US firm Verizon may have to delay the launch of its online TV service until the end of the year, as executive turnover and debates about what the service will deliver have hampered progress, according to anonymous insiders. The Wall Street Journal reported that a number of senior executives at Verizon, including chief financial officer Fran Shammo and president John Stratton, are leaving their positions in recent months. Verizon plans to sell packages with dozens of channels that would challenge DirecTV, Hulu and YouTube, but is far from securing agreements with the most-watched networks.
US firm Verizon may have to delay the launch of its online TV service until the end of the year, as executive turnover and debates about what the service will deliver have hampered progress, according to anonymous insiders. Former Yahoo executive Erin McPherson has taken over negotiations following the recent departure of Ben Grad, former executive director for content strategy and acquisition. Verizon plans to sell packages with dozens of channels that would challenge DirecTV, Hulu and YouTube, but is far from securing agreements with the most-watched networks.