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Business

Comcast announces Flex streaming product and platform




  Brian Roberts, CEO, Comcast, Speaks to Jim Cramer, on CNBCs

David A. Grogan | CNBC

Brian Roberts, CEO, Comcast, speaks to Jim Cramer, on CNBC's "Mad Money" from Philadelphia, September 6, 2018.

Comcast makes it easier for its broadband customers to access streaming video without a [19659005] div> div.group> p: first-child "/>

For $ 5 per month, Comcast will give its internet customers a connected box to watch Netflix, Amazon Prime and other streaming applications, and eliminate the need for a separate Purchased device, such as a Roku, Apple TV or Amazon Fire TV, Called Flex, the device and the service will be available to Comcast customers on March 26.

Flex will only be available to Comcast internet customers. remote control so that internet subscribers can find content in the same way as X1 customers, CNBC first reported that Comcast, the largest US cable company, developed a device in November [19659007] Comcast already has integrated streaming services suc h like Netflix, YouTube and Amazon Prime Video in its X1 platform for customers who buy cable TV. The new product will not give customers access to TV channels in the pay-TV bundle, but it will allow customers to rent shows and movies and upgrade to a Comcast video package.

Flex will not include competing live streaming services for Comcast, such as Sling TV and DirecTV, says Matt Strauss, CEO, Xfinity Services for Comcast Cable, in a press conference.

"Xfinity Flex will deepen our relationship with a particular segment of Internet customers and give them real value," Strauss said in a statement. "For just five dollars a month, we can offer these customers an affordable, flexible, and differentiated platform that includes Thousands of free online streaming movies and shows, an integrated guide to accessing your favorite tapes, and connected home computers, and the ease of navigating and managing everything along with voice distances. "

Strauss said that the pricing for Flex could change in the future as Comcast experimented with different pricing models and packages.

Note: Comcast is the parent company of NBCUniversal, which owns CNBC.



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