- With Intel (INTC) at risk of missing a year-end target for launching its Web-based pay-TV service thanks to stalled licensing talks, Bloomberg reports the chip giant is "seeking partnerships to jumpstart the project." In particular, a partner "with a base of Internet subscribers or rights to films and television shows."
- AllThingsD reports something similar, while adding "it’s possible the project will be scrapped" if a partner isn't found. Intel is said to be talking with Amazon (AMZN) and Samsung (SSNLF.PK, SSNGY.OB) about a possible deal.
- Bloomberg's sources claim the project has slowed since Brian Krzanich, who is more interested in Intel's mobile chip progress, became CEO.
- Intel has bought startups to strengthen its TV efforts, and has promised novel features such as a cloud DVR service that stores every item of programming for 3 days. But reaching content deals with media giants has reportedly been tough, thanks partly to the objections of pay-TV incumbents such as Time Warner Cable.
Reports: Intel TV project in trouble, talks held with Amazon and Samsung
Sep 26 2013, 18:34 ET