Oncue intel tv#

Oncue intel tv#

Intel had believed its user interface and VOD-centric service, offering a three-day replay of TV shows from a network DVR, would help it win subscribers away from incumbent services. It’s the next logical step, and we’re excited about the road ahead.” “Intel provided us with the technological know-how and resources to develop products and services that will fundamentally change the way we experience TV, and now Verizon gives us access to the marketplace and the ability to scale. “We’re incredibly proud of what we’ve achieved,” Huggers said in a statement. Previously he was the director of BBC’s Future Media & Technology group, overseeing products including BBC iPlayer video streaming service. Huggers joined the company in April 2011. After Krzanich, formerly Intel’s chief operating officer, was tapped as CEO in May 2013, the company decided that broadband TV was too far afield from its core business - and that the expensive project would take years to achieve a return, if ever. It spent more than two years developing a set-top box and service that would deliver live and on-demand TV programming over the Internet, under the brand name “OnCue,” in a bid to challenge incumbent cable and satellite TV services.īut Intel had trouble clinching programming deals with major media congloms. Intel ramped up the Internet TV initiative, taking over a building on the company’s Santa Clara headquarters campus. Intel CEO Brian Krzanich said the “critical factor in gaining efficient access to content is based on your ability to scale quickly in subscribers and end users, which is why selling these assets to Verizon makes perfect sense, with its millions of FiOS network and wireless customers.” He added, “This sale also enables Intel to further align our focus and resources around advancing our broad computing product portfolio in segments ranging from the Internet-of-Things to data centers.” Intel, after spending more than two years - and millions of dollars - developing the Intel Media project, ultimately didn’t have the appetite to pay the billions required to bring together a collection of broadcast and cable TV programming that would rival current pay-TV services. “So, look, we are positioning ourselves strategically to be in a position to competitively compete around the whole mobile-first world and video.” “As far as, would we enable this platform to take us over the top - obviously we have our video digital media services that we have been working on for two and a half years,” Verizon CFO Fran Shammo said on the telco’s fourth-quarter 2013 earnings call. The telco also said it anticipates enhancing FiOS search and discovery, interactivity and cross-screen features integrated with Verizon Wireless’ 4G LTE network. Once the Intel transaction is closed, Verizon said, it expects to integrate the Internet Protocol-based TV services with FiOS video to further differentiate FiOS from traditional cable TV offerings and to reduce ongoing deployment costs. Separately, at the 2014 International CES earlier this month, Sony announced plans to test an over-the-top TV service sometime this year. The company said OnCue will let it develop “next-generation video services, both integrated with Verizon FiOS fiber-optic networks and delivered ‘over the top’ to any device.” Verizon didn’t provide details on when it might launch a virtual pay-TV service, which the telco may launch outside its FiOS footprint, or what it would look like. SEE ALSO: Why Cable Operators Might Be Secretly Rooting for Over-the-Top TV Services

We will have the opportunity to enhance, expand, accelerate and integrate our delivery of video products and services to better serve audiences on a wide array of devices.” “This transaction provides us with the capabilities to build a powerful, capitally efficient engine for future growth and innovation. “Verizon already has extensive video content relationships, fixed and wireless delivery networks, and customer relationships in both the home and on mobile,” McAdam continued. “The OnCue platform and team will help Verizon bring next-generation video services to audiences who increasingly expect to view content when, where and how they want it,” Lowell McAdam, chairman and CEO of Verizon, said in announcing the pact. Deal is subject to customary regulatory approvals and closing conditions and is expected to close early in the first quarter of 2014.