AT&T will acquire Mexican wireless network operator Iusacell for $2.5 billion, a figure that includes Iusacell's debt. With the acquisition, AT&T said it will gain Iusacell's 8.6 million wireless customers, its 3G GSM/UMTS network that covers roughly 70 percent of Mexicans, and the ability to offer "the first-ever North American Mobile Service area covering over 400 million consumers and businesses in Mexico and the United States," the company said.
The National Labor Relations Board has charged Cablevision CEO James Dolan with threatening to withhold pay raises to his company's Brooklyn tech workers unless they voted to quit their union.
Pay-TV operators lost a total of 179,000 video subscribers in the third quarter, more than double the 83,000 lost in Q3 2013. On Friday, that was definitive evidence enough for the Wall Street Journal to loudly declare that "'Cord cutting' is accelerating as more consumers drop cable and satellite-TV connections."
It has already cleared the Senate Commerce Committee, but a push is being made to let STAVRA expire on Dec. 31 if language isn't removed from the bill that stipulates the end of the CableCARD rule.
Marking one of the first high-profile moves under Comcast's new "customer experience" czar, Charlie Herrin, the MSO has apologized for technical problems experienced this week by X1 pay-TV customers.
Disney may have negotiated ample streaming rights for ESPN as part of its recent programming deals, including the just-signed $1.5 billion-a-season agreement with the NBA, but the media conglomerate has no plans to take ESPN a la carte anytime soon.
Slipping into hibernation mode as it waits for the FCC--and the courts--to give it new life by declaring it a multichannel video programming distributor with all the riches that entails, Aereo has decided to shutter its Boston office, laying off 43 employees. An undisclosed number of employees will also be laid off from its New York headquarters. FierceOnlineVideo has a report here.
Shedding a bit of light on the first 4K/Ultra HD programming service provided by a pay-TV operator, DirecTV said its new offering is still on track to launch in the fourth quarter of this years.
Amid uncertainties about the futures of the ad market, the pay-TV bundle, and over-the-top distribution, the issue of cord cutting has been quiescent in third-quarter pay-TV earnings reports, says MoffettNathanson principal analyst Craig Moffett in a memo released Thursday.
Comcast's X1 platform experienced its second major outage in less than a week Wednesday, with reports of pay-TV outages spread across the nation and concentrated in major cities including Chicago, Boston and Philadelphia.
In the not-too-distant future, humans will begin to colonize Mars, genetically engineered fish will secrete their own natural tartar sauce, and 9.1 billion mobile subscriptions spread out all over the world will consume 50 percent of the earth's mobile traffic with streaming video.
Signaling a concerning trend for pay-TV operators in the North American market, DirecTV reported subscriber losses of 28,000 for the third quarter. This compares unfavorably to the 139,000 U.S. customers DirecTV added in Q3 2013.
Continuing a third-quarter trend for pay-TV operators, Cablevision reported significant losses of 56,000 TV subscribers but saw revenue increase 3.7 percent to $1.63 billion, driven by higher customer fees.
As he aggressively dragged a program licensing dispute into Dish Network's third-quarter earnings report Tuesday, I had to chuckle a bit at this particular Charlie Ergen barb: Choosing to permanently ditch Turner Networks' channels, he said it "would be a little bit tougher if their original programming was a success like AMC."
CBS Corp. and Discovery Communications have confirmed in their separate third-quarter earnings reports that their programming has been licensed by Sony for the launch of the Japanese conglomerate's upcoming virtual pay-TV service.
Responding somewhat rationally and unemotionally to a rather vicious earnings-call assault rendered upon it Tuesday by Charlie Ergen, Turner Networks released a statement saying it's "disappointed" and bewildered with the Dish Network chairman's comments.
The FCC has denied a request made by top media conglomerates to restrict access for 245 individuals to see deal-related documents as part of ongoing pay-TV merger reviews.
Drawing clear battle lines of what CBS should expect as it looks to aggressively grow its broadcast retransmission fees amid its launch of OTT platforms, Dish Network Chairman Charlie Ergen confirmed that the newly launched CBS All Access is a major factor in his company's ongoing retrans renewal talks with the network.
Shrugging off a sluggish ad economy with growing subscription fees for their cable networks, both Time Warner Inc. and 21st Century Fox posted better-than-expected third-quarter earnings results Tuesday.
While it's good to see the FCC finally recognize that regulations for facilities-based MVPDs are anachronistic, the commission revealed its naiveté of over-the-top distribution by not acknowledging the impracticality of online video for live linear broadcasts. That's the conclusion of analyst Joel Espelien of The Diffusion Group. His latest report can be found here, distilled by FierceOnlineVideo.