Charter Communications and Comcast formed a joint venture.

Charter Communications, a broadband connectivity company and cable operator, and Comcast, a media and technology company, formed a joint venture. Financial terms were not disclosed. “Our new venture will bring a full-featured operating platform, new devices, and smart TVs with a robust app store providing a more streamlined and aggregated experience for the custome. As the video landscape continues to evolve, this venture will increase retail consumer options, compete at scale with established national platforms, and join our existing lineup of options for the Spectrum TV App available on most customer-owned streaming devicesr,” Tom Rutledge, Charter Chairman and CEO.