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

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.

“Streaming, we think, is very challenging economically, and we don’t want to rush into anything,” Comcast chairman and CEO Brian Roberts said on this morning’s earnings call.

Direct-to-consumer has increasingly become a major focus for media companies. Two weeks ago, AT&T said it would roll

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