Recently, Bloomberg reported that
DISH Network Corp.
) has decided to launch Internet TV service in late summer
(possibly Aug/Sep) this year. If successful in the endeavor, DISH
will be the first Internet TV provider in the U.S. Last year,
Intel failed in its attempt to launch similar products. DISH will
offer a full package of live-streaming TV channels to its
Technically, Internet TV is similar to cable TV offerings. The
lone difference being that cable TV can be watched only on
television sets, while Internet TV shows can be viewed using
tablets and smartphones. We believe that the growing deployment
of super fast 4G LTE wireless technology and significant adoption
of portable mobile devices are the primary reasons behind the
popularity of Internet TV.
Bloomberg also reported that major TV networks, such as, ABC,
CBS, FOX and NBCU are in talks with DISH about meeting several
conditions before streaming their TV shows. Through its existing
DishWorld network, the company is already offering live streaming
of a series of international TV channels over the web. DISH
currently has a Zacks Rank #3 (Hold).
Last month, DISH achieved a significant milestone by signing
an online pay-TV deal with the leading media mogul
The Walt Disney Co.
). The agreement allows DISH's customers to watch live shows of
several Disney channels on devices like PCs, smartphones and
tablets, thereby bypassing the need for a set-top box.
Moreover, Walt Disney dropped its earlier objection against
DISH's ad skipping Auto Hop device.
Internet TV is gradually gaining popularity in the U.S. In Jan
Verizon Communications Inc.
) purchased the unsuccessful Internet TV platform of Intel and is
currently negotiating with several content providers to live
stream their shows.
) recently entered into a partnership with Chernin Group to offer
Internet TV services by the end of this year. The company will
invest over $500 million in this venture.
DISNEY WALT (DIS): Free Stock Analysis Report
DISH NETWORK CP (DISH): Free Stock Analysis
AT&T INC (T): Free Stock Analysis Report
VERIZON COMM (VZ): Free Stock Analysis Report
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