Today Verizon announced an update to its V CAST mobile application, and a new name – Verizon Video. The new/old app will work with select handsets and give customers on-demand access to full episodes of televisions shows on major networks, and live streaming of major sporting and news events.

"Verizon Video offers access to more than 250 current, full-episode TV shows from all the major broadcast networks, including ABC, NBC, CBS and MTV, and popular cable channels such as Comedy Central, Animal Planet, CNBC, Disney Channel, ESPN and many others.  Programs from Cartoon Network, Disney Channel, Nickelodeon and PBS Kids among others will keep the kids entertained when away from the television.

Verizon Video delivers real-time action with many live sporting events available throughout the year.  Customers who subscribe to the service have access to premium video content as part of NFL Mobile from Verizon, including NFL RedZone on Sunday afternoons, NBC's Sunday Night Football and NFL Network – which airs seven days a week, 24 hours a day on a year-round basis."

The Android application is available to download now from the Android Market. Verizon Video costs $10/mo to use, plus any data charges you may incur from going over on your data plan, you can also test drive the app for $3 per 24-hour period.

Do any of you already use V CAST? What do you think of Verizon Video?