Verizon confirmed earlier this year that it’s going to launch an online TV streaming service that’s going to compete with the likes of Sling TV, PlayStation Vue, and DirecTV Now. Many had expected that the company would roll out its very own standalone TV streaming service this year but that’s not likely now. According to a new report, Verizon has decided to delay the launch of its live TV streaming service.
Bloomberg reports that the timing of the launch is tentative and that Verizon is now looking to launch its TV streaming service in spring 2018. There’s also the possibility that the launch could be postponed further if negotiations for streaming rights, as well as technology reboots, require additional time.
The scribe also mentions that while Verizon has shared its online TV service plans with the networks, it hasn’t finalized the agreements that it needs with them. Until there are no agreements, Verizon’s live TV service is not going to have any content.
Previous reports have also suggested that the launch has been delayed. The scribe mentions that these repeated delays have started giving the impression that Verizon has strategically drifted from these plans. With no agreements in place with top media companies, one can argue that this seems to be the case now.