Today in Connected Consumer

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Verizon offers a lesson today in how not to knock down a rumor. Yesterday, Reuters had the scoop on Verizon’s plans to launch an IP video service that would compete with Netflix and reach beyond Verizon’s existing FiOS footprint. That was followed this morning by a report from Janney analyst Tony Wible seconding the Reuters story. According to a comment by Verizon CEO Lowell McAdam reported this morning by Peter Kafka at AllThingsD, however, the Reuters story and its followups were “all just speculation by people who like to write blogs.” If that’s the case, perhaps McAdam himself should not have been acknowledging in public that the telco was in the hunt to acquire Hulu when it was for sale and that it “continues to look at alternatives” in the OTT space.

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