Microsoft: The War is On with Cable and Satellite Providers
With Microsoft’s (NASDAQ:MSFT) announcement to bring live TV to Xbox live, video could kill the cable box … if you don’t have more than one TV.
In the deal inked Microsoft’s partner Verizon (NYSE:VZ), live HD television will now come straight to the Xbox360. The roll out with start with a list of popular shows including MTV (NYSE:VIA), HBO and CNN (NYSE:TWX) without the need for a cable box.
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Users will also be able to channel surf without the remote via voice commands and hand gestures using Xbox. At least some people will soon be able to watch cable without the boxes.
Stock affected by this impact on cable box clutter include Motorola (NASDAQ:GOOG), Cisco Systems Inc. (NASDAQ:CSCO) as well as cable and satellite providers such as Comcast (NASDAQ:CMCSA), AT&T (NYSE:T), DISH Network Corp. (NASDAQ:DISH), Comcast Corporation (NASDAQ:CMCSA), DIRECTV (NASDAQ:DTV), Time Warner Cable Inc. (NYSE:TWC), Cablevision Systems Corp. (NYSE:CVC), Netflix (NASDAQ:NFLX), TiVo Inc. (NASDAQ:TIVO) and Echostar Corporation (NASDAQ:SATS).
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