Raging against the dying of the light for nearly five months following its devastating setback in the U.S. Supreme Court, streaming service Aereo announced Friday that it will liquidate its assets through Chapter 11 bankruptcy protection.
Trumpeting the debut of U.S. pay-TV's first 4K service with a Nov. 13 press release announcing a hodgepodge of older Paramount titles and K2 nature films in the Ultra HD format, DirecTV said its subscribers needed only a Genie DVR and Samsung 4K TV set to enjoy the super high-resolution fare.
Putting an end to a protracted coverage stalemate for a high-profile regional sports network, the outlet previously known as CSN Houston relaunched Monday under the control of AT&T and DirecTV as Root Sports Southwest.
DirecTV on Friday became the first U.S. pay-TV operator to offer 4K/Ultra HD programming, delivering a seemingly random set of Paramount theatrical titles and K2 Productions nature documentaries to subscribers equipped with Genie DVRs and Samsung 4K televisions.
DirecTV sued Al Jazeera America in July to terminate its carriage agreement with the cable news network, claiming the channel's programming is not what it signed up for.
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.
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.
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."
UniTek, a Blue Bell, Penn.-based systems integrator servicing Comcast, DirecTV, AT&T and other top pay-TV operators, has filed for Chapter 11 bankruptcy protection and will restructure with its creditors taking ownership.