Verizon to offer new Video Streaming service

This is pretty interesting. This would probably be an ad-driven model for profit. That is one of the reasons that the Yahoo acquisition is important to it.


TechCrunch

Verizon CEO Lowell McAdam confirmed the company’s plans to launch an over-the-top streaming service later this year, according to a report from Variety, citing remarks the CEO made at a telecom conference in Boston this week. Verizon (which owns TechCrunch parent company AOL), will use the combined platform of AOL and Yahoo – and their 1.3 billion users – to test the new platform, McAdam said.

The company expects to close on its acquisition of Yahoo mid-June, so the over-the-top service could arrive any time after that.

Disney to create Content for SnapChat

More about the ecosystem for PicoP success.

Portable - Short - Good content -- supported by advertising.

That's perfect. (And it's not dependent on any particular platform.)

With this, and carrier specific video content (free to the users of the particular carrier.) the ecosystem is primed and very ready to use PicoP when it's available.


Reuters -- more at source.

The Walt Disney Company’s U.S. television arm will create shows for Snap Inc’s Snapchat, Disney announced on Wednesday, in Snapchat's latest deal with a major U.S. media company.

Financial terms were not disclosed.

Snap, which is preparing for next year's initial public offering, has signed a variety of advertising and content agreements this year with Viacom, Comcast’s NBCUniversal and Time Warner Inc’s Turner Broadcasting System Inc.

Media companies such as Disney partner with Snapchat in an effort to reach the type of younger viewers the social media company targets, which increasingly eschew traditional television. The two had previously worked together for a special Live Stories, a Snapchat feature that curates user-submitted photos and videos tied to a specific event, around ABC’s broadcast of the Academy Awards in February.

Unlike in Snapchat's other deals with media companies, where any ad sales responsibilities would be shared across both companies, Disney will control and sell all advertising for the shows it produces for Snapchat.