via Cord Cutters News
By Luke Bouma
March 31, 2017
First this week we learned that Comcast is planning to launch a live TV streaming service this year. Now it is reported that Verizon is also planning to launch a live TV streaming service this summer.
Bloomberg reported yesterday that Verizon Communications Inc. has been securing streaming rights from television network owners for a nationwide launch of a live online TV service, according to people familiar with the matter.
Verizon’s service is aimed to take on their main competitors Dish and AT&T with their Sling TV and DIRECTV NOW streaming service and even PlayStation Vue. The live, over-the-internet TV service would be a first for Verizon — separate from go90, a YouTube-like streaming-video service aimed at teens — and also independent of its FiOS home TV offer, accourding to Bloomberg’s sources.