Times used to be, the only kids on the block offering online video services were Netflix and Hulu. But slowly, ever so slowly, the smell of money to be made has been luring competitors like Amazon and Youtube and now, AT&T. The telecommunications company announced a new $500 million deal to start its own online video venture. [More]
The Justice Department is reportedly engaged in an anti-trust investigation into many areas where the cable TV industry might be acting inappropriately to try and quell competition from online video. Many consumers want to pick and choose what they watch, using services like Hulu and Netflix, whereas cable companies would like them to continue to pay for bundles of TV channels, even some they might not watch.
Netflix continued its recent tightening and price-raising by making it so there can only be one streaming video feed per account. UPDATE: Netflix has clarified and said that all accounts can support at least two concurrent streams. The users who saw/heard that they could only have one stream were experiencing a glitch which Netflix is fixing.
How are cable providers reacting to the threat posed by online streaming of shows? Forget bandwidth caps for now—how about online access to cable programs, limited to cable subscribers?