Comcast to Invest $2 Billion in Peacock Streaming Service

Comcast chief financial officer Mike Cavanagh announced that the Philadelphia-based telecom giant plans to invest $2 billion in NBCUniversal’s streaming service Peacock during 2020 and 2021, with the expectation that it won’t be profitable for five years. Cavanagh, who spoke at the UBS Global TMT Conference in New York City, added that the spending will represent, at its height, only about 1 percent of Comcast’s annual revenue. Comcast pay-TV subscribers will have free access to Peacock, scheduled to debut in April 2020. Continue reading Comcast to Invest $2 Billion in Peacock Streaming Service

Pay TV and Cable Companies Aim To Limit Password Sharing

HBO, Netflix and major cable companies have joined forces to crack down on password sharing. The group is discussing ways to close that loophole, which, with piracy, is costing them a projected $6.6 billion in lost revenue this year. According to sources, among the potential measures are to require customers to periodically change their passwords, or to text codes to subscribers’ phones that they’d need to enter. Another option would be to make rules on devices that can be used to access a subscription outside the home. Continue reading Pay TV and Cable Companies Aim To Limit Password Sharing

Holoride, Ford, Universal Partner for In-Car VR Experience

Tech startup holoride has teamed with Ford Motor Company and Universal Pictures to create an immersive VR experience called “Universal Monsters Presents Bride of Frankenstein holoride.” The complimentary ride is being offered during select dates from October 14 to November 9 at Universal CityWalk Hollywood. “They are rolling it out at the theme park, but it could be featured anywhere because it is GPS-based,” explained ETC’s Phil Lelyveld, who recently previewed the ride with colleague George Gerba. “It adjusts to the location and the route. So it could be a touring experience, could be offered at store openings, etc.” Continue reading Holoride, Ford, Universal Partner for In-Car VR Experience

Federal Appeals Court Offers Mixed Ruling on Net Neutrality

The U.S. Court of Appeals for the District of Columbia Circuit yesterday upheld the federal government’s repeal of net neutrality in the latest ruling that impacts how companies connect people to the Internet. However, the appeals court also ruled that the FCC had overstepped in its decision to prevent state and local governments from establishing their own related rules. The mixed ruling will likely lead to continued debate over net neutrality regulation, especially on the state level. It is also seen as a victory for the Trump administration, which has supported deregulation, and FCC chair Ajit Pai, who believes the repeal is good for the economy and fosters innovation. Continue reading Federal Appeals Court Offers Mixed Ruling on Net Neutrality

NBCUniversal to Launch Peacock Streaming Service in April

In April, NBCUniversal will introduce its streaming service, dubbed Peacock, and join the ranks of other streaming services to debut in the next few months. Apple TV+ will unveil November 1; Disney+ on November 12, and HBO Max from WarnerMedia, also in April. Peacock will have 15,000 hours of content on both its ad-supported and subscription-based services, including complete seasons of some of its most popular shows. In June, said a source, the company paid $500 million to regain rights to “The Office.” Continue reading NBCUniversal to Launch Peacock Streaming Service in April

Phone Companies Adopt New Plan to Combat Robocallers

A dozen major phone companies — including mobile and broadband service providers such as AT&T, Comcast, Sprint, T-Mobile and Verizon — are teaming with 51 attorneys general from across the U.S. to introduce call-blocking tech and additional measures designed to help regulators take on scammers by preventing robocalls. According to Irvine, CA-based call-blocking service YouMail, robocalls reached 4.7 billion consumers in July alone. “Robocalls are a scourge — at best, annoying, at worst, scamming people out of their hard-earned money,” said North Carolina attorney general Josh Stein. Continue reading Phone Companies Adopt New Plan to Combat Robocallers

Consumers Top Cable Data Limits by Streaming 4K Video

Some consumers who binge on Netflix shows and other streaming programs in Ultra HD are beginning to feel the financial pinch. The 4K content quickly eats up users’ data caps — and costs them extra money for more high-speed Internet access. The number of such “power users” has reportedly doubled in the past year, and shows no sign of decreasing as more companies are unveiling new streaming video services. Consumers who watch a lot of video content may have few options except to upgrade to an unlimited data plan. Continue reading Consumers Top Cable Data Limits by Streaming 4K Video

Comcast Expands Eligibility For Low-Cost Broadband Plan

Comcast has expanded its Internet Essentials program to make inexpensive broadband Internet available to any eligible low-income customer. Currently, according to U.S. Census data, in cities with the highest poverty rates, households are ten times more likely not to have broadband compared to households in wealthier cities. With Internet Essentials, the nation’s largest cable provider will help close the so-called digital divide, offering 15Mbps download speeds for $9.95 per month, which is $40 less than its typical service. Continue reading Comcast Expands Eligibility For Low-Cost Broadband Plan

Broadcasters File Federal Suit to Stop TV Streamer Locast

CBS, Disney’s ABC, Comcast’s NBCUniversal and Fox are suing non-profit streaming service Locast in U.S. District Court in the Southern District of New York. Locast, funded in part by AT&T, retransmits local television stations without permission, free to consumers. The Supreme Court shut down Aereo, which streamed content without permission in 2014. Locast says its status is legal under the Copyright Act of 1976, because, unlike Aereo, it is a non-profit operating “booster” and “translator stations” that strengthen a TV station’s signal. Continue reading Broadcasters File Federal Suit to Stop TV Streamer Locast

Dish Purchase Opens Door to Merger of T-Mobile and Sprint

Following weeks of negotiation, Dish Network has agreed to pay about $1.5 billion for T-Mobile and Sprint’s prepaid mobile businesses and about $3.5 billion for their spectrum. The deal’s terms prevent Dish from selling the assets or transferring control of them to a third party for a period of three years. The Justice Department is set now to approve the $26.5 billion merger of the two mobile phone carriers, said sources, which would position Dish to become the No. 4 wireless carrier in the U.S., replacing Sprint. Continue reading Dish Purchase Opens Door to Merger of T-Mobile and Sprint

FCC Proposal Restricts Local Regulation of Cable Networks

FCC chair Ajit Pai has put forth a plan to prevent cities and towns from regulating Internet access via their authority over cable TV networks and limit how much cities can charge cable companies. The cable industry has long lobbied for these changes; Pai’s proposal will come to a vote at the FCC on August 1. Pai’s proposal states that “some states and localities” are collecting fees and imposing requirements not “explicitly allowed” by Title VI, the cable regulation section Congress added to the Cable Act of 1984. Continue reading FCC Proposal Restricts Local Regulation of Cable Networks

Internet Providers Positioned to Mine Data for Targeted Ads

Broadband Internet providers gather masses of data on consumer behavior but thus far have been slow to use that data for targeted advertising. However, as cable and telecom companies feel the negative impact of cord-cutting, they are beginning to look to their broadband units to make up the shortfall. AT&T and Google Fiber already mine customer data, but Altice USA, Comcast, Charter Communications and Verizon Communications have been reluctant to either gather or use personal data, for fear of customer pushback. Continue reading Internet Providers Positioned to Mine Data for Targeted Ads

Hulu Strategizes Ad Sales as Marketers Migrate Back to TV

Streaming video service Hulu, co-owned by The Walt Disney Company and Comcast and controlled by Disney, began lowering its CPM advertising rates (the amount charged to reach 1,000 viewers) to lure marketers to commit dollars to its site, according to several sources. Hopeful to boost ad sales, the company is implementing this strategy as major broadcast television networks are expected to secure increased ad commitments for the fall prime time schedules. Although viewers are migrating to streaming video services, marketers have been returning to broadcast TV, which is a known and trusted outlet. Continue reading Hulu Strategizes Ad Sales as Marketers Migrate Back to TV

Deloitte: More Millennials Subscribe to Games Than Pay TV

According to Deloitte’s 13th annual digital media trends survey, more millennials in the U.S. currently subscribe to a game service than to a traditional pay TV service. Approximately 53 percent of those born 1983-1996 pay for gaming services, while 51 percent from the same age group pay for television. Last year, Deloitte found that 44 percent of U.S. millennials had paid subscriptions for video games and 52 percent for television. Results of the latest survey were revealed as new game services from the likes of Apple, Google, Microsoft, Ubisoft and others have recently debuted or are planned to launch soon. Continue reading Deloitte: More Millennials Subscribe to Games Than Pay TV

Google and Microsoft to Intro Cloud-Based Gaming Services

Google and Microsoft are about to go mano-a-mano with new cloud-based gaming services. Google plans a limited launch in November of its Stadia service, which the company says will stream any title to any device. Microsoft, meanwhile, is building its Project xCloud on Azure, its own cloud network. Because every game on Xbox One, including Xbox 360 backward-compatible titles will be able to run on xCloud, the new service will debut with 3,500+ game titles. Microsoft said a beta version of its xCloud service will debut in October of this year. Continue reading Google and Microsoft to Intro Cloud-Based Gaming Services

Page 1 of 2512345678910...20...»