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Google (GOOG -0.6%) has approached TV network owners about offering a Web-based TV service, the...

Google (GOOG -0.6%) has approached TV network owners about offering a Web-based TV service, the WSJ reports. Intel (INTC) has similar ambitions, and has unsurprisingly run into opposition from pay-TV providers looking to maintain the status quo. Moreover, a newcomer such as Google (or Intel) will likely have to pay steeper prices than incumbents. But if Google manages to get such a project off the ground, YouTube could prove a powerful delivery/marketing vehicle, and provide an effective way to bundle online video. If it fails to launch, there's always Google Fiber.
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