Sony and Viacom Reach Deal to Stream Cable Channels
Friday, 16 August 2013 | by Pat's Picks
Another day, another change in the television business. Sony has convinced Viacom to go along with its plan to bypass cable and satellite companies entirely and offer live TV over the internet. Paid subscribers would be able to watch live cable channels the same way they use services like Netflix and Hulu. The New York Times says even though the deal has not been finalized, having news about it spread is good for Sony, since it may encourage other programmers to get on board.
SOURCE: New York Times