Telecommunications
-
Paramount Offers Free Digital Rentals of ‘Selma’
Paramount Home Entertainment is offering free rentals of Selma via digital platforms through the end of the month. Directed by Ava DuVernay, the film chronicles the story of how Dr. Martin Luther King Jr. led the march from Selma to Montgomery, Ala., to secure equal voting rights in an event that forever altered history. “55 … Continue reading “Paramount Offers Free Digital Rentals of ‘Selma’”
-
FuboTV Names Simone Nardi CFO
Live streaming platform fuboTV has named Simone Nardi CFO. Nardi is based in New York City and reports directly to CEO David Gandler. As CFO, Nardi leads all financial operations and strategy for fuboTV. He joins the streaming platform as it prepares to uplist to a major stock exchange following its merger in April with … Continue reading “FuboTV Names Simone Nardi CFO”
-
Ampere: One in Seven SVOD Homes Borrow Accounts
Over-the-top video use in homes is proliferating. So is the number of shared accounts between paying and non-paying users. New data from Ampere Analysis found that one in seven online video households worldwide are borrowing an account. An OTT borrower is anyone using a login for a subscription online video platform from someone outside of … Continue reading “Ampere: One in Seven SVOD Homes Borrow Accounts”
-
Dan York Named CEO of Cox Media Group
Dan York, former chief content officer at DirecTV and MediaPlay News “Digital Driver,” has been named CEO of Cox Media Group. York will be responsible for all aspects of managing the company’s media platforms and will oversee CMG’s long-term strategic priorities. Steve Pruett, who was interim CEO, will continue as executive chairman of CMG. He … Continue reading “Dan York Named CEO of Cox Media Group”
-
Cable TV Could Lose $1 Billion in Hidden Fees Revenue
Hidden fees on the typical pay-TV bill are the secret sauce that pad cable operators’ bottom line and state and local government coffers. The average cable bill includes $37.11 worth of added monthly fees (excluding $13.28 in taxes) that aren’t part of the advertised package price, according to new data from KilltheCableBill.com. A separate report … Continue reading “Cable TV Could Lose $1 Billion in Hidden Fees Revenue”
-
Pay-TV Lost Record 2 Million Subs in Q1
Another financial quarter, another 90 days of pain for the pay-TV market. The largest pay-TV providers in the U.S. — representing about 95% of the market — lost more than 2 million video subscribers in the quarter ended March 31, compared with a net loss of about 1 million subs in the same period last … Continue reading “Pay-TV Lost Record 2 Million Subs in Q1”
-
Stankey: HBO Max, AT&T TV Now Merger Possible
With WarnerMedia staking much of its future on over-the-top video and digital distribution, the May 27 launch of subscription streaming platform HBO Max could eventually spearhead a unified OTT product offering with digital TV service AT&T TV Now, a senior executive told a virtual investor event. Speaking May 13 remotely on the JP Morgan Technology, … Continue reading “Stankey: HBO Max, AT&T TV Now Merger Possible”
-
Report: 60% of MVPD On-Demand Viewers Report Increase in Use During Pandemic
Six in 10 U.S adult broadband users who use pay-TV on-demand services have increased viewing as a result of COVID-19 stay-at-home directives, with 19% reporting a significant increase, according to new research from The Diffusion Group (TDG). “Much has been written about recent spikes in the use of on-demand streaming video services such as Netflix … Continue reading “Report: 60% of MVPD On-Demand Viewers Report Increase in Use During Pandemic”
-
Verizon CEO: 800,000 Subs Can’t Pay Their Monthly Bill
Fallout from the economic shutdown across the country due to the coronavirus pandemic continues to reverberate with millions more filing for unemployment and not being able to pay their bills. Verizon CEO Hans Vestberg, appearing May 14 on CNBC’s “Squawk Box,” said about 2.5% of the telecom’s subscribers (about 800,000) can’t pay their monthly bill. … Continue reading “Verizon CEO: 800,000 Subs Can’t Pay Their Monthly Bill”
-
Global Pay-TV to Add 35 Million Subs by 2025 — Driven by Online TV
Pay-TV consumption in the United States is declining, but globally, there’s still life in the distribution channel — thanks to online TV. New data from London-based Digital TV Research suggests there will be 35 million new pay-TV subs through 2025, with the global base reaching 1.06 billion across more than 138 countries. Driving growth is … Continue reading “Global Pay-TV to Add 35 Million Subs by 2025 — Driven by Online TV”
-
Pay-TV’s Silver Linings Playbook: Broadband
With pay-TV distributors continuing to hemorrhage subscribers by the boatload, the growing void is being supplanted by a burgeoning new market: high-speed Internet — a prerequisite to over-the-top video consumption. The largest cable and telephone providers in the U.S. — representing about 96% of the market — added more than 1.16 million broadband Internet subscribers … Continue reading “Pay-TV’s Silver Linings Playbook: Broadband”
-
Pay-TV Pandemic: Record 2.33 Million Subs Lost in Q1
The steady drip of pay-TV subscriber losses has turned into a broken water main. New data from informitv finds that U.S. distributors lost a combined 2.33 million subscribers in the fiscal period ended March 31. Pay-TV operators’ combined sub count fell below 75 million, down from 84 million during the same period in 2018. AT&T … Continue reading “Pay-TV Pandemic: Record 2.33 Million Subs Lost in Q1”