iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

$INTC Said to be Near a Deal for Pay TV Service

Intel Corp. (INTC) is making progress in talks with Time Warner Inc. (TWX), NBC Universal andViacom Inc. (VIAB) to obtain TV shows and films for a first-of-its kind online pay-TV service, according to people with knowledge of the situation.

Intel, the world’s largest chipmaker, is negotiating financial terms with the companies, according to the people, who sought anonymity because the talks are private. The media companies have signed off on the broad outlines of the proposed service, they said, with some aspects still to be settled. Other network owners aren’t as far along, the people said….”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter