Netflix now blocks residential IP addresses in its efforts to stymie VPN and proxy users from bypassing geographical restrictions. But some ordinary Internet users without a VPN have been impacted and now report “missing content” on Netflix. When Netflix began this crackdown six years ago, it was in response to copyright holders complaining about piracy. But the ban hit a lot of legitimate VPN users and VPN pirates found other ways to get around geographic blocking including using residential IP addresses as proxies. Continue reading Netflix Blocks Home IP Addresses in Geo-Fencing Crackdown

In Q2 of this year, ViacomCBS — parent company of the CBS broadcast network, Showtime, Nickelodeon and the Paramount movie studio — saw revenue rise 8 percent to $6.6 billion and the addition of 6.5 million new streaming subscribers for a total of 42+ million. Net income was $1.04 billion or $1.56 per share, compared with $481 million or 78 cents per share year-over-year. Chief executive Bob Bakish said the company looks forward to scaling Paramount+ offerings, referring to a deal with Comcast to launch it on Sky in Europe. Continue reading ViacomCBS Reports Rise in Revenue, Streaming Subscribers

Comcast posted Q2 results that beat Wall Street expectations: revenue of $28.55 billion versus the $27.18 billion predicted by Refinitiv, and adjusted earnings per share of 84 cents, versus Refinitiv’s prediction of 67 cents. Comcast said its NBCUniversal’s streaming service Peacock is now at 54 million subscribers. Meanwhile, Comcast’s high-speed Internet service added 354,000 customers (its highest ever for Q2), versus StreetAccount’s estimate of 270,000. Comcast also had its second best Q2 for total customer relationships, adding 294,000. Continue reading Comcast Adds Record Q2 Broadband and Cable Customers

President Biden, who named Big Tech critic Jonathan Kanter to lead the Justice Department’s antitrust division last week, has assembled a strong antitrust team to address concerns about the dominant strength and influence of major tech companies across industries including pharmaceuticals, agriculture, healthcare, commerce and finance. If confirmed by the Senate, Kanter will join the Federal Trade Commission’s chairperson Lina Khan, who is known for her work in antitrust and competition law, and Tim Wu, a long-time advocate of breaking up Big Tech who is now Biden’s special assistant for technology and competition policy. Continue reading Biden Assembles a Tough Antitrust Team to Rein In Big Tech

In Q2, Netflix added 1.5 million new subscribers, slower growth after a peak at the height of the COVID-19 pandemic. But the company isn’t worried, telling investors that it is “mostly competing with ourselves to improve our service as fast as we can.” “If we do that, we’re confident we can maintain our strong position and continue to grow nicely as we have been for the past two-plus decades,” Netflix said, adding that it doesn’t view any particular assets as “must-have,” and that consolidation isn’t impacting its growth. Meanwhile, the company is facing new competitors in the streaming space. Continue reading Netflix Still Confident Despite New Rivals and Slowed Growth

Starting next year, Comcast’s streaming service Peacock will begin to show movies from sister company Universal Pictures, sidestepping a long-time deal with HBO for initial TV rights. The 2022 movies — which will reach Peacock no more than four months after theatrical release — include the next “Jurassic World” and the new “Halloween” movies. In addition, Amazon has signed a multiyear deal with Universal to bring the studio’s movies to Prime Video and IMDb TV following their four-month runs on Peacock. Under the new deal, Universal movies will be available on Amazon for 10 months and then return to Peacock for another four months. Continue reading Universal Signs New Streaming Deals with Peacock, Amazon

Influential and commercially successful filmmaker Steven Spielberg signed a multi-year deal with streaming service Netflix to make new films under the aegis of his Amblin Partners studio. Spielberg still retains his long-term relationship with Comcast’s Universal Pictures, where Amblin Partners is based. The deal is a win for Netflix, which faces increasing competition from new streaming services including Disney+, HBO Max and Amazon, which is acquiring the MGM movie and television studio with its James Bond franchise in a deal worth $8.45 billion. Continue reading Steven Spielberg and Netflix Sign Multi-Year Filmmaking Deal

Go Addressable, a new eight-company consortium, plans to simplify and scale addressable TV advertising. Among the consortium members are Comcast, Charter Communications, Altice USA, Dish Media and smart TV manufacturer Vizio. Comcast Advertising vice president and general manager Larry Allen reported that advertisers are currently faced with putting together a schedule from various streaming services, smart TV makers, cable operators and even programmers. He said that, “the buyers need a solution to their fragmentation problem.” Continue reading New Consortium Aims to Improve Addressable TV Ad Market

Rotten Tomatoes has been synonymous with movie scores since it was cooked up by three UC Berkeley undergrads in 1998. The site aggregates reviews from professional critics and provides a “Tomatometer” that averages out the reviews with a Fresh rating when 60 percent or more are positive or Rotten if it goes below that threshold. It also provides an audience score, based on what Rotten Tomatoes users think. Now, the company is debuting an ad-supported OTT service called the Rotten Tomatoes Channel, currently on Roku, to offer nonstop content and a lifestyle brand. Continue reading Rotten Tomatoes to Debut Channel on Roku, Peacock, Xumo

The Connectivity Standards Alliance (CSA), an industry group spearheaded by Amazon, Apple, Comcast, Google and SmartThings and focused on the Internet of Things (IoT), has debuted Matter, an interoperable, secure connectivity standard for the future smart home. Formerly known as the Zigbee Alliance, CSA came together with those key Big Tech companies in 2019 to develop and promote an open IoT standard. Matter is a royalty-free unified IP-based connectivity protocol built specifically for IoT systems that enable communication among smart devices. Continue reading Industry Alliance Promotes Secure, Royalty-Free IoT Standard

Telecom giant Verizon announced today that it is selling AOL, Yahoo and its Verizon Media assets, including its advertising technology business to New York-based private equity firm Apollo Global Management for $5 billion. LionTree LLC, a global investment firm focused on media and tech, was lead advisor on the deal and will join Apollo as an investor. The new company will keep the Yahoo name and will be led by Guru Gowrappan, the current CEO of Verizon Media Group. Verizon plans to keep a 10 percent stake in the overall business. Continue reading Verizon Is Selling AOL, Yahoo and Its Media Brands to Apollo

NBC News is debuting two program hours on NBC News Now, its live streaming service. From NBC owned and operated station WRC-TV in Washington, DC, former anchor Aaron Gilchrist will headline a 12:00-2:00 PM slot Monday through Friday that will also be available on NBCUniversal’s streaming hub Peacock. The show will focus on breaking news, supplemented by stories from journalists in the field. The new program boosts NBC News Now to 10 live original hours daily. NBC News also produces “dozens of hours” daily for MSNBC. Continue reading NBC Grows Streaming ‘News Now’ Network with Tenth Show

In 2018, former California governor Jerry Brown signed a bill making the state the first to enact a net neutrality law. The Trump administration sued to block it, and the Biden administration dropped that suit, but the telecom industry had filed a separate suit. Now, U.S. District Court judge John A. Mendez denied the telecom suit, allowing the state to enforce the 2018 law. State senator Scott Wiener (D-San Francisco) called the decision “a huge victory for open access to the Internet, our democracy and our economy,” while some industry groups suggest federal legislation would be a preferred approach to a state-by-state model. Continue reading Court Decision Allows California to Enforce Net Neutrality Law

As streaming media services increasingly resemble cable bundles, more towns and counties are looking to regulate them. In Georgia for example, three municipalities filed a federal lawsuit against Netflix, Hulu and other services for as much as 5 percent of their gross revenue in an attempt to treat them as cable services. According to the lawsuit, Netflix earned about $103 million over the recent five years from subscribers in Gwinnett County, Georgia. If treated as a cable provider, that would represent $5.15 million in retroactive fees. Continue reading Municipalities Want Streaming Services to Pay Franchise Fees

By the end of 2020, Netflix signed up a record 37 million new subscribers for a total of 203.7 million users, driven by the home-bound people eager for more entertainment during the COVID-19 pandemic. This latest bump in subscriber numbers took place in an increasingly competitive environment with new streaming services, including Disney+, Apple TV+, HBO Max and Comcast’s Peacock. Unlike other TV networks, Netflix has been able to offer more new content during the pandemic, with 500+ new titles in post production or ready to air. Continue reading Netflix Tops 200 Million Subs in 2020, Lifted by the Pandemic