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Time Warner cable to offer Web TV

Time Warner CenterTime Warner will soon be offering its users a way to stream Internet video to their television screens as part of an overall home networking system. In short, Time Warner is getting into the same business that Apple TV has already gotten into long ago.

"We're actually going to have equipment we make available to subscribers," said Chief Executive Glenn Brit at the Sanford C. Bernstein Strategic Decisions Conference in New York this past Friday. "It's actually going to be a new wireless cable modem that will allow you to network everything in your house."

With Verizon FIOS soon to be potentially offered in New York City, it's small wonder that Time Warner is trying to expand their offerings to the public. I guess that would beat doing something radical, like lowering their monthly fee or offering a greater selection of channels. At least this way they don't have to supply new content.

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