Apr 10, 2017

Comcast chases Netflix with new video service

Jeff Fusco / AP

In an effort to compete with other content streaming services, like Netflix, Comcast will reveal an online video service that features NBCUniversal TV content in the next 12-18 months, Bloomberg reports. The service may include content from Comcast-owned cable channels like Bravo and USA. Live sports are still being discussed.

As Bloomberg notes, Comcast competitors like CBS and Time Warner have created similar standalone video franchises for their premium content services, like Showtime and HBO. But neither has been able to amass the same following as Netflix or Amazon Prime.

Why it matters: Comcast has been aggressively pursuing alternatives to cable subscription revenue since the streaming boom began to take hold several years ago. Earlier this month, Comcast began negotiating rights with cable companies to broadcast video services more widely, hinting at the creation of a standalone streaming service.

Note: Comcast is an investor in Axios though NBCUniversal.

Go deeper

Bloomberg denies telling a pregnant employee to "kill it"

Photo: Scott Olson/Getty Images.

Former Mayor Michael Bloomberg on the debate stage Tuesday denied telling a former employee to terminate her pregnancy.

Catch up quick: Per the Washington Post, a former saleswoman has alleged workplace discrimination against Bloomberg and his company and says Bloomberg told her to "kill it" when he learned she was pregnant. Bloomberg denied the allegation under oath and entered a confidential settlement with the woman.

Debate night: Candidates' last face-off before Super Tuesday

Sanders, Biden, Klobuchar and Steyer in South Carolina on Feb. 25. Photo: Jim Watson/AFP via Getty Images

Sen. Bernie Sanders wants to keep his momentum after winning New Hampshire and Nevada, while former Vice President Joe Biden hopes to keep his own campaign alive. The other five candidates are just trying to hang on.

What's happening: Seven contenders for the Democratic presidential nomination are in Charleston, South Carolina, for the tenth debate, just days before the South Carolina primary and a week before Super Tuesday. They're talking about health care, Russian interference in the election, the economy and race.

Go deeperArrowUpdated 7 mins ago - Politics & Policy

Sanders to Putin: You won't interfere in any more elections if I'm president

Photo: Scott Olson/Getty Images.

Sen. Bernie Sanders sent a message to Russian President Vladimir Putin on the debate stage Tuesday, stating, "If I'm president of the United States, trust me, you're not going to interfere in any more American elections."

The big picture: It was unveiled last week that Russia has been interfering to boost Sanders' campaigns in an apparent attempt to strengthen President Trump's bid for reelection. Former New York Mayor Michael Bloomberg said that "Vladimir Putin thinks that Donald Trump should be president of the United States, and that's why Russia is helping [Sanders] get elected.