Friday, May 1

Report: Comcast plans YouTube-like online video service

Comcast is planning a nationwide online video service with short-form content to compete against YouTube, The Information reported yesterday.

Comcast has so far not offered online video services outside of its cable territory.

"The proposed video service would mark a brand new chapter for Comcast, which would be able to play in a loosely regulated market, reach a national audience, and possibly even make its service available outside the US," the report said. "It also may be necessary move, given that younger viewers have been gravitating toward Web videos made by a new generation of artists. One purpose of the service is to add new types of shows to Comcast’s cable package, allowing people to watch them on TV screens."

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