Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Verizon adds college sports to mobile video service

Published 04/16/2015, 12:46 PM
Updated 04/16/2015, 12:51 PM
© Reuters. A cybersecurity expert monitors telecommunications traffic at a network operations center in a Verizon facility in Ashburn, Virginia

© Reuters. A cybersecurity expert monitors telecommunications traffic at a network operations center in a Verizon facility in Ashburn, Virginia

By Malathi Nayak

NEW YORK (Reuters) - Verizon Communications Inc (NYSE:VZ) will offer college sports programing in its upcoming online video service targeted at families and younger viewers who increasingly watch content on mobile devices, the company said on Thursday.

Verizon is expected to release its video service this summer and content from CBS Sports, ESPN, ACC Digital Network, Campus Insiders, and 120 Sports will be available later this year, the company said.

In March, Verizon announced a deal to add original online programing to its service from DreamWorks Animation and its AwesomenessTV unit that is known for creating popular content aimed at teens and younger adults known as millennials on Google Inc (NASDAQ:GOOGL)'s YouTube.

Verizon executives have said the company's "mobile-first" service will offer 20 to 30 channels and that they also see a market for streaming original content. 

© Reuters. A cybersecurity expert monitors telecommunications traffic at a network operations center in a Verizon facility in Ashburn, Virginia

More content deals are in the works and Verizon may rely largely on advertising for revenue from its upcoming online video service, company executives have said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.