Verizon planning a Netflix competitor for non-FiOS markets


Reported first by Reuters today, Verizon Communications is preparing a streaming service that will offer movies and television shows to customers that don’t have access or currently subscribe to Verizon FiOS. While no pricing has been released for the proposed streaming package, the source told Reuters that the service would potentially launch during 2012. The programming would be limited to a couple packages of movies similar to the Starz package that’s currently available on Netflix until the contract expires in early 2012. One early candidate was the Epix library of content. All discussions between Verizon and potential programming partners are confidential at this time and the company isn’t expected to announce partners until the service officially launches.

xbox-360-fios-tvWhile Verizon has a subscriber base of 4 million FiOS TV customers and 4.6 million broadband customers, providing this type of streaming service will open up Verizon’s reach to approximately 85 million U.S. households. One of Verizon’s company goals is to acquire a larger FiOS subscriber base, thus lowering the cost of content per customer. With more customers, it’s easier to negotiate lower licensing fees for new content. With the launch of the Verizon FiOS application for Xbox 360 consoles, Verizon has already taken steps toward providing streaming programming. While the Xbox 360 app is currently limited to subscribers of Verizon FiOS service, the company could open up the app to all consoles by charging an additional fee for streaming content. 

According to Netflix CEO Reed Hastings, he believes that Netflix’s most fearsome competitor is the Time Warner-owned HBO Go. Hastings is concerned that HBO may go down the path of licensing other content on the HBO Go service. Both companies spend between $1 to $2 billion dollars a year on content, a large amount of money that would have to be provided for content by a new competitor like Verizon. 

Movies & TV

The show cost how much?! The priciest original series on Netflix

Netflix has spent big bucks on original series, which might be part of the reason why its subscription pricing is going up. Here's a look at some of the priciest series from the streaming service.

For Netflix, ‘Fortnite’ on YouTube is a bigger threat than HBO

In a letter to shareholders, Netflix explained that it views the video game Fortnite as bigger competition than HBO, with YouTube videos of the game drawing viewers away from the streaming platform.

Netflix’s latest price increase heralds the end of streaming’s golden age

Netflix’s recent price rise is just the latest in a string of signs that streaming’s golden age is nearly over. As more services enter the fray, content will be further partitioned, signaling the end of streaming’s good old days.

Microsoft CEO says Project xCloud is the ‘Netflix for games’

Microsoft CEO Satya Nadella referred to the company's Project xCloud game streaming service as "Netflix for games." The service will let users play Xbox and PC games on a variety of devices.

Amazon knocks $50 off the Sonos Beam soundbar and smart speaker

If you're looking to add some oomph to your home audio setup, then through February 3, the Alexa-enabled Sonos Beam is on sale for $50 off, bringing this excellent sound bar down to just $349 on Amazon.
Movies & TV

Out of movies to binge? Our staff picks the best flicks on Hulu right now

From classics to blockbusters, Hulu offers some great films to its subscribers. Check out the best movies on Hulu, whether you're into charming adventure tales or gruesome horror stories.
Emerging Tech

Awesome Tech You Can’t Buy Yet: camera with A.I. director, robot arm assistant

Check out our roundup of the best new crowdfunding projects and product announcements that hit the web this week. You may not be able to buy this stuff yet, but it sure is fun to gawk!
Movies & TV

Stay inside this winter with the best shows on Hulu, including 'Killing Eve'

It's often overwhelming to navigate Hulu's robust library of TV shows. To help, we put together a list of the best shows on Hulu, whether you're into frenetic cartoons, intelligent dramas, or anything in between.
Movies & TV

The best new movie trailers: ‘Spider-Man,’ ‘John Wick,’ Ghostbusters,’ and more

Everyone loves a good trailer, but keeping up with what's new isn't easy. That's why we round up the best ones for you. This week, it's the first trailers for Spider-Man: Far From Home and John Wick: Chapter 3.
Movies & TV

Best new shows and movies to stream: ‘American Crime Story’ and more

Need something to watch this weekend? Check out our list of the best new shows and movies to stream right now. On the list this week: The Assassination of Gianni Versace, Terry Gilliam's Brazil, and more.
Movies & TV

The best movies on Amazon Prime right now (January 2019)

Prime Video provides subscribers with access to a host of fantastic films, but sorting through the catalog can be an undertaking. Luckily, we've done the work for you. Here are the best movies on Amazon Prime Video right now.
Movies & TV

'Prime'-time TV: Here are the best shows on Amazon Prime right now

There's more to Amazon Prime than free two-day shipping, including access to a number of phenomenal shows at no extra cost. To make the sifting easier, here are our favorite shows currently streaming on Amazon Prime.
Home Theater

Ikea’s Symfonisk Sonos speaker coming in August, priced to “reach many people”

If details in a newly released video are true, we could be looking at Ikea's new Symfonisk speaker collaboration with Sonos to be in stores as soon as August. And the price? Within reach of "many people."
Home Theater

Report: Spotify preparing to launch $100 in-car streaming device

According to a report, people familiar with Spotify's plans say the company is readying a dedicated in-car music streamer that will cost $100. It will work with any Bluetooth-enabled audio system and can be controlled by voice.