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Original Message
HBO "cuts the cord" . . .
Posted by Billy Wonka on October 16, 2014 at 07:27:18:
HBO to offer online-only service
By Regan Morris BBC News, Los Angeles
HBO has announced plans to sell a streaming-only membership for its content, allowing it to compete with companies like Netflix or Amazon.
It will allow consumers to cut the cord on cable without being forced to "borrow" a password, as some do now, to watch the company's programming.
HBO's standalone streaming service will launch in the United States in 2015.
Its aim is to serve the 10 million, and growing, "broadband only" homes, HBO boss Richard Plepler announced.
"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," Plepler said.
The news was met with glee on social media, where "cord cutters" celebrated what some called the beginning of the end of bundled TV services. "Down with Cable!" and "Cord cutters, rejoice!" were the trending headlines greeting the news.
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This gets my attention. If it is priced right it will be a great compliment to Netflix.