News

Verizon FiOS growth slows as saturation nears

Verizon may have continued to add more FiOS Internet and video customers in the third quarter, but those gains were lower than what it reported in the same period a year ago, illustrating that it is continuing to reach the upper limits of penetration in its existing 13-state region. FierceTelecom's Sean Buckley has an expansive look at the market dynamics Verizon now faces here.

AMC pays $200M for 49.9 percent share of BBC America

Looking to bulk up as an independent cable programmer facing a wave of pay-TV consolidation, AMC Networks will pay $200 million to acquire a 49.9 percent share of BBC America.

Content spending for major SVOD services will rise to $6.8B in 2015, analyst says

The top three SVOD services, Netflix, Hulu and Amazon Prime, will collectively spend $6.8 billion to acquire already produced, non-original, "off-network" programming next year. That is 31 percent more than the $5.2 million they'll spend in 2014.

Comcast-TWC approval chances now stand at 75 percent, analyst says

Few people think that Comcast's proposed purchase of Time Warner Cable is in regulatory jeopardy. "But the market is worried," said high-profile media analyst Craig Moffett, citing the growing spread between the two companies' respective share prices--a metric that has swelled to over 8 percent, the highest it's been since the deal was first announced in February.

Federal court enjoins Aereo's live TV operations but leaves open cloud-DVR option

As expected, a federal judge has placed an injunction on Aereo's ability to stream the live broadcasts of major U.S. networks to IP devices. However, the court left open the possibility that Aereo could carry on, by delivering delayed broadcast feeds to subscribers as a kind of virtual DVR service.

Cable upfront dropped 6 percent to $9.6B, advertising bureau says

Giving specific size and scope to the advertising slowdown the TV business is currently experiencing, cable networks saw their collective upfront ad haul drop 6 percent over the summer to $9.6 billion, according to statistics released by the Cable Advertising Bureau.

TWC bill goes viral: What cable can learn from celebrities in the age of social media

Just as athletes, actors and other celebrities have to deal with a new code of conduct in a world in which words, images and video travel fast, pay-TV providers are finding that their misdeeds and customer unfriendly billing practices can assume an exaggerated presence on the Internet.

Liberty Global effectively splits company with introduction of Latin America tracking stock

Liberty Global said it will introduce a new tracking stock for its Latin American operations, splitting trading of its European cable operations and Latin American and Caribbean media businesses.

DirecTV techs file 24 labor complaints in last 7 days, report says

Employees of companies that perform technical work for DirecTV have filed two dozen federal lawsuits in the last seven days, arguing that they should treated as employees of the satellite operator.

What's Roku up to? Company raises another $25M

Streaming video company Roku revealed in SEC documents that it has raised an additional $25 million in private funding, putting its total backing at $153.1 million.

Comcast video sub losses fall to 81K, best Q3 performance in 7 years

Comcast reported third-quarter net income of $2.6 billion on revenue of $16.8 billion, up 4 percent year over year. Revenue from cable operations spiked 5.2 percent, with TV subscribers decreasing 81,000 for the quarter, down 36 percent from the 127,000 lost in Q3 2013.

As video service margins degrade, cable moves into the uncharted opportunity of carrier-grade Wi-Fi

The lightning-quick emergence of cable's carrier-grade Wi-Fi business is well timed, given the ongoing degradation of the business that built the cable industry, video services. Analysts predict cable Wi-Fi will grow, in about three years time, to become the primary mobile network, ahead of cellular. But what will the economics of these networks look like?

Cable sees big future in Wi-Fi as video gives way to OTT, high programming costs

The year 2014 may be remembered as one of the most transformational in the history of the cable business. While the sustained growth of video services has begun to give way to over-the-top distribution, a massive opportunity with unknown dimensions has quietly emerged.

AT&T adds 216K U-verse TV subscribers, passes 6M mark

AT&T reported $33 billion in consolidated revenue for the third quarter, up 2.5 percent year-to-year but missing investor forecasts by about $240 million. U-verse TV subscribers spiked at 216,000 in Q2, and U-verse high-speed Internet customers increased by 601,000.

Doing the forensics on online video's 'Boneyard': Why did platforms like Redbox Instant die so young?

Redbox Instant. Justin.TV. Xbox Studios. For every Netflix or Hulu, there's an online video programmer that started out with ambitious next-generation audience-building goals, but ended up in the "Boneyard" of failed next-generation programming initiatives.

Fast-growing SVOD won't displace pay-TV but will cut into premium services, Gartner predicts

Pay-TV remains the biggest segment on the overall consumer video services market, but it's masking an incendiary spending rise for SVOD services like Netflix and Amazon Prime Instant Video.

Suddenlink adds another non-Viacom network, Sony Movie Channel

Seeming to further distance itself from a program renewal deal with Viacom, Suddenlink has signed yet another carriage agreement with a smaller programming network, putting Sony Movie Channel on its program guide.

FCC pauses shot clock on AT&T-DirecTV merger, as Andreessen and Cuban offer their support

While that other big proposed pay-TV mega-merger has seen increasing amounts of flak thrown at it via FCC filings, the suggested union of AT&T and DirecTV seems to be mounting powerful backers in the media technology world.

Ergen 'digging his heels' in on 'now expendable' CNN, report says

With CNN's ratings hitting record lows recently, Dish Network chairman Charlie Ergen is using licensing renewal negotiations with Turner Networks to scale back on smaller services.

TWC rolls out six-tuner Arris DVR in NYC, L.A.

Time Warner Cable has officially entered the era of digital video recorder excess, announcing the rollout of its six-tuner, 1-terabyte DVR in New York and Los Angeles.