Economics

AT&T Launches Video on Demand Service

Competing with Netflix, others

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AT&T today unveiled a new video-on-demand service for its U-Verse TV offering amid the rising threat of companies such as Netflix.

As more consumers consider dropping their cable TV in lieu of Web-based alternatives, including Netflix, Hulu, and Amazon Prime, AT&T said today that it is offering the U-Verse Screen Pack for $5 a month, available only to its U-Verse customers. It will allow users to access a library of 1,500 movies from their TV, computer, or wireless devices.