Disney+, the entertainment giant's streaming service, reports it has 10 million subscribers after being active for two days. Chief executive Bob Iger has predicted Disney+ will attract from 60 million to 90 million subscribers around the world by 2024.
Nickelodeon will produce original movies and series for Netflix under a multi-year agreement the companies announced that also reportedly includes a "music-based" "SpongeBob SquarePants" spin-off focusing on the Squidward character. The deal, reported to be worth about $200 million, will involve Nick creating content based on familiar characters as well as new ones.
Coverage of the first day of impeachment hearings into President Donald Trump on all of the major networks attracted millions of viewers, but did little to sway public opinion on the president, experts say. Many conservative commentators dismissed the proceedings as nonsensical, while left-wing observers suggested testimony in the hearings directly implicated Trump.
Jennifer Nettles of the musical group Sugarland walked the red carpet at Wednesday's CMA Awards in a cape with "equal play" messages written on both the front and back of its pink fabric. Nettles says she'd like to see equal representation for both genders on country stations, and the idea that audiences aren't interested in women's stories is a myth.
The House Communications Subcommittee is scheduled to mark up a new version of the Satellite Television Extension and Localism Act Reauthorization renewal legislation today that expands the provision for negotiating retransmission consent fees to let smaller pay-TV companies bargain collectively. The Senate Commerce Committee postponed its scheduled markup of a STELAR renewal bill pushed by Chairman Roger Wicker, R-Miss.
Consumers in Europe and the US that have stopped subscribing to pay-TV services use more than twice as much data as average broadband subscribers, passing half a terabyte per month, analytics firm OpenVault says. Consumption is growing across the board, but usage patterns vary between those with unlimited plans and those with usage-based billing.
Bravo will allow a handful of brands to mix with attendees and promote their wares at its three-day "BravoCon 2019," which will feature stars from many of the channel's original shows. Brand activity will include PepsiCo supplying drinks and State Farm sponsoring a "She Shed" relaxation area.
Verizon is touting its work with NEC on exploiting fiber networks for smart city traffic management projects by converting them into a sensor that can glean vehicle data by picking up its vibrations, Verizon says adding that it has successfully conducted "proof-of-concept" research. Verizon's fiber network would work with NEC's optical sensor technology and artificial intelligence software to collect the data.
Global economic uncertainty has fueled a slowdown in tech spending, Cisco Systems CEO Chuck Robbins said in reporting a 13% year-to-year decline in service revenues and smaller drags in other sectors in the first quarter. Executives announced a 2% rise in revenues -- 0.7% in accounting for a divestiture -- and projected a 3%-to-5% drop in the current period.
New Mexico officials expressed frustration over a report that shows its broadband penetration remains among the lowest in the US despite an infusion of more than $300 million in state and federal funds due partly to the largely rural nature of the state. The head of the state's Information Technology office estimated New Mexico would to at least double its investment to reach most of the population.
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