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Comcast, Walmart is talking to develop and distribute smart TVs



Comcast Corp. is in talks with Walmart Inc. for the development and distribution of smart TVs, according to people familiar with the matter, as the cable giant is looking to be the dominant hub for streaming apps, not just TV channels.

Under the terms the companies are discussing, retail giant Walmart will advertise TVs running Comcast software and in return receive a portion of its recurring revenue from Comcast. A third party will likely make these sets, and one possibility is they might carry the Walmart brand, …


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