Netflix Chief Product Officer Neil Hunt has seen the future of TV, and it doesn't include commercials. Speaking at Internet Week New York, Hunt said that TV's future will include unbundled cable packages, more personalized content and the end of commercials.
Potential partners Comcast and Time Warner Cable were cellar dwellers in both the pay-TV service provider and ISP category of the recent American Customer Satisfaction Index of communications industries. Comcast nailed a pay-TV score of 60 and ISP score of 57, and TWC came in at 56 and 54 respectively on a 100-point scale.
Now that AT&T's bid to acquire DirecTV is official, and the FCC's rules for the spectrum screen and the 600 MHz auction are finalized, the merger-and-acquisition landscape in the wireless industry is now much, much clearer. Specifically, the proposed merger between Sprint and T-Mobile US appears significantly more daunting, and a Verizon purchase of Dish Network's spectrum appears somewhat more likely.
The sheer size of a merged AT&T-DirecTV entity should result in overall better video offerings and prices for consumers, executives from both companies suggested during a webcast detailing the proposed $48.5 billion acquisition.
Calling DirecTV the best video provider in the business, AT&T CEO/Chairman Randall Stephenson made video delivery across all screens--television and mobile devices--a key point in an investor call discussing its $48.5 billion acquisition of the satellite pay-TV provider.
AT&T's announcement that it will buy DirecTV in a $49 billion deal leaves Dish Network once again without a potential partner or suitor. However, analysts say the deal could be what pushes Dish and its Chairman Charlie Ergen to find a long-term wireless partner.
AT&T's bid to acquire DirecTV for $48.5 billion poses multiple challenges for the cable industry and, specifically, for Comcast's ongoing effort to acquire Time Warner Cable for $45.2 billion.
AT&T agreed to purchase DirecTV in a $49 billion deal that will make the telecom company a major powerhouse in the pay-TV market. AT&T will gain DirecTV's 20 million U.S. subscribers as well as access to a portfolio of content that AT&T will be able to distribute across mobile, video and broadband platforms.
A team of internal merger-and-acquisition wizards conjured up a succession of deals over two decades that turned Midwestern regional telco Southwestern Bell into AT&T, now the largest U.S. telecom carrier by revenue. And although this famed merger team was frustrated in its attempt to close a merger deal with T-Mobile US in 2011 after antitrust authorities stepped in, it is still chasing deals both large and small.
Comcast's proposed $45 billion acquisition of Time Warner Cable is not necessarily expected to punch up the volume of dealmaking this year, but it is expected to boost prices, according to a new study by PricewaterhouseCoopers.