More people may be watching online video than ever, but Comcast doesn’t see initiatives like Google TV as a competitive threat, according to Steve Burke, the cable company’s COO. In an interview at the D8 conference today, the cable exec said that Comcast’s real competition comes from satellite TV providers and telco companies entering the pay TV market. After Comcast merges its cable networks with NBC Universal, Burke will be the guy running the combined entity. So his view of the competitive marketplace — particularly around the cable company’s competition with online video services — is important, especially in light of NBC’s stake in online video site Hulu. Hulu could launch its own subscription services soon, so some could see its on-demand programming as competitive with Comcast’s pay TV services. But Burke dismissed that notion.