Verizon CEO says OnCue will launch by mid-2015
Verizon CEO Lowell McAdam wants to steal customers away from cable TV with a mix of major broadcast and online content.
Verizon CEO Lowell McAdam wants to steal customers away from cable TV with a mix of major broadcast and online content.
Dish is moving fast on getting its new internet-based TV service up and running, and it is targeting cord cutters as customers for the new service.
OnCue’s boss Erik Huggers is out at Verizon, and he isn’t alone: at least four other executives have left Verizon, or decided not the join the company when the OnCue acquisition closed.
Dish may only have one broadcaster on board for its planned internet TV service, but the deal nonetheless represents a big step for the TV industry, and for people sick of paying for expensive bundles.
Comcast is still in talks with online video companies that want to launch internet-based TV services — but will anything ever come out of these talks?
Intel had it all: An A-list team, an intriguing product and even a number of contracts with TV networks, just waiting to be signed. So why did the company end up selling its OnCue TV service to Verizon?
Verizon is buying Intel Media’s assets to build out its own FiOS service and eventually also offer TV over the internet. But behind all of this is one big plan: to take on former ally Comcast.
Verizon is buying Intel Media, the Intel unit that has been developing an internet-based television service called OnCue.
Sony wants to launch its own online TV service with a cloud DVR and live TV feeds. The service will scheduled to go into testing in the U.S. later this year.
http://www.bloomberg.com/news/2013-12-13/verizon-said-near-agreement-to-buy-intel-s-start-up-tv-service.html
Verizon (s VZ) is close to inking a deal with Intel (s INTC) to buy the chip maker’s yet-to-be launched online TV service OnCue, according to a Bloomberg report. Intel originally planned to launch the service by the end of the year, but the company’s new CEO Brian Krzanich decided that Intel shouldn’t be in the TV business, after all. Bloomberg reports that Verizon wants to use the unit to offer TV services outside of its market footprint, but it’s still unclear how exactly such an offering would look like.