Intel had been close to signing the content deals it needed to launch its Internet-based TV service. Now it's up to Verizon to finally get the product to market.
Chip giant planned a subscription service to deliver live and on-demand content over broadband connections but ran into resistance from TV programmers.
The company is in late-stage negotiations with Verizon, according to a new report. The hand-off comes after reports have suggested Intel will roll out the service next year.
The telecom giant will work quickly to release the service that delivers live TV and video on demand over the Internet.
analysis Intel aspired to revolutionize cable and satellite with Web TV. Just because it failed doesn't mean Apple, Google, and the rest will too -- but they're no closer to a happy ending.
Chipmaker has been looking to unload the service, which was expected to be launched this year but has been delayed.
Internet-based pay-TV will bring some consumer perks, but the biggest beneficiary may not be who you think it is - or want it to be.
The chip giant is seeking partnerships with companies such as Amazon to save OnCue, its Internet-based video service, according to Variety and The New York Times.
The company's results got a pick-me-up from an after-tax gain stemming from adjustments to its pension and benefit plans.
The chip giant is looking for a partner to provide funding and distribution to get the set-top box to market by its year-end deadline, sources tell AllThingsD.