Discovery has extended CEO David Zaslav's contract for five years, keeping him on board through at least 2023. Zaslav, who has been with the company since 2007, was a driving force in Discovery's acquisition of Scripps Networks Interactive and Eurosport.
Comcast says it is stepping away from its bidding war with Disney over 21st Century Fox assets to focus instead on acquiring UK pay-TV provider Sky, with CEO Brian Roberts saying, "I'd like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected company." Fox has agreed to a $71.3 billion purchase by Disney.
The average Comcast Xfinity Mobile customer is 49.2 years old -- older than the customer bases of rivals Verizon, Sprint, AT&T and T-Mobile, a survey has found. The survey also showed that Xfinity Mobile's average customer subscribes to one over-the-top service and that 10% of Xfinity Mobile customers are considering eliminating their pay-TV subscriptions.
The Justice Department in a court filing Wednesday pushed for an expedited appeal of the court's ruling on AT&T's planned acquisition of Time Warner. The DOJ requests that briefs be completed by mid-October, with oral arguments to come "as soon as practicable."
Cable and satellite operators are exploring and engaging in internet of things opportunities despite challenges such as a lack of spectrum and licensed wireless networks, per a GlobalData report. "It is still early days for these alternative IoT providers, but it looks like they will ultimately be able to partake in what we eventually expect will be a 'massive' opportunity for connecting devices, products and services," says GlobalData technology analyst Kathryn Weldon.
Rep. Mike Coffman, R-Colo., is vocalizing his support for a resolution under the Congressional Review Act that would undo the repeal of net neutrality regulations, becoming the first Republican to back the measure. Coffman says that while he would prefer a legislative solution, "the CRA is better than nothing."
NBCUniversal Cable Entertainment, which acquired Craftsy last year, is rebranding the service as Bluprint and shifting it to a subscription-video-on-demand model. The service will reportedly run $15 per month or $120 per year, and a major advertising campaign is scheduled to roll out to promote the service.
Perform Group's subscription streaming service DAZN will be available in the US starting in September, giving viewers access to combat sports including Matchroom Boxing and Viacom's Bellator MMA. "Our interest is to be the global leader in streaming sports direct to consumers," said Perform Group head and former ESPN President John Skipper.
The number of streaming subscribers has surpassed the number of traditional pay-TV subscribers in the UK for the first time, per Ofcom's Media Nations report. Subscribers to streaming services Netflix, Now TV and Amazon Prime totaled 15.4 million in the first quarter, compared with 15.1 million pay-TV subscribers, the report states.
Google's Chrome no longer allows videos to automatically play with sound, and advertisers should welcome the change, as multiple studies show that such intrusive advertising is ineffective, writes Adam Cohen-Aslatei. "Click-to-play video, in addition to providing more powerful brand metrics, is non-interruptive and ultimately puts audiences in control," he writes.
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