Google unveils its TV plans
The search giant gives more details about its new 'Google TV' service, which it plans to launch this fall.
Google (GOOG) said it will launch a free service this fall that lets people browse the Web on their televisions, joining a growing crowd of companies fighting for a piece of the living room.
The company is working with television-set makers to add "Google TV" to new sets, and has so far signed Sony (SNE) as a partner, Reuters reported. Samsung is also considering the plan.
"Once you have Google television, you're going to be very busy," said Google chief executive Eric Schmidt Tuesday as he demonstrated the product in Berlin, according to Wired. "It's going to ruin your evening."
The idea behind Google TV is that in the future, all TVs will have Internet access. If televisions can get to the Web, users will surely be searching on Google from the sofa.
But Google wants more than that. Google TV will likely have its own remote control and keyboard. And when you push the "search" button, a box appears that lets you browse the Web or watch TV shows, online video clips and other content, Wired reports.
Post continues after video:
It's no coincidence that Google is reportedly planning to offer full-length movie rentals on YouTube soon.
Google's announcement comes on the heels of Apple's (AAPL) new Apple TV service, which offers rentals of movies and shows through a small device that connects to the TV.
Other companies that are working feverishly to conquer the same territory include Netflix (NFLX), Microsoft (MSFT), TiVo (TIVO) and Amazon (AMZN). (Microsoft publishes MSN Money.)
More from MSN Top Stocks:
- Apple makes a big TV bet
- Google TV to launch this fall
- Netflix fights back, expands online library
- Netflix CEO reels in the dough
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
These companies won't soar like other plays in the sector, but they make for great income sources.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.