Google Plans to Maintain Current Spending on YouTube Red

Google plans to maintain its current level of spending on the YouTube Red streaming service for the next two years, unlike Amazon and Netflix, both of which continue to up their investments. After switching its video strategy more than once, YouTube is currently approaching entertainment in three ways: its YouTube Red on-demand streaming service, live video service YouTube TV, and a new music streaming product. YouTube Originals are a “driving force” on YouTube Red, says the company’s chief business officer Robert Kyncl. Continue reading Google Plans to Maintain Current Spending on YouTube Red

Viacom to Roll Out its Own Streaming Service Later This Year

Viacom, which has hinted it might introduce a direct-to-consumer streaming service, revealed it will launch such a service by September 2018, with “tens of thousands of hours” of content from such channels as Comedy Central, MTV and Nickelodeon. The company is not, however, going to produce a dedicated cable alternative for cord cutters, as have YouTube TV, DirecTV Now, Hulu Live and Fubo. The packaging of the content will more likely be competitive with Hulu and Netflix. Pricing details were not available. Continue reading Viacom to Roll Out its Own Streaming Service Later This Year

Sony, National Cable TV Group Ink Deal for PlayStation Vue

Sony Interactive Entertainment America and the non-profit organization National Cable Television Cooperative (NCTC) inked a deal that will allow local cable companies to offer Sony’s PlayStation Vue’s “cable TV bundle.” NCTC is a programming-and-hardware purchasing group for 850 cable and broadband systems in the U.S., serving more than nine million customers, mainly located in rural areas. In addition to the Sony deal, NCTC also made a deal with fuboTV, a startup that offers streaming sports channels. Continue reading Sony, National Cable TV Group Ink Deal for PlayStation Vue

Ad-Supported Streamer Tubi TV More Than Doubles Funding

Investors believe Tubi TV may be on the right track with its ad-supported streaming service that now offers more than 50,000 premium movies and TV shows for consumers willing to sit through four to five minutes of commercials for every half hour of content. The San Francisco-based service, which launched in 2014, has more than doubled its funding to $34 million with a new $20 million infusion from four VCs led by Jump Capital. According to Tubi TV founder and chief executive Farhad Massoudi, the service now has “many millions” of users. Continue reading Ad-Supported Streamer Tubi TV More Than Doubles Funding

AMC, Discovery, Viacom Mull a Sports-Free Streaming Bundle

Cable programmers such as AMC Networks, Discovery Communications and Viacom find themselves in competition with streaming Internet TV services. Consumers are cutting off expensive pay TV bundles in favor of skinny ones, and streaming services such as YouTube TV and Hulu are among those that pare down the offerings, leaving cable programmers in the lurch. In response, four to six pay TV providers are now in negotiations to create a new online service devoid of sports programming that would cost less than $20 per month.

Continue reading AMC, Discovery, Viacom Mull a Sports-Free Streaming Bundle

Comcast’s Upcoming Streaming Option to Target Cord-Cutters

Comcast is planning a third quarter launch for its expanded streaming video service called Xfinity Instant TV. The $15-$40 per month service, targeting broadband subscribers looking to opt out of traditional cable bundles, “will include major broadcast networks as well as add-on options for sports channels like ESPN and Spanish language channels such as Telemundo and Univision,” reports Reuters. The company hopes customers will later upgrade to the X1 platform. Xfinity Instant TV is a new version of its Stream service that was tested earlier in Boston and Chicago. Dish and AT&T are already targeting cord cutters, but “Comcast’s service is different in that it is limited to its territories and to its own broadband subscribers.” Continue reading Comcast’s Upcoming Streaming Option to Target Cord-Cutters

AMC Planning a New Streaming Service for Cable Subscribers

According to inside sources, AMC Networks plans to target millennials with its own ad-free, online streaming service. However, distinguishing itself from today’s collection of standalone options, AMC’s offering will reportedly be made available exclusively for cable subscribers, a move meant to support the pay TV industry as it faces a growing number of cord cutters. “AMC is discussing featuring digital-only spinoff shows of its existing programs like ‘The Walking Dead’ and is considering pricing between $4.99 to $6.99 a month,” reports Reuters. “Packaging the service as an add-on to existing cable bills allows AMC to curry favor with cable and satellite companies.” Continue reading AMC Planning a New Streaming Service for Cable Subscribers

Sony PS Vue Offers HBO, Cinemax as Standalones or Bundle

Following Sony’s recent announcement that the company’s PlayStation Vue streaming service would offer HBO and Cinemax, both premium cable channels are now available as standalones for $15 per month or as part of a new bundle. In addition, the HBO Now app launched yesterday on PS3 and PS4 consoles. According to The Verge, “the new Ultra bundle will include all of Vue’s current offerings, including HBO and Showtime, for $64.99 per month in most locations, and $74.99 per month in New York, Los Angeles, Chicago, Philadelphia, Dallas, San Francisco, and Miami. PlayStation says Vue is the first streaming service to offer live programming from HBO and Cinemax without a bundle subscription.” Continue reading Sony PS Vue Offers HBO, Cinemax as Standalones or Bundle

Comcast, Amazon Partner to Sell TV, Internet, Phone Services

Comcast now sells TV, Internet and phone service on Amazon.com in a new retail partnership that has been a year in the making. A new Amazon landing page — the Amazon Cable Store — sells Comcast’s Xfinity-branded bundles, with dedicated customer service for Amazon customers. Comcast, which hopes the relationship will improve its customer service image, also opened two customer call centers to focus entirely on Amazon-generated inquiries about Comcast sales, part of $300 million earmarked to improve customer service. Continue reading Comcast, Amazon Partner to Sell TV, Internet, Phone Services

Aereo Founder Introduces Starry, Low-Cost Wireless Internet

Chet Kanojia, who founded the now-shuttered Aereo, is attempting to circumvent Internet service providers with a new startup dubbed Starry. In development for a year, Starry will offer low-cost wireless Internet at speeds the company claims will be faster than wired broadband — and without any of the hassles of getting a technician out to the home to install and maintain the network. Needless to say, ISPs that provide broadband networks are not happy. Starry Internet will be offered first in Boston, beginning February 5. Continue reading Aereo Founder Introduces Starry, Low-Cost Wireless Internet

Cord Cutting Gaining Steam as Digital Video Services Grow

Television companies have been telling their investors that the slow decline of pay-TV subscribers will continue at a gentle pace. But new studies show that cord cutting has accelerated, most likely driven by an increased number of digital video services. By 2019, almost 23 percent of U.S. households are expected to have cut the cord. Among the newest services is a Yahoo app that helps viewers find TV shows from a variety of digital services and launch the titles in the smartphone’s video apps. Continue reading Cord Cutting Gaining Steam as Digital Video Services Grow

Apple Shelves Live TV Service, Opens App Store to Developers

Apple has put its plans to offer a live Internet-based television service — a package of 14 or more channels for $30 to $40 a month — on hold, say sources. Media companies balked at the prices Apple wants to pay, in order to keep its own subscription price low. Executives from Starz and other outlets have already stated they expect Apple and Amazon to pay more, not less, than existing distributors for media. Instead, Apple has pivoted to opening up its App Store so media companies to sell directly to customers. Continue reading Apple Shelves Live TV Service, Opens App Store to Developers

Prime Instant Video Heads to New Networks, JetBlue, Apple TV

Although Amazon won’t comment, those in the know say that the company will soon open up Prime Instant Video to other on-demand networks. With this move, Prime customers will be able to add other online subscriptions to their accounts, and Amazon will be able to aggregate its own network bundles. Amazon has also signed a deal with JetBlue to feature its streaming video and music services on the airline’s satellite Internet system, and Apple TV users will soon have access to a Prime Instant Video iOS app. Continue reading Prime Instant Video Heads to New Networks, JetBlue, Apple TV

With Elemental Buy, Amazon May Be Planning Pay TV Service

According to several sources, Amazon is reportedly looking into the logistics and costs of creating an online pay TV service by talking with multiple content owners about carrying their channels. These talks — with CBS and Comcast’s NBCUniversal — have been going on for several months, say the sources. Amazon already offers content via its Prime Instant Video streaming service, as well as producing its own TV content. A live service would put it in direct competition with other pay TV providers such as Comcast and AT&T. Continue reading With Elemental Buy, Amazon May Be Planning Pay TV Service

Disney COO Defends the Programming Bundle as TV Evolves

In the wake of pay TV subscriber losses and a falloff in content stocks, industry news has recently focused on the impact of the Internet, mobile apps and streaming services on traditional television. Disney chief operating officer Tom Staggs, who most analysts believe will be the successor to CEO Bob Iger, defended the future of ESPN and the programming bundle at an industry conference in Beverly Hills on Thursday. Staggs also suggested that Wall Street had overreacted to recent changes in the business and should not be so quick to dismiss the current model. Continue reading Disney COO Defends the Programming Bundle as TV Evolves

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