AT&T's Hindery: Streamed Video Could Trash Cable.
Multichannel News, October, 1999 by HEARN, TED
WASHINGTON -- If you're an AT&T@Home cable-modem customer, don't expect cable networks on the Internet to be a click away. Leo J. Hindery Jr., CEO of AT&T Broadband & Internet Services, spoke out forcefully last week against video streaming by cable networks in a manner that leaves cable operators out of the picture.
In a warning to cable networks looking for an Internet video outlet, Hindery said he would not allow streamed video to undercut his cable business. "I am not going to allow it to trash the fundamental model without being a participant in the debate as to how it evolves," said Bindery, a panelist at a television forum sponsored by Broadcasting & Cable magazine (owned by Cahners Business Information, publisher of Multichannel News)....
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