NEW YORK--Former Redbox Instant CEO Shawn Strickland is now overseeing Verizon's FiOS TV, Verizon Digital Media Services and Redbox Instant businesses following a reorganization that the telco implemented in late December.
Verizon said Tuesday that it plans to launch "next-generation" video services on its FiOS TV platform and through a new over-top-video service, using the OnCue interactive TV technology it picked up through the acquisition of Intel's Intel Media division.
Verizon Communications is talking to professional sports leagues and programmers about possibly streaming video wirelessly to subscribers, CEO Lowell McAdam said at an investor conference Monday. "I predict within the next two years you'll see some dramatic changes in viewership," McAdam said at the UBS Global Media and Communications Conference in New York.
As a Verizon quadruple-play customer, I've gotten used to seeing promotions for the new Redbox Instant streaming video service when I pay my bill online. It took the pitch to a new level Thursday morning, when it ran what could be compared to an online home page takeover ad. Before I could watch NBC's "Today" show, Verizon ran a static ad on my TV screen for Redbox Instant, offering one month of free service.
Verizon is talking to Intel about buying part or all of its Intel Media division, which has been developing a virtual pay TV service, AllThingsD reported Wednesday.
After generating increased subscribers and engagement for Redbox Instant in the third quarter, owners Verizon and Outerwall plan to step up marketing efforts in Q4, Outerwall CEO J. Scott Di Valerio said Thursday.
Chromecast, Google's new streaming media device, will see more support from online content providers soon. The device, which plugs into an HDMI port in a TV set and lets users control what's on TV with a smartphone, tablet or PC, was introduced with support for YouTube and Netflix apps.
Avail-TVN said it struck deals to supply subscription video-on-demand programming to Verizon's FiOS TV and Redbox Instant, the streaming video service that Verizon and Coinstar plan to launch next year.
Verizon and Coinstar won't launch their Redbox Instant by Verizon joint venture until as late as the second quarter of 2013, Verizon CEO Lowell McAdam said Tuesday.
Details including pricing and supported platforms have emerged about Redbox Instant by Verizon, the companies' joint online streaming venture, according to an article in GigaOM.