Intel sets up shop in TV industry's towns

Ahead of the planned introduction of Intel's (Nasdaq: INTC) new over-the-top TV service, the company has opened offices for its media unit in New York and Los Angeles, Reuters reported.

The new facilities put Intel's media team in closer proximity to executives at TV networks and studios who control the programs the company is seeking to license for its service.

Though it has yet to announce any deals with programmers, the company is still planning to introduce a pay-TV service later this year, an Intel spokesman told Reuters.

Intel is one of a slew of technology companies courting TV content owners this year. Reports have indicated that Sony, Google (Nasdaq: GOOG), Amazon (Nasdaq: AMZN) and Apple (Nasdaq: AAPL) are all seeking some form of rights from TV programmers.

For more:
- Reuters had this report

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