Verizon Video Service Set to Launch This Summer


In an effort to compete with other over-the-top video on demand, the Verizon video service is expected to launch later this summer.

CFO Fran Shammo said at a conference for investors that the service will target people who want to consume video through wireless connections, like smartphones or tablets.

Verizon also announced that it had inked a deal with DreamWorks Animation’s AwesomenessTV unit, which is aimed at teenagers and millenials. Verizon will also have a DreamWorksTV channel, which will have live action and “animated short-form content” with some of DreamWorks Animation’s characters.

There’s still no word on how much the service will cost, or if it will also have traditional TV programming on it, like Dish Network’s Sling TV service.