Comcast has launched its xFi Advanced Gateway, which it says can exceed 1.5 gigabits per second. The company designed the product with the connected home in mind, and it includes internet of things integration, plus support for Zigbee, Thread and Bluetooth Low Energy.
Discovery Communications has raised its stake in OWN: Oprah Winfrey Network to more than 70% thanks to a $70 million payout to Winfrey's Harpo. Under the deal's terms, Winfrey will remain CEO of the network and work exclusively for OWN through 2025.
An ongoing court case will not derail the Federal Communications Commission's efforts to repeal net neutrality rules this month despite opponents' appeals to delay the vote to avoid a potential regulatory gap. "This is just evidence that supporters of heavy-handed internet regulations are becoming more desperate by the day," FCC Chairman Ajit Pai's office said in a statement.
Charter Communications CEO Tom Rutledge offered a fairly upbeat prediction for programming costs Monday, saying they will eventually "moderate a bit," although he doubts they will decline. Rutledge also told investors that Charter doesn't plan to buy a content partner to control costs but will instead focus on offering pay-TV services and connectivity.
Facebook is searching for an executive to negotiate deals to stream live sports, per Sports Business Journal's John Ourand. The company has reportedly earmarked a "few billion dollars" for sports streaming, Ourand's report states.
The Murdochs would reportedly prefer to sell 21st Century Fox assets to Walt Disney Co., as it would be a better strategic fit and involve fewer regulatory hurdles. Sources say the family is planning to make a decision by the end of the year.
TBS has released the entire first season of animated series "Tarantula." Viewers can binge-watch episodes on TBS.com or the TBS app; the show will also air on linear TV on Mondays, with two new episodes playing weekly.
The churn rate for over-the-top services -- excluding Netflix and Amazon Prime -- is in excess of 50%, Parks Associates reports. Research also showed that more than half of OTT households use more than one service, while 63% subscribe to five or more services.
Walt Disney Co. is back in talks to acquire 21st Century Fox assets, sources say. Comcast also is in active discussions with Fox for a potential deal, sources confirm.