Eugene, OR, USA- September 26, 2014: Comcast Corporation is an American mass media company and is the largest broadcasting and cable company in the world by revenue. It is the largest cable company and home Internet service provider in the United States and the nation's third largest home telephone service provider. Comcast services U.S. residential and

Comcast Has No Plans to Take on Sling TV, YouTube TV, PlayStation Vue, Etc

This week Comcast’s CEO Dave Watson spoke at an investor conference and the topic of skinny bundles (i.e., Sling, Hulu, YouTube TV, etc) came up. According to Watson, Comcast has no plans to chase after cord cutters by competing with Sling TV, Hulu, PlayStation Vue, YouTube TV, and Philo.

“We’re simply not going to chase unprofitable video segments,” Watson said.

This is really no surprise as Comcast owns NBCUniversal and wants to get as much from it as possible. According to the analyst MoffettNathanson, “We suspect Comcast, by virtue of its ownership of NBCU, would try to preserve the status quo the longest.”

Comcast does have a limited streaming version. It is their very basic locals-only package that can be added to a Comcast Internet package.

According to Watson, Comcast still wants to be centered on a broadband and video bundle similar to what they are doing right now.

So, for now, Comcast seems happy with their current plan and has no interest in trying to compete with lower cost services that fight for cord cutters.

What do you think of Comcast’s plan? Leave us a comment and let us know what you think.

Source: FierceVideo

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