U.S. cable, programmers set for Web TV by summer
By Behind The Scenes TV on Feb 26, 2009 in Internet TV
Cable and satellite TV providers are working on a free online video service to deliver up-to-date cable shows to computers and mobile phones, but the industry is worried the project could cannibalize pay-TV’s long-standing revenue model.
Millions of U.S. consumers are already watching broadcast TV shows on free websites such as Hulu.com, but cable network programing is available primarily on cable and satellite TV services, such as Comcast Corp and DirecTV Group Inc, or nascent video services from phone companies.
“This is about bringing new amounts of content to the Internet in a business model that continues to support the creation of that content,” said Sam Schwartz, executive vice president of Comcast Interactive Media.
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