Comcast Said It Won’t ‘Rush’ to Create a Major Streaming Service Like Its Competitors

OTT space is ‘very challenging economically,’ said chairman and CEO

Many of NBCU’s properties are very popular among streaming subscribers, including The Office on Netflix. NBCU

Seemingly every major media company has been making waves in the direct-to-consumer space during the past year, including Disney, AT&T, Viacom and Fox. But Comcast said it’s in no hurry to follow its competitors onto the OTT bandwagon.

@jasonlynch Jason Lynch is TV Editor at Adweek, overseeing trends, technology, personalities and programming across broadcast, cable and streaming video.