Intel’s Push Into Web TV Hits Delays
Intel Corp.’s effort to develop an Internet-based TV service and associated hardware is taking longer than expected, people familiar with the company’s plans say, in part due to delays in reaching content agreements with media companies.
The chip maker’s surprise interest in the crowded pay TV business was disclosed last March by The Wall Street Journal, which reported Intel had told media companies it hoped to launch a service by the end of 2012. The timing now seems uncertain.