Cablevision (CVC) will join Comcast (CMCSA - previous) in offering a Netflix-like (NFLX)...

|About: Cablevision Systems Corpora... (CVC)|By:, SA News Editor

Cablevision (CVC) will join Comcast (CMCSA - previous) in offering a Netflix-like (NFLX) streaming service for its cable/broadband customers, predicts BTIG's Richard Greenfield. As evidence, he points to remarks made during Cablevision's earnings call about new software investments. Greenfield thinks Cablevision is worried about the Verizon/Coinstar JV, which is expected to have a beta launch this summer.