Cord-Cutters Rejoice: CBS Joins Web Stream - NYTimes.com

Another unhappy development for Netflix

"Just one day after HBO said it would start an Internet-only offering, CBS announced on Thursday its own subscription streaming service that lets people watch its live programming and thousands of current and past shows on demand.

The moves signal a watershed moment for web-delivered television, where viewers have more options to pay only for the networks or programs they want to watch — and to decide how, when and where to watch them. Rapidly fading are the days in which people pay an average of $90 a month for a bundle of networks from a traditional provider."

Cord-Cutters Rejoice: CBS Joins Web Stream - NYTimes.com