Comcast To Launch Streaming Video Service

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NEW YORK (CBSMiami/AP) — In an effort to compete with companies like Netflix and Amazon, Comcast will launch its own streaming video service for mobile devices.

The nation's largest cable company said the new service, called Stream, will cost $15 a month. In addition to on-demand movies and shows, customers would be able to watch live TV from about a dozen networks, including HBO, on their phones, tablets and laptops.

Comcast Corp. said Monday that it will launch the service in Boston at the end of the summer and plans to make it available to all its customers by early 2016.

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