Verizon Video Service Gets Backed by Comcast, Targets YouTube
March 30, 2012 12:13 PM
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Past reports indicate that Verizon may be aiming for eventual pay-per-play sales scheme
When Time Warner Cable Inc. (
), Comcast Corp. (
) agreed to sell America's top mobile carrier Verizon Wireless -- a joint venture between Verizon Communications Inc. (
) and Vodafone Group Plc. (
) $3.9B USD of AWS ("advanced wireless services") spectrum, most assumed the deal was relatively straightforward for
, who's currently in the middle of an
LTE (4G) deployment push
However, it appears the deal is a little bit more complex. As part of the deal,
The Wall Street Journal
that the cable networks will partner with Verizon to resell its planned
integrated video service
, which will take on Google Inc.'s (
) industry-leading video sharing site, YouTube.
Verizon CEO Lowell McAdam told the
, "Technically, I think we could have something out that would be the beginnings of an integrated offering in time for the holidays."
Verizon says it plans to distribute the video both through the tentative joint venture with cable firms, to its mobile device subscribers, and to Verizon Communications'
growing number of fiber-optic service (FiOS) customers
Documents from a 2010 public webinar presented by top wireless service providers
, indicate that carriers like Verizon (Verizon Wireless's parent Vodafone was shown in the slide) may hope to lure customers into an arrangement in which they are
charged individual fees for each video view
(the proposed rate for YouTube videos was $0.50). However, Verizon might be willing to allow its subscribers to get their views at a discount -- or even for free -- as a means of forcing users away from YouTube and adding to its advertising/subscriber revenue.
(Update: A brief statement by Openet was retracted on request of Openet, hence the article shuffling.)
This article is over a month old, voting and posting comments is disabled
3/30/2012 2:38:32 PM
Just in case you wanted to know what the child of Hilter and Satan looked like.... it looks awfully similar to a Verizon/Comcast mating.
Talk about companies that should never copulate, it's them.
RE: Unholy Union
3/30/2012 6:35:21 PM
Agreed. The more Verizon and Comcrash cooperate, the less likely I'll be able to 'ping-pong' between the two of them for the lowest rates on TV & Internet..
Having been a customer of both, I think they already share their customer 'service' depts, since both behave identically - most interested in extracting as much cash outta yer wallet as possible :P.
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