Last year at this time, every technology news outlet and blog was busy proclaiming that Intel's planned subscription broadband live TV service was going to revolutionize the TV industry
. The tech press seemed confident the service would succeed where countless more innovative companies before before it failed, ignoring the fact that Intel -- like the rest -- ran into restrictive broadcast industry licensing designed specifically to prevent such services from launching.
One year later and Intel's TV service is on life support, reports last month stating that not only had Intel not struck any content deals, but that they might scrap the project. Now AllThingsD
quotes anonymous sources who say that Verizon could now acquire a large chunk of Intel's TV ambitions:
Sources say the chipmaker is close to a deal to hand over control of Intel Media, the unit that has been trying to build a Web-based subscription TV service, to Verizon, the telco that already operates a pay TV service. People familiar with the talks say the two companies are in advanced negotiations. But it’s unclear whether Verizon would take control of the entire Intel Media unit, or if Intel would retain a piece of the Web TV project or a say in its operations.
Except you can count Verizon as yet another company thwarted by legacy companies terrified of disruption. Verizon has been hoping to launch a live streaming TV service
outside of their traditional FiOS TV footprint for some time, but like Google, Apple, Intel, Microsoft and Sony before them, have found the content industry's refusal to budge an insurmountable obstacle toward serious TV innovation.