A federal appeals court on Thursday approved the expedited schedule proposed by the Justice Department in its appeal of AT&T's takeover of Time Warner. The DOJ is arguing that Judge Richard Leon, who ruled on the case, "rejected fundamental principles of economics" in his original decision, per court filings.
After dropping its pursuit of 21st Century Fox assets, Comcast has announced that it plans to continue its quest to acquire Sky. Whether Disney will continue to try to purchase the remaining 61% of Sky that Fox doesn't own remains to be seen; an acquisition would be a strategic one for Comcast, extending the company's global presence.
The Massachusetts Legislature has cast aside proposals to adopt a strong net neutrality law as supporters feared legal action due to federal pre-emption clauses. State senators were expected to vote today on a watered-down version that deals with transparency.
Pluto TV's content library is growing by over 200 titles thanks to a deal with Sony. Users of the free streaming service will have access to classic TV shows including "Bewitched" and movies such as "The Blob."
Comedy Central has acquired the rights to two adult animated series from 20th Television. "King of the Hill" will debut Monday, and "The Cleveland Show" will premiere this fall.
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.
- Page 1