Verizon CEO Says He’s Weighing A Wireless Internet Pay TV Service

By | Tuesday March 4, 2014 @ 9:50am PST

Verizon’s already talking to content creators about ways to enable subscribers to access video content nationally. VerizonLogo1“You could do a wireless over-the-top” — the jargon term for an Internet pay TV service — CEO Lowell McAdam told attendees at the Morgan Stanley … Read More »

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Big Media Still Lack Big Ideas; Moguls No Longer Fear Netflix But Now Worry About Internet Video: UBS Confab Wrapup

For some strange reason, I thought at least one Big Media mogul would use this week’s UBS Annual Media and Communications Conference to reset investor expectations about the Industry. I waited for someone to say that it’s time for execs to stop … Read More »

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Report: Redbox Teaming Up With Verizon To Launch Video Service In 2012

By | Thursday December 8, 2011 @ 12:52pm PST

Web site TechCrunch appears to have filled in a key missing piece to the reports this week about Verizon’s plan to launch a digital service for movies and TV shows: The site says that much … Read More »

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Verizon Chief Mum On Netflix Challenge, But Says He Eyed Hulu: UBS Confab

It’s hard to figure out Verizon’s place in the infotainment world — and CEO Lowell McAdam kept things murky in his appearance today at the UBS Annual Global Media and Communications Conference. He wouldn’t address this week’s surprising report that the phone giant might launch its own national movie and TV streaming service, potentially pitting it against Netflix. But he’s clearly interested in the business: McAdam said that Verizon seriously considered bidding for Hulu. “The jury’s out, but I do believe there’s a place for over-the-top” — jargon for a digital alternative to traditional pay TV — he said. “That model has yet to be determined and I hope we’ll be a player in that.” Wouldn’t that hurt Verizon’s FiOS, which provides a cable-like TV service to 4M subscribers? “Over-the-top can be complementary,” McAdam says. ”I don’t think it’s one thing or the other.” He was equally certain that FiOS “will not be disadvantaged” by Verizon’s new agreement with Comcast and other cable operators: The phone company will pay them $3.6B for their wireless spectrum — but also give them opportunities to sell Verizon Wireless phone service, even in markets where they compete with FiOS. McAdam says that he expects FiOS to eventually capture as much as 50% of the video and broadband customers in the markets it serves. Read More »

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