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Verizon plans online movie, TV streaming service

Quick ReadVerizon to take on Netflix, Hulu, Amazon with Web streaming programming

Verizon plans on expanding beyond its wireless and

Photo credit: AP | Verizon plans on expanding beyond its wireless and fiber-optic communication networks with a planned Web service that streams movies and television shows. (Oct. 30, 2006)

Verizon Communications Inc plans to launch a standalone service allowing customers to stream movies and television shows over the Web, in a fresh challenge to Netflix Inc and the traditional cable TV business, according to several people briefed on the plan.

The phone company is talking with prospective programming partners about the service, which would be introduced outside of markets where...

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