Internet users in the U.S. pay more for broadband and have fewer choices than Europeans. According to findings from the Center for Public Integrity, Americans pay 3.5 times the amount that French people do for Internet access, for example, and most U.S. residents can only choose from two Internet providers. That’s because broadband companies carve out their own territories to offer service. Cable providers do the same thing, but Internet TV may finally force them to compete. Continue reading Lack of Competition Means Higher Broadband Prices in the U.S.

YouTube is facing growing competition from companies such as Snapchat, Facebook and streaming newcomer Vessel for television programming provided by media giants such as Viacom, NBCUniversal and Time Warner. The competition wants to undercut YouTube’s share of big media programming by offering content suppliers more lucrative returns of ad revenue. Despite the offers, some media companies remain hesitant due to the demands of YouTube’s competitors.   Continue reading YouTube Fends Off New Competition for Premium Video Deals

A Cupertino-based startup may have finally developed a universal remote that can help manage the growing array of smart home devices. Last month we reported on NEEO and the launch of its Kickstarter campaign, which has since generated more than $1.2 million in pledges. NEEO is an automation system designed to control all the devices in your home. It also features palm recognition technology, which identifies when a specific person is holding the remote to bring up their personalized profile. Continue reading NEEO Universal Remote Simplifies Use of Smart Home Devices

A project called “Maui” being developed internally at HBO to launch the company’s standalone streaming video service next year has been terminated. Instead, HBO has opted to outsource the development of its service to MLB Advanced Media, a company with experience in streaming media technology. As a result of Maui’s cancellation, HBO has also parted ways with its chief technology officer, Otto Berkes, who had been with the company since 2012 and oversaw the project.  Continue reading HBO Outsources its Streaming Tech Development to MLBAM

CBS announced yesterday that it would likely offer programming from premium cabler Showtime via a streaming service for viewers who do not pay for TV subscriptions. The move follows the launch of a service for the CBS broadcast network and news of HBO’s standalone service. Meanwhile, CBS News is expected to announce a video streaming service today. CBSN will reportedly be distributed via broadband as an effort to attract viewers who are increasingly turning to social media and mobile devices for their news. Continue reading CBS to Offer Showtime and CBS News as Streaming Services

Rovi, a company that powers video guides and recommendation systems, has announced the acquisition of Fanhattan, a startup specializing in video discovery through its Fan TV products. The acquisition is expected to bolster Rovi’s portfolio of cloud-based TV guides. Fanhattan could benefit from Rovi’s sales force, which may be able to distribute the Fan TV streaming set-top box to Charter and Dish customers. Fan TV integrates video from different sources into a single user-friendly interface. Continue reading Rovi Acquires Fan TV to Take Video Discovery to the Cloud

HBO announced yesterday that it plans to launch a standalone Internet streaming service in the U.S. next year that would not require a traditional TV subscription. The move is part of the cable network’s strategy to reach out to cord cutters, and underscores its growing rivalry with Netflix. The two companies are battling for a new generation of viewers who prefer watching their TV shows and movies via Amazon, Hulu, Netflix, and YouTube rather than subscribing to cable or satellite television. Continue reading HBO to Take On Netflix with New Streaming Service in 2015

Amazon is reportedly in talks with at least three Hollywood studios to join the UltraViolet digital locker consortium. According to people with knowledge of the matter, Amazon has been in talks with Sony Pictures Entertainment, Universal Pictures and Warner Bros. The retail giant is currently ranked No. 2 behind Apple in digital movie sales and rentals. If Amazon were to implement UltraViolet, it could help jumpstart efforts to expand the $2 billion online movie-sales business and make it a greater threat to Apple. Continue reading Amazon in Talks with Hollywood Studios to Join UltraViolet

In a deal that will offer more options for TV viewers, Viacom announced yesterday that it has reached an agreement with Sony to make 22 of its networks available through Sony’s new Internet-based television service, expected to launch later this year. The subscription service plans to offer live TV and on-demand programming via connected Sony devices, including PlayStation game consoles and smart TVs. This marks the first time Viacom networks will be made available through such a service. Continue reading Viacom Will Offer 22 Networks Via Sony’s Internet TV Service

Mental Floss — a quirky magazine focusing on knowledge and trivia — has become an unlikely online video success story by deploying author and YouTube star John Green. Before writing “The Fault in Our Stars” and other acclaimed novels, the author worked for the magazine. A year ago, Green started “The List Show,” a weekly YouTube post for Mental Floss. His short segments reach millennials, boosting views to 81 million since February 2013, easily beating most magazine video competition. Continue reading John Green Helps Mental Floss Succeed with Magazine Videos

Netflix, which recently reached 50 million streaming customers, now generates more revenue from subscriptions ($1.146 billion) than HBO. According to Netflix CEO Reed Hastings, edging past HBO’s $1.141 billion is a “minor milestone.” SNL Kagan estimates that HBO has 28.7 million U.S. subscribers. However, HBO remains much more profitable than Netflix. In related news, Time Warner Chairman Jeff Bewkes told analysts this week he is open to OTT services. Continue reading Netflix Has More Subscribers, But HBO Remains More Profitable

Facing opposition from regulators, Sprint has opted to bow out of its pursuit of T-Mobile. The deal would have valued T-Mobile at $32 billion and provided a stronger rival to Verizon and AT&T. Sprint, the country’s third largest wireless carrier, will now have to rebuild its declining subscriber base on its own, and is currently testing new price plans. The company also decided during a board meeting yesterday to replace CEO Dan Hesse with billionaire entrepreneur Marcelo Claure. Continue reading Sprint Ends Pursuit of T-Mobile, Plans to Replace Chief Exec

Kumo, a startup that hopes to offer consumers access to individual channels rather than entire bundles, has raised $50 million in financing. The company may face significant hurdles, since content creators and owners have historically avoided this type of model, fearing a negative impact to their revenue streams. Unlike Aereo’s failed attempt at pairing an antenna with a cloud storage service, however, Kumo is reportedly working to license content for its a la carte approach. Continue reading Kumo Aims to Break TV Bundle by Offering Specific Channels

Vice Media is best known for its wide array of online video content, which ranges from current events and investigative reporting to music and kittens. An insider says that the company expects to generate $500 million in revenue this year. Now, major media conglomerates looking for a younger audience are reportedly discussing a partnership with Vice that could potentially amount to billions — while some have suggested that such reports are exaggerated. Continue reading Vice Media Success Generating Interest from Media Giants?

SoftBank’s Sprint unit is reportedly poised to make a $32 billion offer to acquire T-Mobile that could take place early this summer. According to people familiar with the matter, the two telecoms have agreed on the broad outlines of a merger, but are still working on a formal contract. If completed and approved, the deal would combine the country’s third- and fourth-largest wireless operators, and potentially establish stronger competition for industry leaders Verizon and AT&T. Continue reading Sprint Edges Closer to a $32 Billion Deal for Rival T-Mobile