Verizon Wireless And Music Video Downloads

Verizon Wireless will offer free music downloads initially, then plans on charging $399 per music video download evetually.

Verizon, the first to offer U.S. video services to mobile phones with data speeds similar to home computers, will charge $3.99 for each music video download on top of the $15 a month it plans to charge for V Cast.

Mobile providers around the world see third generation (3G) data services, such as video downloads and Web surfing, as an alternative way to keep growing revenue as the price of mobile phone calls continues to decline. Verizon’s V Cast was first announced earlier this month at the Consumer Electronics Show.

Verizon also plans on selling games through their Vcast service. They are expected to charge $2.99 for a months worth of use or $9.99 for unlimited use of the game.

Read more at ExtremeTech

Source: Reuters