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.
Chip giant planned a subscription service to deliver live and on-demand content over broadband connections but ran into resistance from TV programmers.
Chipmaker has been looking to unload the service, which was expected to be launched this year but has been delayed.
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 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 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.
The company is testing its take on the TV set-top box with more than 2,000 employees, but the final version launching later this year will be very different from the trial product, CNET has learned.
Jim Baldwin, vice president and general manager of engineering for Intel Media, has left the company to pursue other opportunities.
Eric Free, vice president and general manager for content and services at Intel Media, also tells CNET he believes 2013 is the year that over-the-top video service really takes off.
Erik Huggers, general manager of Intel Media, confirms during an AllThingsD conference that the company will introduce a new Internet-based TV service this year.