U.S. June 13, 2018. REUTERS/Mike Blake
Like the rest of the cable industry, Comcast has focused its future around its internet business, as the consumer trend of “cord cutting” services has shown few signs of abating. It will allow customers to access their subscriptions to streaming services like Netflix, Hulu and Amazon Prime as well as free shows and movies that Comcast will include with the service, to be supported with advertising revenue.
The announcement comes days before Apple Inc is expected to launch its own TV and video service, while Walt Disney Co and AT&T Inc have said they plan to introduce direct-to-consumer streaming services this year, adding to an increasingly competitive industry.
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