Stream is Comcast's 5 per month internet TV service for its Xfinity customers

Cable provider Comcast has thrown its hat into the streaming TV service ring with its announcement of Stream. Stream will allow Comcast's Xfinity internet customers to watch live and on-demand TV programming without a cable subscription. Customers will have access to about a dozen channels at launch, including all of the major broadcast networks.

From Comcast:

With Stream, Xfinity Internet customers can watch live TV from about a dozen networks - including all the major broadcast nets and HBO - on laptops, tablets and phones in their home. It includes thousands of on demand movies and shows to watch home or away and even comes with access to TV Everywhere and a cloud DVR.

Notably absent will be popular cable destinations like ESPN and AMC. Additionally, it appears that the service will not be available on televisions or set-top boxes for the moment, limited only to an upcoming mobile application and the web. Stream will only be available to Comcast's Xfinity customers.

Stream will cost $15 per month, and will start rolling out as a beta test later this summer. It will be available exclusively in Boston, MA at first, followed soon after by Chicago and Seattle. Comcast hopes to have Stream rolled out to all of its markets by early 2016.

Source: Comcast, via: The New York Times