AT&T Said to Plan Web Streaming as Primary TV Platform by 2020

  • Service will limit streams to two devices simultaneously
  • Price to be competitive with Sony’s PlayStation Vue service
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AT&T Inc.’s online streaming TV service, DirecTV Now, will become the company’s primary video platform in three to five years, according to people familiar with the plans.

The largest U.S. pay-TV provider has been working for more than a year to build a video-delivery system that can carry multiple live feeds to broadband-connected homes, said the people. Such a platform would eliminate the need for a cable hookup or satellite dish in five years or less, the people said.