U.S. cable companies should create Netflix rival: Malone

By Liana B. Baker NEW YORK (Reuters) - Cable pioneer John Malone said on Thursday that cable companies should team up to create a rival to Netflix Inc that would deliver programming over the Internet on a national basis. Cable companies could "solve the problem" of high programming costs by acquiring content for an Internet-based service under one brand that they would sell in a bundle with broadband, Malone said at Liberty Media Corp's annual investor conference. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/libertys-malone-says-cable-companies-create-netflix-rival-154937435--finance.html