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December 7, 2011 05:39 am GMT

Verizon Planning Netflix Competitor For 2012 Debut

UT37X902 Front FCable TV and internet giant Verizon is planning a streaming media service similar to Netflix, according to a Reuters report. The service is in the planning stages and people close to the matter, but apparently not that close, described it to Reuters variously as limited in scope, focused on movies, and focused on children's programming. While it can't be all three, it probably will feature on-demand movies and premium show streams, presumably delivered with that signature Verizon style.

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