Intel looking to sell its DOA Internet TV service for $500 million

Intel looking to sell its DOA Internet TV service for $500 million
Intel, which has been working on their OnCue Internet TV platform for two years, is looking to sell the project for $500 million and to complete the deal before the end of the year.

The service, which has been delayed three times as Intel struggles to close deals with content providers, could be sold in part to Verizon Communications.



In 2011, Intel began its venture into Web TV by hiring Erik Huggers, who previously led web video for the BBC. Huggers was put in charge of creating an Intel-built set-top box and an Intel-branded pay TV service that could be accessed via desktops, the set-top or other Internet-connected devices.

As expected, Intel had issues gaining content for the "OnCue" service due to its lack of connections in the industry, and a mid-July 2013 launch was pushed back indefinitely.

Intel then began looking for strategic partnerships to help distribute OnCue, talking with Netflix and Amazon to no avail. Verizon, on the other hand, already offers pay TV via FiOS and also offer Redbox Instant, a movie rental service.

Written by: Andre Yoskowitz @ 26 Nov 2013 23:36
Tags
Intel OnCue
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  • 5 comments
  • SomeBozo

    Might be just me, or Intel never considered the naming/branding for the product?

    Really DOA -- Dead on Arrival?

    27.11.2013 00:38 #1

  • DDR4life

    Originally posted by SomeBozo: Might be just me, or Intel never considered the naming/branding for the product?

    Really DOA -- Dead on Arrival?
    Lol. That really cracked me up.

    However, if you were serious, this might clarify things a bit: "Intel, which has been working on their OnCue Internet TV platform for two years ..."

    Cheers.

    27.11.2013 05:21 #2

  • hearme0

    "DOA" meaning a loose term for NEVER HAPPENED!

    Quit with the semantics.

    SO basically Intel is selling an incomplete with content yet to be determined P.O.S.

    27.11.2013 17:54 #3

  • DDR4life

    Originally posted by SomeBozo: Might be just me, or Intel never considered the naming/branding for the product?

    Really DOA -- Dead on Arrival?
    @hearme0
    Based on his post, SomeBozo obviously misunderstood. All I was pointing out was that Intel had named their service OnCue. The author of this article was the one who decided to call said service Dead On Arrival.

    For the record, I happen to agree with you. An incomplete service with content that is yet to be determined, is indeed a P.O.S.

    4.12.2013 14:24 #4

  • SomeBozo

    Originally posted by DDR4life: Originally posted by SomeBozo: Might be just me, or Intel never considered the naming/branding for the product?

    Really DOA -- Dead on Arrival?
    @hearme0
    Based on his post, SomeBozo obviously misunderstood. All I was pointing out was that Intel had named their service OnCue. The author of this article was the one who decided to call said service Dead On Arrival.

    For the record, I happen to agree with you. An incomplete service with content that is yet to be determined, is indeed a P.O.S.
    Fair enough, this is an great example where i don't like the press/media playing fast and loose with the facts. The author for the article should not interject or distort the facts in order to be cute with the issues involved, just add confusion as you kindly pointed out.

    4.12.2013 14:39 #5

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