Just as athletes, actors and other celebrities have to deal with a new code of conduct in a world in which words, images and video travel fast, pay-TV providers are finding that their misdeeds and customer unfriendly billing practices can assume an exaggerated presence on the Internet.
Liberty Global said it will introduce a new tracking stock for its Latin American operations, splitting trading of its European cable operations and Latin American and Caribbean media businesses.
Employees of companies that perform technical work for DirecTV have filed two dozen federal lawsuits in the last seven days, arguing that they should treated as employees of the satellite operator.
Streaming video company Roku revealed in SEC documents that it has raised an additional $25 million in private funding, putting its total backing at $153.1 million.
Comcast reported third-quarter net income of $2.6 billion on revenue of $16.8 billion, up 4 percent year over year. Revenue from cable operations spiked 5.2 percent, with TV subscribers decreasing 81,000 for the quarter, down 36 percent from the 127,000 lost in Q3 2013.
The lightning-quick emergence of cable's carrier-grade Wi-Fi business is well timed, given the ongoing degradation of the business that built the cable industry, video services. Analysts predict cable Wi-Fi will grow, in about three years time, to become the primary mobile network, ahead of cellular. But what will the economics of these networks look like?
The year 2014 will probably be remembered as one of the most transformational in the history of the cable business--and that's besides the huge pending mergers. While the sustained growth of the once wildly profitable business that built the industry, video services, has begun to give way to over-the-top distribution, a massive opportunity with unknown dimensions has quietly emerged.
AT&T reported $33 billion in consolidated revenue for the third quarter, up 2.5 percent year-to-year but missing investor forecasts by about $240 million. U-verse TV subscribers spiked at 216,000 in Q2, and U-verse high-speed Internet customers increased by 601,000.
Doing the forensics on online video's 'Boneyard': Why did platforms like Redbox Instant die so young?
Redbox Instant. Justin.TV. Xbox Studios. For every Netflix or Hulu, there's an online video programmer that started out with ambitious next-generation audience-building goals, but ended up in the "Boneyard" of failed next-generation programming initiatives.
Pay-TV remains the biggest segment on the overall consumer video services market, but it's masking an incendiary spending rise for SVOD services like Netflix and Amazon Prime Instant Video.