Cable TV providers brace for the ‘streaming wars’

It’s a huge get for Amazon, which recently raised prices for Prime subscriptions and has made huge moves to shore up its streaming video content library over the past year. Netflix, which raised its own prices in mid-April, saw its stock price plunge 5 percent the day of the HBO announcement. Partnering with big names like HBO and Nickelodeon is just one way to lure a cable chord-cutter. A slew of streaming devices have crowded onto the market over the past few years, including set-top boxes like Roku, Apple TV, and Amazon’s just-released Fire TV. Hulu recently unveiled a remote control for subscribers using it on video game consoles. – Schuyler Velasco, The Christian Science Monitor