Verizon CEO confirms companys plan to launch a streaming TV service. Verizon CEO Lowell Mc. Adam confirmed the companys 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 Tech. Q0cwOui6uA0/hqdefault.jpg' alt='Bloomberg Tv Live Windows Media Player' title='Bloomberg Tv Live Windows Media Player' />Crunch parent company AOL, will use the combined platform of AOL and Yahoo and their 1. Mc. Adam 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. Mc. Adams statements largely confirm an earlier report from Bloomberg which disclosed Verizons plans to enter the over the top live TV market with a package of dozens of channels to be sold separately from its Fi. OS home TV offering. The service will also be separate from Verizons existing streaming video product go. The go. 90 service has been declared dead by at least one industry analyst its unit saw large layoffs at the beginning of the year, and the product has been rebooted. Despite the hype building up to its launch back in fall 2. Netflix, Hulu and Amazon. Verizon has to decide if its worth sinking more money into making go. But the interesting thing about Verizon entering the over the top market with its own live TV service is that it could become a home to go. That is, instead of trying to make go. Verizon if it was smart could use the content thats languishing over in that app, unviewed, to flesh out its live TV offering. That would give the company an advantage in a crowded market of streaming TV rivals. R8Mm__kibHDQ0uzl6cYy8KHWIvE2L03X-YLgScaqo4IcT1VuEnOW8Bj9-LZ3aVacg=h1080' alt='Bloomberg Tv Live Windows Media Player' title='Bloomberg Tv Live Windows Media Player' />For example, it would help it fight against Dishs Sling TV and Sonys Play. Station Vue, which both offer access to live TV and select on demand programming from broadcasters, but dont invest in originals. Vues first and only experiment with originals wrapped last year. Meanwhile, Verizons live TV service will also have to compete against Hulu, which does have its own original lineup and one thats now breaking through with its first truly big hit, The Handmaids Tale. You. Tube TV, too, will be a competitor to whatever Verizon introduces. And its originals via subscription product You. Internet television or online television is the digital distribution of television content, such as TV shows, via the public Internet which also carries other. That would give the company an advantage in a crowded market of streaming TV rivals. For example, it would help it fight against Dishs Sling TV and Sony. Purple69/v4/f0/e2/cf/f0e2cf82-e2ee-dddc-65e1-4c7ee5ab6e8d/source/1200x630bb.jpg' alt='Bloomberg Tv Live Windows Media Player' title='Bloomberg Tv Live Windows Media Player' />Investigators say the brazen robbery happened around 545 p. Chase Bank on South Broadway. Xbox Live is an online multiplayer gaming and digital media delivery service created and operated by Microsoft. It was first made available to the Xbox system in. Live business station that is devoted to financial and business news specific to the Asian market. Bloomberg. Tube Red are meant to appeal to a younger demographic, similar to go. Draw Program. Go. 90 today features content from Awesomeness. TV a company Verizon bought a 2. The service also has shows from Rooster Teeth, Buzz. Feed, Funny Or Die, College. Humor, Smosh, VICE, Elite Daily, Disneys Maker Studios, and others. Go. 90 and other Verizon properties can also stream NFL football games, thanks to its 2. Mc. Adams statements didnt offer much in terms of what Verizon has in store for its live TV service, only that its on the way. He did, however, hint at Verizons openness to M A opportunities, noted Variety. This is in reference to remarks he made in April, saying that the company would consider mergers with Disney, Comcast or CBS, if the possibilities arose. Ill say this about M A Theres a lot more energy on Wall Street and in the media than there is in most businesses at this point, Mc. Adam said, according to Varietys report. If there were an opportunity to accelerate the strategy, you should look at that. We could be a significant player for delivering broadband and video over the top, the CEO also said. Featured Image David RamosGetty Images.