Verizon Signs Disney, About to Launch in Texas
The Los Angeles Business Journal also reports that Verizon is about to ink another programming deal with News Corp, the television giant owned by Rupert Murdoch. Read More
My Thoughts: In case you missed it, Verizon is entering the television business. While they should give cable and satellite companies a run for their money, the bottom line is that they are about to enter the dirty world of being a pay-for-service television provider. In order to steal customers away from the entrenched cable and satellite companies, Verizon will surely have to be better in almost every facet. Verizon is expecting to service about 3-million people by the end of the year. A lot of their survival will depend on how the government reacts regarding telecommunications companies entering a once forbidden market place.
Something to Think About: Disney President and CEO Robert A. Iger said, "We commend Verizon for doing its part in promoting legitimate channels for content distribution and for its leadership in helping curb Internet-based copyright infringement." Verizon is scheduled to announce their FiOS TV plan on Thursday, September 22. I am very curious to see if they explain how they will curb Internet-based copyright infringement, and how that will affect the way we watch television.