The company is currently in late-stage negotiations with Verizon, according to a new report. The handoff comes after reports have suggested Intel will rollout the service next year. October 30, 2013 6:28 AM PDT (Credit: Josh Lowensohn/CNET) Intel's long journey towards the creation of a television service might soon come to an end. The chip-maker is in late-stage talks with Verizon to hand over control over its Intel Media business, All Things Digital reported on Wednesday, citing people who claim to have knowledge of its plans. Intel Media is the unit that is charged with delivering a Web-based subscription TV service. Related stories Irony alert: Intel to make quad-core 64-bit ARM chip Judge OKs class action wage suit against Apple, others Dissecting Intel's top graphics in Apple's 15-inch MacBook Pro Intel announces imminent departure of Dadi Perlmutter Dell's Windows 8.1, quad-core tablet now on sale for $299 According to All Things Digital, its sources are unclear whether Intel would hand over the entire TV operation or if it would hold on to a piece. Verizon already offers a TV service through its FiOS unit, making it a seemingly reasonable partnership, should the companies go in that direction. Intel announced earlier this year that it plans to launch hardware and software that allows for live TV, on-demand, and streaming content viewing. The offering, dubbed OnCue, was supposed to be available this year, but has reportedly faced hurdles securing content deals. Last month, Intel pushed the product launch to 2014. Neither Verizon nor Intel have commented on their alleged plans to ink a deal. CNET has, however, contacted Intel for comment on the All Things Digital report and will update this story when we have more information.
The company is currently in late-stage negotiations with Verizon, according to a new report. The handoff comes after reports have suggested Intel will rollout the service next year.
Intel's long journey towards the creation of a television service might soon come to an end.
The chip-maker is in late-stage talks with Verizon to hand over control over its Intel Media business, All Things Digital reported on Wednesday, citing people who claim to have knowledge of its plans. Intel Media is the unit that is charged with delivering a Web-based subscription TV service.
Related stories
- Irony alert: Intel to make quad-core 64-bit ARM chip
- Judge OKs class action wage suit against Apple, others
- Dissecting Intel's top graphics in Apple's 15-inch MacBook Pro
- Intel announces imminent departure of Dadi Perlmutter
- Dell's Windows 8.1, quad-core tablet now on sale for $299
According to All Things Digital, its sources are unclear whether Intel would hand over the entire TV operation or if it would hold on to a piece. Verizon already offers a TV service through its FiOS unit, making it a seemingly reasonable partnership, should the companies go in that direction.
Intel announced earlier this year that it plans to launch hardware and software that allows for live TV, on-demand, and streaming content viewing. The offering, dubbed OnCue, was supposed to be available this year, but has reportedly faced hurdles securing content deals. Last month, Intel pushed the product launch to 2014.
Neither Verizon nor Intel have commented on their alleged plans to ink a deal. CNET has, however, contacted Intel for comment on the All Things Digital report and will update this story when we have more information.
