Comcast to launch streaming video service for internet customers

PHILADELPHIA: Comcast Corp mentioned on Thursday it’ll launch a brand new web streaming video service referred to as Xfinity Flex, because the U.S. cable operator targets TV viewers preferring watching content material on-line over dearer cable TV packages.

Like the remainder of the cable trade, Comcast has centered its future round its web enterprise, as the buyer pattern of “wire chopping” providers has proven few indicators of abating.

Xfinity Flex might be accessible beginning Tuesday solely to Comcast’s web clients and can price $5 per 30 days.

It’ll enable clients to entry their subscriptions to streaming providers like Netflix, Hulu and Amazon Prime in addition to free reveals and flicks that Comcast will embody with the service, to be supported with promoting income.

It additionally contains music providers like Pandora and a voice-activated distant function that lets customers shortly seek for content material they wish to watch, mentioned Matt Strauss, government vp of Xfinity Providers, throughout a press convention name.

The announcement comes days earlier than Apple Inc is anticipated to launch its personal TV and video service, whereas Walt Disney Co and AT&T Inc have mentioned they plan to introduce direct-to-consumer streaming providers this 12 months, including to an more and more aggressive trade.

Whereas Apple didn’t specify the main target of the occasion it’ll host on Monday, it gave a single-line description: “It’s present time.” Apple has lengthy hinted at a deliberate video service, spending $2 billion to provide content material.

Comcast added a web 351,000 web clients throughout the fourth quarter, serving to the phase develop income by 10 %, it reported in January. It misplaced a web 29,000 video clients throughout the quarter.

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