Verizon Said to Be Planning Smaller FiOS TV Package for Sports

Verizon Communications Inc. is said to be shuffling its FiOS TV programming by offering select packages of channels aimed at viewers who don’t want to pay $89.99 a month for 500 channels they seldom watch.

Starting Saturday, FiOS will begin advertising an assortment of more targeted TV packages such as a sports bundle that includes Walt Disney Co.’s ESPN, according to a person familiar with the plan who wasn’t authorized to discuss it.

Verizon joins cable companies including Comcast Corp. that have offered introductory packages featuring a limited selection of channels for as little as $19 a month. The bundles tailored to viewer interests are a reaction to the threat from Web-based video streaming services such as Netflix Inc. and Inc. Dish Network Corp.’s Sling TV started in February with 20 channels for $20 a month. Verizon’s skinny bundles may cost $75 a month, the person said.

Since 2013, the number of traditional cable or satellite TV subscribers has remained almost unchanged. New customers have been offset by a growing number of those going without service, called cord cutters, in favor of online alternatives to expensive pay-TV bundles.

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