Time Warner to Deliver Wireless Web TV Box2 Jun, 2008 By: Chris Tribbey
Time Warner Cable will take on the likes of Apple TV soon, with a wireless cable modem box that will deliver Internet video directly to the TV, CEO Glenn Britt said during the Sanford Bernstein Strategic Decisions Conference May 30.
“What we have happening now is video on the Internet, and nobody has built a sustainable subscription model … it's all advertising supported,” he said. “What I'm concerned about is TV progressively moving to the Internet, and it's free to consumers. … There isn't a replacement for that subscription revenue.
“However this evolves, we're going to figure out how to get paid for it.”
Britt predicted that within the next two years, it will become easy for consumers to access Internet video directly on their TVs. He offered few specifics on Time Warner's plans.