Comcast to Offer Web Video Service

Service answers competition from online services and satellite companies

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Cable provider Comcast plans to launch a Web service that will let its TV subscribers also get video online, Business Insider reports. Reports suggest other cable companies are planning similar efforts.

They are in talks with cable networks, which in the meanwhile have reportedly pressured Hulu.com to limit how its online video is distributed. But instead of online video, the real competition for cable companies is from satellite, reports Between the Lines. Cablecos hope to get a jump on satellite by offering online video to subscribers.

The cable networks, meanwhile, are looking for new outlets. Back in October, when it launched a streaming service with Netflix, a Starz spokesman described how the network was talking up the online approach with its affiliates -- cable and satellite providers. He said some were considering their own online video offerings. It looks like Comcast will be among the first.