Verizon To Launch a New Streaming TV Service This Summer

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As time goes on the variety of options for the cord-cutter grows. There is currently an extensive list of quality streaming services, and soon we can add one more to that list.


Yahoo Acquisition

1 day ago, Verizon CEO Lowell McAdam confirmed rumors of plans to release streaming service sometime this summer. In mid-June, Verizon expects to close on its Yahoo acquisition. Following the acquisition, Verizon, which owns AOL, will use the combined platform of AOL and Yahoo to test the new platform, McAdam said. Yahoo currently has 1.3 billion users so the new platform may have a pretty large built-in test audience.

McAdam’s commented about the issue earlier this week during an appearance at J.P. Morgan’s Global Technology, Media and Telecom Conference.

Other than the fact that there is a Verizon streaming TV service on the horizon and we can expect to see it sometime this summer (maybe as early as July), McAdam didn’t reveal much else.

All we can expect for sure, is an over-the-top live TV service with a package of dozens of channels to be sold separately from its FiOS home TV service. This is pretty standard as far as new streaming services go.


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What to Expect?

Verizon has an existing streaming app that is geared toward a younger audience called go90. The service has programs from the production companies:

  • Rooster Teeth
  • BuzzFeed
  • Funny Or Die
  • CollegeHumor
  • Smosh
  • VICE
  • Elite Daily
  • Disney’s Maker Studios
  • and others

Go90 and other Verizon properties can also stream NFL football games because of a $21 million rights deal.

Although go90 hasn’t seen major mainstream popularity, it does have some original content that could make its way onto the new Verizon platform. The result is an advantage. Quality exclusive original programming can really bring credibility to a streaming service. We have seen it with shows like Hulu’s The Handmaid’s Tale and Netfilx’s Stranger Things.

Moving ahead, Verizon has some steep competition from names like Sling TV, PlayStation Vue, Hulu, Netflix, CBS All Access, YouTube TV… the list goes on.

Currently, there has been no mention of price, but based on what other services are doing we can expect something between $30 and $40.

We look forward to seeing what the new Verizon service has to offer.

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