Netflix May Soon Be Meeting Its Rival And It’s Called Comcast

Watch out Netflix, Comcast Corp. is planning to introduce an online video service offering in the next 128-18 months.
According to people close to the matter, the service would offering hit shows from the company’s NBCUniversal TV networks.
NBC is home to hit shows such as “The Voice” and “This is Us.”

The shows would include program from the NBC broadcast network and may also include shows from Bravo, SyFy, and USA, all of which are Comcast cable channels.

The sources have asked to not be identified as the plans are still private, but have said that Comcast is still determining many of the particulars of the service, including whether it will have a live feed of the broadcast network and whether it will include sports.

With millions of customers on Netflix an Amazon.com watching shows over the internet, Comcast could become a big rival.
The service would take awhile due to rules imposed by regulators in the company’s deal for NBCUniversal but the last of the rules expire in September of next year.

Not too long ago Reuters also reported that Comcast plans to relaunch its streaming service, currently called Stream, under a new name and make it available everywhere Comcast is offered across the US.

The new service, dubbed Xfinity Instant TV, could start at $15 per month for major channels, like ABC, NBC, and ESPN, but it could go up to $40 per month by adding on additional channels.

Disclaimer: We have no position in Comcast Corporation (NASDAQ: CMCSA) nor Netflix, Inc. (NASDAQ: NFLX) and have not been compensated for this article.