Intel (INTC) is "offering to pay as much as 75 percent more than traditional cable rates" to...

|About: Intel Corporation (INTC)|By:, SA News Editor

Intel (INTC) is "offering to pay as much as 75 percent more than traditional cable rates" to secure content for its Web TV service, Reuters reports. The higher rates likely have to do with Intel's upstart status, and its interest in offering features (e.g. an advanced cloud DVR) and more service flexibility (but not full-blown a la carte) than standard pay-TV offerings. Intel is said to have reached agreements with CBS, News Corp., and Viacom "over how their content would be distributed;" talks with NBC Universal are said to be less advanced. A March report indicated Intel had "signed off on the broad outlines of its service" with Time Warner, NBC, and Viacom. (previous)