Verizon CEO Lowell McAdam wants to steal customers away from cable TV with a mix of major broadcast and online content.
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.
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.
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…
Intel is getting ready to sell its yet-to-be-launched OnCue TV service, and Verizon is emerging as the most likely buyer.
Intel Media is testing its yet-to-be-launched TV service with 2500 people, and decided to ditch one of its most controversial features.
Intel has been secretly preparing to launch its TV service under the OnCue brand, and has registered for related trademarks around the world.
Intel Media is without a VP of Engineering after parting ways with a key executive that joined the company after playing a big role in Microsoft’s Mediaroom efforts.
Intel has been super-secretive about its TV service until this week, but the service is already been tested in hundreds of homes.
Intel’s TV service is real, and will launch later this year. The service will include live and catch-up TV, but also cable-like bundles.
No, Intel won’t be announcing its TV service at CES. But the company is definitely getting closer to revealing what it’s been working on, and a number of juicy new the details about the project, which has been developed stealthily, do sound intriguing