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Technology Stocks : What about old Time Warner
TWX 98.770.0%Jun 15 5:00 PM EST

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From: zax10/15/2014 4:22:31 PM
   of 102
 
Very late, but better late than never...

HBO Plans New Streaming Service, With Eye on Cord Cutters
By EMILY STEELOCT. 15, 2014

nytimes.com



<snip>

HBO announced Wednesday that it would start a stand-alone Internet streaming service in the United States in 2015 that would not require a subscription to a traditional television service.The premium cable network, which is home to original programming and movies, is attempting to lure a new generation of viewers who might never pay for traditional television packages or have canceled their cable or satellite service.

Richard Plepler, chief executive of HBO, pointed to 10 million homes in the United States that pay for broadband connections but not a traditional TV service.

“That is a large and growing opportunity that should no longer be left untapped. It is time to remove all barriers to those who want HBO,” he said. “All in, there are 80 million homes that do not have HBO and we will use all means at our disposal to go after them.”

</snip>

Read the rest here: nytimes.com
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