Former Intel OnCue chief Huggers leaving Verizon

Erik Huggers, the former chief of Intel’s OTT TV initiative, is to leave Verizon five months after the US telco acquired the OnCue platform from the chipset giant. Huggers, who worked on the Intel project for two years, told Reuters at the end of last week that he is to quit Verizon, a move seen […]

Intel sells TV business to Verizon

Intel has agreed to sell its cloud TV division, Intel Media, to Verizon, after failing to bring its much-anticipated OnCue TV service to market following more than two years of development.  The deal, which was agreed for undisclosed terms, includes all the intellectual property rights and assets related to Intel’s OnCue Cloud TV platform. Verizon […]

Verizon and Intel ‘close to agreeing TV deal’

US telco Verizon is reportedly close to agreeing a deal with Intel to buy the latter’s internet-based TV business.   Bloomberg reported that the deal could close as soon as this week, while The Wall Street Journal said separately that Verizon may pay less than US$200 million (€145 million) for the OnCue asset. Intel was […]

Intel reportedly seeking US$500 million for TV business

Intel is reportedly seeking roughly US$500 million (€369 million) for its OnCue internet TV business, as it tries to shed the yet-to-launch asset. According to a Bloomberg report, Intel is aiming to reach a sale by the end of the year, with Verizon, previously reported to be a front runner for the service, now said […]

Liberty Global ‘in talks to buy Intel’s online pay TV service’

Liberty Global is in talks with Intel to acquire its online pay TV service, according to business wire Bloomberg. John Malone’s cable giant would seek to use the set-top box service, which has not yet hit the market, outside of the US, according to the report. Acquisitions discussions are at an early stage and could […]

Intel reportedly close to selling web TV business to Verizon

Intel is reportedly close to signing a deal to sell Intel Media – the division tasked with building its web-based, subscription set-top TV service – to US telco Verizon. According to an All Things D report, which cites people familiar with the talks, the two firms are in “advanced negotiations” though it is unclear whether […]

Intel reportedly prepping OnCue TV brand name

Intel’s forthcoming TV service will reportedly launch under the name OnCue after applying for brand trademarks around the world. According to a GigaOM report, Intel, through a shell company called Sest, has registered OnCue trademarks in countries including the US, Canada and Mexico – as well as in Europe. Intel is also reportedly using integrated […]