Comcast's NBCUniversal offered expansive details about the original and acquired content for its upcoming streaming service, which the company has named "Peacock." Shows will include new versions of "Battlestar Galactica" and "Saved by the Bell," a library of former NBC sitcoms, Spanish-language material and unscripted content, as well as feature films.
WarnerMedia Entertainment's HBO Max won the bidding for exclusive streaming rights to CBS' "The Big Bang Theory" under a five-year deal that will kick in once the over-the-top service launches next spring. Sources said WarnerMedia will pay nearly $500 million for the 279 episodes and the company confirmed that it will retain off-network cable rights for the sitcom on TBS.
AT&T has produced "stunning" savings on its network virtualization project, CEO Randall Stephenson told an analyst conference saying core network function costs have declined steadily for 17 straight quarters. He credited retiring AT&T Communications CEO John Donovan for leading open-source and virtualization programs that will head off problems if a Chinese vendor or rival tries to control the global supply chain.
Media companies trying to woo subscribers for their various streaming video offerings are in the midst of frenzy to buy up the rights for popular older TV shows such as "Seinfeld," "Big Bang Theory" and others. Analysts say the race may also accompany a price war among the rivals eager to sign up subscribers.
Cokie Roberts, the late journalist referred to as one of National Public Radio's "founding mothers," inspired countless female journalists over the course of her career, said Gordon Smith, chief executive of the National Association of Broadcasters. "Cokie brought class, intelligence and fairness to political journalism, whether as co-host of ABC's 'This Week' or offering commentaries on public radio. Her contributions to politics and broadcasting will never be forgotten," Smith added.
People of color and women are landing more jobs in the cable and communications industries, but companies are having trouble retaining them, perhaps because the promotion rate of white people is considerably higher, The National Association of Minorities in Cable and Women in Cable Telecommunications report in a new study. The groups improved their presence both in executive/senior management roles and on company boards, the biennial survey showed.
Comcast's Sky has announced a multi-year agreement with Channel 4 that gives the UK broadcaster the use of Sky's AdSmart addressable advertising platform and includes a new carriage deal as well as plans to work together on new technologies. Sky also said it will build a regional Innovation Hub, located in Leeds, for its Sky Studios production arm, which will be charged with developing talent and creating original content.
Consumers want "skinny bundles" of less expensive mini-tiers but pay-TV distributors are still forced to include expensive services, such as regional sports channels, even when subscribers do not want them, Discovery leader David Zaslav told an analyst conference. "There is no such thing as a skinny bundle with a regional sports network that costs $10," he said.
AT&T CEO Randall Stephenson offered support to analysts for the telecom's upcoming HBO Max streaming service saying and the over-the-top offering and the new AT&T TV service are intended to draw on relationships with the telecom's 170 million subscribers from its various businesses. "This is not Netflix. This is not Disney [Plus]. This is not Hulu. This is different," Stephenson said.
A multinational cybersecurity group has reportedly barred Huawei Technologies from its meetings where members address security breaches and exchange information about dealing with network vulnerabilities. But The Forum of Incident Response and Security Teams, composed of government and corporate officials as well as experts, is said to be working with the US government to reinstate the Chinese vendor.
- Page 1