Broadband Cable Association of Pennsylvania

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A top Comcast Corp. executive took aim at HBO over its planned streaming-video service, saying it could cannibalize a lucrative pay-TV business, highlighting friction between two of the industry's heavyweights. Speaking on Comcast's third-quarter earnings call, NBCUniversal Chief Executive Steve Burke said he was surprised when Time Warner Inc. last week announced plans for a streaming HBO service that will be available to consumers who don't have pay-TV subscriptions. Mr. Burke warned that, whatever HBO's intentions, "it's going to be a challenge for them to not cannibalize what is already a really, really good business." Even if HBO prices the service at $15 a subscriber, roughly on par with what cable-TV subscribers now pay, "they have got to be very careful with cannibalization," Mr. Burke said.

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