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Re: retiredtech post# 240931

Thursday, 10/16/2014 12:37:38 PM

Thursday, October 16, 2014 12:37:38 PM

Post# of 380514
For the first time in the cable network’s history, HBO is set to open up its catalogue of television to non-cable owners, after the company announced plans to launch a standalone, web-based streaming service à la Netflix in 2015.

Chairman and CEO Richard Plepler believes evolving to offer an autonomous streaming service will benefit the company from top to bottom.

“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. So, in 2015, we will launch a stand-alone, over-the-top, HBO service in the United States. We will work with our current partners. And, we will explore models with new partners. 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.”

- See more at: http://wegotthiscovered.com/tv/hbo-switches-gears-launch-standalone-streaming-service-2015/#sthash.bwtlDoGh.dpuf