Altice CEO Dexter Goei at the NAB Show on Tuesday discussed integrating over-the-top services to enhance the user experience. Goei also talked about the company's upcoming initial public offering plans and said the company wants to be prepared for new opportunities.
Data from Mediakix predict that the money made by influencers on Instagram will increase from around $1 billion in 2017 to almost $2.4 billion by 2019. Ninety-two percent of influencers report that Instagram is their favorite social site, per #Hashoff.
RCA and Roku this week signed a licensing deal that will bring Roku to RCA's smart TVs in the US and Canada this summer. The HDTVs will run Roku's operating system and will bring over 5,000 streaming channels directly to viewers.
Disney and ABC Television Group will premiere the movie "Descendants 2" in July on five networks: ABC, Disney Channel, Disney XD, Freeform and Lifetime. The movie, a sequel to 2015's top-rated TV movie, will also be available for viewing on demand and on digital platforms.
Canada's Telus has launched Pik TV, a slimmed-down version of the company's Optik TV IPTV service. The core service includes 23 local channels, plus a la carte networks and premium-level add-ons, and can be viewed through mobile devices and Android-powered boxes.
Younger, more affluent marketers are assuming that viewing habits across the board mimic their own and are failing to realize that most Americans spend more time with TV and less time online than they do, a Video Advertising Bureau report states. The report found that marketers watch less than two hours of TV per day, while the majority of adults surveyed watch over four and a half hours and spend one-seventh of the estimated amount of time watching mobile video.
The cable industry supports 2.9 million jobs, contributing $421 billion to the economy, per an NCTA: The Internet & Television Association study. "Whether it's building the powerful broadband networks that are transforming our lives or creating the award-winning TV that is entertaining us, this industry continues to be one of the most significant contributors to our nation's economy," said President and CEO Michael Powell.
AT&T's proposed acquisition of Time Warner will be a topic of discussion at a Senate hearing evaluating President Donald Trump's nominee to head the Justice Department, Makan Delrahim. Though Delrahim has said that he doesn't believe the deal has a "major antitrust problem," his past role as an antitrust attorney may require him to recuse himself from proceedings, potentially delaying the deal.
Comcast is seeing its best customer service ratings since 2001, per the American Customer Satisfaction Index. Customer complaints are down 40% from 2014 and 25% from 2015, when a $300 million self-improvement program was launched.