Over-the-top services for CBS and Showtime are exceeding expectations, with around 5 million combined subscribers, says CBS CEO Les Moonves. The services are well on track to surpass 8 million subscribers by 2020, Moonves says.
Arris saw a 23.4% drop in video device sales in the fourth quarter, but its network and cloud business drove revenue to within 1% of the company's bottom line. "We expect sales in the CPE segment to continue to shift towards the higher mix of broadband and less video," Arris CEO Bruce McClelland said.
The use of Comcast's voice controls during the Winter Olympics has more than doubled, with nearly 50% of traffic to the Olympics homepage on the platform being driven through voice commands. Less than one-quarter of visits to the Olympics page during the Rio Olympics were accessed through voice controls.
Federal Communications Commission Chairman Ajit Pai expressed support Wednesday for an application from Elon Musk's SpaceX to create a satellite broadband network. A satellite network could provide broadband service to rural and underserved areas, Pai said.
AT&T has added the Department of Justice's antitrust head, Makan Delrahim, to its witness list for its upcoming trial involving the proposed acquisition of Time Warner. The company hopes to show that political tampering caused the government to sue to block the acquisition, a source says.
Net neutrality isn't the only thing holding back broadband investment and deployment, says American Cable Association President Matt Polka. Outdated laws and regulatory processes, including permitting and application processes, also affect small operators, Polka says.
Comcast Ventures has formed a five-member team, dubbed "The Blockchain Crew," to lead strategy on blockchain investment opportunities. One of the team's primary objectives is to look into blockchain's potential applications in product development at Comcast.