An excellent chat with Ivan Seidenberg, CEO of Verizon Communications, at the Goldman Sachs conference. He talks about the telco’s broadband initiatives, both on the wireless and fiber side, and the future for Verizon. “Verizon would be focused much more on broadband, and much less on regulators. We’ll participate in explosion of broadband.”
The company is planning to launch its not-too-secret content service sometime next year, according to Seidenberg. “But I want to be clear: We are not in the studio business..we are not generating content..we are in the business of distributing it, packaging it and formating it.”
“With out capabilities in the wireless and wireline businesses, we present a great opportunity to content businesses…my own view is that over the next five years, all of the analog content business is going to change.”
The company’s actively acquiring content, and the only area where they might have problems is sports, due to rights issues, Seidenberg alluded. To stop Verizon from acquiring content would be a losing game for media and other companies…
Listen to the relevant clip of the chat below (RSS readers would have to click through to the site)..the quality is poor, but that’s how the original recording is. For the full 25 minute interview, you can go here…
Related:
– Verizon’s VOD and PPV Plans
– More on Verizon’s Content Plans
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