27 Apr Comcast, Charter Form Joint Venture to Launch Nationwide Streaming Platform [Variety]
(ABOVE) Comcast will license Flex, its aggregated streaming platform and hardware, to the joint venture.
By Todd Spangler
April 27, 2022 | Comcast and Charter Communications, the two biggest cable operators in the U.S., are joining forces in the streaming wars.
The two companies announced a 50-50 joint venture to develop and launch a “next-generation streaming platform” on a variety of branded 4K streaming devices and smart TVs to reach customers in major markets across the country. The yet-unnamed JV will aim to compete with streaming platforms like Roku, Amazon’s Fire TV, Google Chromecast and Apple TV 4K.
Read more on Variety.