Google Might Develop Paid TV Services

in Informative
Author: 
http://jotzoom.com

Google might be expanding its area of influence and might enter the paid cable services. Wall Street Journal reports that Google has discussed with major companies like Walt Disney Co., Time Warner and Discovery Communication about the potential of such of delivering video services but it seems that the first round of talks on the matter did not lead to any definite decisions.

If the talks begin to materialize it seems that Kansas City will be the first region to enjoy the new services provided by the internet giant, since Google hired a former cable TV executive, Jeremy Stern. On the other hand, Google’s representatives chose not to comment the rumors and speculations that have emerged so far.

The new potential project will greatly intensify the on-going competition between traditional companies offering cable services along with subscription based satellite TV service.

It remains to be seen whether entertainment companies will be willing to license their programs, however historically speaking, these companies were more than willing to embark in such projects, provided that profit opportunities were attractive enough.

click to enlarge
©