Microsoft in talks for new TV service
Microsoft has, shall we say, a bit fragmented in its business operations. As the mighty company moves towards integration of its products at what we hope is an increasing pace, news comes that they are trying to add to the livingroom wars by possibly becoming a cable provider of some sort. No real specifics in the article, but we do know licensing deals move at glacier speeds.
News of Microsoft’s plans come as the pay-television industry has sought to allay investor concerns that consumers are fleeing expensive subscription packages for cheaper online services operated by companies such as Netflix Inc and Hulu, which both charge $7.99 per month for streamed shows and movies. The phenomenon is called “cord-cutting.”