Why Charter and Comcast want to be the next Roku

Two of the biggest cable operators in the U.S. just teamed up to join the cord-cutting revolution, a move that’s as clever as it is counterintuitive. Charter and Comcast told investors Wednesday about their new 50-50 joint venture, which will include Comcast’s Xfinity Flex streaming platform, its HiSense-manufactured XClass TVs, its ad-supported Xumo streaming service,