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Sky enters online streaming fray
BSkyB is entering the online TV space with a subscription-based service to rival Lovefilm and Netflix, as competition in the UK space increases. Sky cites the rise in connected devices as a key driver behind its decision to launch the service, which will roll out during the first half of this year. The move could prove a lucrative one if adoption proves strong enough, but it also illustrates the growing threat to traditional broadcasting as consumers continue to seek on-demand content online.
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