Verizon Struggles to Sign Up Studios for Online TV
- Company planned to offer live web service by late September
- Carrier is still shaping strategy amid turnover on media team
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Verizon Communications Inc. is struggling to complete deals for the planned debut of a new online TV service, according to people with knowledge of the matter who said the company isn’t close to agreements for many of most-watched networks.
A plan to start selling packages with dozens of channels has slipped to fall from summer and could be put off further, said the people, who asked not to be identified discussing the private business negotiations. Executive turnover in Verizon’s video team and internal discussions over the specifics of the service are behind the delay, the people said.