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Here’s What Netflix-Comcast Deal Means to the Media Sector

Here’s What Netflix-Comcast Deal Means to the Media Sector

The popularity of streaming services like Netflix (NFLX) has made life difficult for traditional cable TV providers like Comcast (CMCSA) with customers increasingly preferring cheaper streaming services to cable TV subscriptions. Comcast didn’t mention the price of the bundled subscription, but it is likely to be cheaper compared to buying the two subscriptions separately.