Verizon to Strike Netflix While the Iron is Hot (and Customers are Pissed)
Word to the wise, if you're planning to attack Netflix and make a serious attempt at stealing away its streaming customers, now is the time to do it. Netflix subscribers -- the ones who haven't fled -- are an excuse away from jumping ship, and surprising as it sounds, Verizon Communications might be the one to push them over the edge (insert your own 'Can you hear me now' joke here).
Reuters is reporting that Verizon plans to launch a standalone streaming media service for watching movies and TV shows over the Web. The company is in talks with programming partners, and if all goes to plan, Verizon will roll the service out in 2012 to around 85 million U.S. homes.
Color us skeptical. People with knowledge of the plans told Reuters programming would be limited, which is the last thing streaming refugees want to hear. Still, it's intriguing, unless you're a Verizon FiOS customer, in which case there's nothing to see here. As it stands, Verizon is only planning to launch its service in markets where it doesn't offer FiOS.