Liberty Global to acquire Intel pay-TV service

Source: Internet
Author: User
Keywords Intel Liberty pay TV
In addition, it is rumored that Verizon Communications is also in talks with Intel to acquire the project that the latter is developing. Liberty Global to acquire Intel pay TV Service (Tencent technology map) Tencent Science and technology snow November 13 compiled according to three people familiar with the news, Malone (John Malone) under the European cable TV operator Liberty Global is negotiating with Intel to acquire the online pay-TV service developed by the latter. The three anonymous sources said that Malone would use a system other than Intel to expand Liberty Global's operations, saying the talks are at an early stage and may not reach a final agreement, Bloomberg reported. Meanwhile, the source declined to comment on the transaction prices that were being negotiated. Liberty Global is headquartered in London, and its subsidiaries include Virgin Media, the United Kingdom, as well as business operations in Germany, Belgium and other countries. At least since the beginning of 2012, Intel has been developing online pay-TV services, and has pledged to start providing such services from this year. But the company is already starting to look for partners, as it is deterred by its own investment in huge cable-TV programs. A source familiar with the matter said last month that Verizon Communications, which owns a US fiber-optic television service, is in talks with Intel to acquire the project under development. Intel spokeswoman Chack Muroi Chuck Mulloy and Liberty Global spokesman Marcos Smith (Marcus Smith) declined to comment on the news. European operators are faster at launching Web services than pay-TV service operators in the US market. In the UK, BT Group has started offering free watch services to its broadband service users for paid sports. Liberty Global's Virgin Media said in September that it would bundle its cable TV service subscribers with streaming media subscriptions from Netflix. Liberty global shares have risen 26% per cent in trading in the New York market as of last year's strategic shift. Through Liberty Media, a Englewood at Colorado State, Malone has stakes in a number of pay-TV providers, including charter Communications, the US's fourth-largest operator. Intel, the world's largest chipmaker, has hired the BBC's former executive, Eric Huges Erik huggers, to run its digital media division in January 2011, as it is searching forFind new ways to deliver interactive content supported by its chips. Huges said in February this year that the company plans to offer online pay-TV services starting this year. Intel is developing this product named OnCue, designed to provide consumers with content that can be viewed on televisions, smartphones and other mobile devices. Mobile market while Intel has planned to provide both live and on-demand video, Brian Krzanich, the new chief executive who took office in May this year, has focused on the sale of more Blaine Clannick chips. Earlier this year, Intel decided to cut back on investments related to pay-TV services and start looking for partners with Intel's user base or the right to play video and TV dramas, a source familiar with the story said in September. Stacy Smith, Intel's chief financial officer, said in an interview on October 15: "The crucial thing for us is to have a wealth of content to offer, which will bring a great user experience, so we need to have the right partners." Stassy Smith In the end, (pay-TV services can be successful) is entirely related to the availability of users and viewers. ”
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