Originally published: December 6, 2011
Last updated: December 22, 2011 - 3:15am
Verizon Communications plans to launch a standalone service allowing customers to stream movies and television shows over the Web, in a fresh challenge to Netflix and the traditional cable TV business, according to several people briefed on the plan.
The phone company is talking with prospective programming partners about the service, which would be introduced outside of markets where it currently offers its broadband and TV package, known as FiOS, these people said. That would make it available to some 85 million U.S. households. The new service could be rolled out in 2012. The package of programming would be limited in its scope, said two people with knowledge of the plans. Another person said the focus would be packages of movies similar to Liberty Media's Starz Play and Viacom's Epix or could involve children's programming from a partner such as Walt Disney Co or Viacom.
- Telco rivals cannot promise more privacy: analysts
- With Viacom deal, Amazon looks like a real competitor to Netflix
- Verizon To Set Up Streaming Service With Redbox
- Netflix less about flicks, more about TV
- As Networks Speed Up, Data Hits a Wall
- Intel Explores Sale of TV Venture to Verizon
- Cablevision rolls out super-fast Internet access
- Time Warner buys Flixster in bid to counter Netflix
- Comcast Declines to Offer Netflix to Its Customers
- FCC says some broadcasters like spectrum plan
- Execs say cable TV shows on web not a threat
- Media Moguls See Online Video by Netflix, Hulu as Top Issue to ‘Navigate’
- Motorola eyes growth from public safety broadband
- Comcast Takes Aim At Netflix With 'Streampix'
- Time Warner Cable targets rivals, Hulu with Look Back