21 OCT

Report: Verizon struggling to launch streaming TV service in crowded field

Verizon’s long-rumored live TV streaming service appears to be having some issues.

Bloomberg reported this past March that the telecom giant was planning to launch an online TV service that would ostensibly compete with the likes of Dish’s Sling TV and AT&T’s DirecTV Now over the summer. A couple months later, Verizon CEO Lowell McAdam seemed to confirm that the company had its eyes on an over-the-top service, one that may use its new Oath brand.

But no new service ever came to pass, and now Bloomberg reports that Verizon is targeting next spring to try its luck in the growing online TV market. The report cites technical issues, staff turnover, and complications in programming rights negotiations as reasons for the delay, and the story notes that this is “at least” the second time the Web-based service has been delayed internally.

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Ars Technica

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.