Verizon delays their Live TV streaming service till spring2017-10-19 16:22 by Daniela
The launch of Verizon's long rumored online TV service will be delayed till spring 2018. The reason for this is the company is struggling to complete content deals with major networks. Media companies were hesitant because there wasn't a solid plan in place for the service in terms of pricing, programming and tech.
The new online package, which the telcom confirmed it was working on in May, is a separate platform from go90, the company's current Netflix-type service. The decision was a move to stay current in a world of skinny bundles and affordable TV packages.
The service has already been pushed back at least twice, but that doesn't necessarily indicate Verizon is less interested in competing in this business than others. As the report noted, Verizon CEO Lowell McAdam said last month that it was still "absolutely critical" for Verizon to introduce its own platform, despite the "crowded field" that's web-based TV.
Read more -here-