labels: industry - general, it news
Verizon near web video deal with YouTubenews
08 November 2006
Mumbai: US telecom major Verizon Communications Inc is in advanced talks with YouTube Inc. to bring the web site's videos to cellphones and television sets, the Wall Street Journal reported.

If a deal materializes, it would give Verizon, the No. 2 US telecommunications company, a marketing edge over its rivals in the wireless and cable industries, furthering the company's efforts to expand into internet and entertainment services, the report said.

Under the terms being discussed, customers of Verizon Wireless - Verizon's joint venture with Vodafone Group Plc - would be able to view some YouTube videos on their cellphones through the carrier's premium V Cast service.

Verizon also would offer YouTube videos as an on-demand feature of a TV service it is launching throughout US.

A deal may give Verizon the exclusive right to carry YouTube videos for a limited period of time, one person with knowledge of the discussions.

The deal "could advance the long-expected convergence of video and cellphones," the paper added.

YouTube recently agreed to be bought by Web search leader Google Inc. for $1.65 billion.


 search domain-b
  go
 
Verizon near web video deal with YouTube