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Why the cable industry should fear Verizon's streaming video app

March 31, 2015View for printing

It's the holy grail for TV viewers who are fed up with sky-high cable bills: A do-it-yourself bundle made up of channels you chose. The problem? By the time you add up separate subscriptions to Netflix, Hulu, SlingTV and all the other streaming video apps you want, you may be paying the equivalent of a regular cable bundle, anyway.

But Verizon may be poised to change that equation. Using technology it purchased from Intel last year, the telco has been open about getting into streaming media, too. Whatever it comes up with, according to Chief Financial Officer Fran Shammo, might eschew a subscription fee.

By Brian Fung

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