Viacom said revenue dropped 14 percent, during the second quarter,m to $3.24 billion as a result of decreased ad revenue from Nickelodeon and other cable networks, and the performance of movies from its Paramount Pictures unit.
DirecTV expects to report increased subscriber churn during the third quarter, as a result of a now-resolved dispute with Viacom, which left subscribers unable to watch Nickelodeon, Comedy Central and 15 other networks for 10 days in July, CEO Mike White said Thursday.
DirecTV said Thursday that it lost 52,000 subscribers during the second quarter of 2012, marking the first time since it debuted in 1994 that the nation's top satellite TV provider has ended a quarter with fewer customers.
A "complex Web of vested interests" is flummoxing the pay-TV world's entry into a consistent online-video strategy, according to a story in Variety, which suggested that MVPDs offer "a dizzying hodgepodge of windowing strategies across digital platforms."
The global investment bank Jefferies & Company Inc. this week initiated coverage of the cable- and satellite-TV sector, and recommended that its clients buy shares of Comcast, Time Warner Cable and DirecTV.
DirecTV on Monday stepped up efforts to get subscribers of its NFL Sunday Ticket package to renew, offering free subscriptions for the 2012 season to customers who order an NFL Extra Points credit card from Barclays.
DirecTV appears to be signaling an interest in partnering in some fashion with Clearwire, based upon a recent filing it made with the FCC.
FierceWireless takes a look at rumors that DirecTV could team up with Clearwire in a bid to market the company's WiMAX services to its satellite TV customers.
A Verizon FiOS-festooned van recently parked just outside the 104-home enclave where I live. Presumably, some techs were messing with the telco's equipment hidden in a little wooded area there. They were not, I know, doing anything about connecting FiOS from the fiber running down the nearby county road and into my fiber-rich, FiOS infrastructure-prepared community.
DirecTV and Viacom have come to an agreement, ending their 10-day contract dispute and returning Viacom's channels—including MTV and Comedy Central—to the DirecTV lineup.