One of the articles I've read suggested it might too little, too late, and I suspect that is true. The business model both Verizon and Comcast have been relying on is geared towards an aging population. I, myself, signed up for Amazon Prime. Because I have an X-Box 360 I can watch it on my really big screen TV. I can also sign up for Netflix, and Hulu should I want. So why do I need FIOS TV?
I don't. Everything is changing. Of course not everybody is going to change with the times. My 82 year old mother loves to channel surf. She rarely watches a show in its entirety. She is not alone. There are a lot of people out there who are just like her, they need the super smorgasbord of 189 channels. To them the idea of only watching a few shows is totally alien. Under the new Verizon 'skinny bundles' these people can have their addictions satiated, for a fee.
Will Verizon's act of desperation work? I suspect not. Will more networks and cable channels go the subscription route? I suspect so. If FIOS is still around 15 years from now, it's going to be a completely different beast. That is if it survives.