An industry analyst warned that the television industry is in for "a big, big shock" this year as Apple and Netflix transition into game-changing "superpowers" and break down international entertainment barriers and other traditional ways of providing media and entertainment.
As pressure from investors builds around putting up HBO's parent company Time Warner for sale, rumors are emerging that Apple is eyeing the company's sizable programming assets, as a way to make its entry into the SVOD market easier.
As reports swirl that Hulu is in talks to sell a stake in its business to Time Warner, a few industry watchers see the deal as not likely to happen, particularly under Hulu's current licensing model of next-day availability of broadcast content. Making a few changes to that licensing model, however, might make the SVOD provider more attractive to potential buyers.
The venture capital arms of cable companies Comcast and Time Warner Inc. are participating in a $30.5 million funding round for NextVR, a Laguna Beach, Calif., startup that broadcasts events in virtual reality.
Thanks to its own patents, iPass is touting a new service designed to give consumers more protection when they're hopping on public hotspots – and it's adding more hotspots to its Wi-Fi network with the addition of Time Warner Cable as a partner.
In recent statements, executives from 21st Century Fox, Time Warner and Discovery Communications appear to be working to put some distance between their companies and Netflix. As Re/code pointed out, investors now will likely be watching carefully during this third-quarter reporting period to determine whether major pay-TV programmers will further that trend.
Fixed-line content distributors such as Comcast and new mobile-first distributors like Verizon's go90 service all have the potential to be hugely popular OTT services, but only if they can figure out how to turn a profit on the data traffic around that service, a new report from Macquarie Research reveals.
Stocks for virtually all of the major media conglomerates have dropped sharply amid newly heightened concerns about the future of the pay-TV bundle.
HBO CEO Richard Plepler dismissed concerns that the company's new direct-to-consumer streaming service, HBO Now, is cannibalizing its core pay-TV product.
Time Warner-owned premium network HBO saw its second-quarter revenues grow to almost $1.44 billion, up 1 percent, or $21 million, from $1.42 billion a year previously, thanks to increased subscriptions. But the cost of launching its new standalone OTT service, HBO Now, exceeded that revenue gain.