The Federal Communications Commission has approved Altice NV’s proposed $17.7 billion acquisition of Cablevision Systems Corp. As part of the deal, the European telecom group would assume Cablevision debt and invest to upgrade the company’s broadband. According to the FCC, Altice has a record of improving services after investing in broadband companies in Belgium, France, Israel, Luxembourg and Portugal. In December, the FCC approved Altice’s $9.1 billion purchase of Missouri-based cable company Suddenlink Communications. Continue reading FCC Signs Off on Altice Acquisition of Cablevision Systems

BuzzFeed has grown its monthly content views from 2.8 billion a year ago, to 7 billion today, the majority of which are video views. At the company’s Digital Content NewFronts presentation in New York, chief executive Jonah Peretti, who says BuzzFeed’s content is driven by a deep understanding of its audience, announced a new program with investor NBCUniversal to co-produce video content for brands. The partnership with NBCUniversal began last summer when the media titan invested $200 million in BuzzFeed. Continue reading With Video Views Growing, BuzzFeed Inks NBCUniversal Deal

Netflix continues to invest heavily in its original programming as the company competes with pay TV and rival streaming services. The company has also reduced its U.S. library as licensing costs climb, while adding to its international offerings in markets such as Canada and Great Britain. To get a sense of the brand’s perception in an evolving digital landscape, AllFlicks surveyed 3,000 visitors to its own site and Reddit to learn how the company is faring as compared to pay TV and other entertainment businesses. With this select group, 75.5 percent believe Netflix could replace traditional TV. Continue reading Survey: Netflix Subscribers Envision the Service Replacing TV

For the first time, a U.S. broadcast network is allowing distribution of Olympics highlights off its own platform. Snapchat just inked a deal with NBC to do exactly that for the 2016 Summer Games. The social media app will create a dedicated mobile channel. Content will come both from BuzzFeed, which will curate short clips and behind-the-scenes content to the Snapchat app’s Discover channel, and from Snapchat itself, which will create daily “live stories” from content from NBC, athletes and sports fans at the games. Continue reading NBC and Snapchat Sign Landmark Deal for Summer Olympics

Symphony Advanced Media reports that Netflix is becoming more popular than broadcast networks among millennials. According to the firm’s latest multiplatform data, the top four series between September 21 and January 31 for viewers 18-24 were all from Netflix: “Making a Murderer,” “Master of None,” “F Is for Family” and “Marvel’s Jessica Jones” (followed by Fox animated comedies “Bob’s Burgers” and “Family Guy”). The research “is a telling indicator of just how popular programming from the streaming world can be relative to that on the broadcast networks,” suggests Variety, “a comparison not easy to make in an era of limited visibility for audience measurement of OTT content.” Continue reading Millennials Prefer Netflix Programs Over Broadcast TV Series

In addition to the recent debut of its 4K-ready DVR, TiVo just unveiled the latest version of its Roamio, the OTA 1TB. With a 1TB hard drive, users can record up to 150 hours of HD programming and up to four shows at once, due to multiple tuners. The device can also bring in over-the-air (OTA) or broadcast programs from ABC, CBS, NBC, Fox, PBS and Univision via an HD antenna. Roamio OTA 1TB will also allow users to watch streaming services such as Netflix, Amazon Prime Video, Hulu and YouTube. Continue reading TiVo Unveils Roamio OTA with More Storage, More Features

Rovi Corporation has agreed to purchase TiVo Inc. for $1.1 billion, in a deal that merges two TV tech patent holders as companies including Apple, Comcast and Google are looking to control the set-top box. The FCC is proposing to allow customers who rent STBs from cable companies to “buy their own boxes or alternatives, which would open up what is now a largely closed market,” reports Bloomberg. “This deal was driven by an increasingly competitive set-top box market,” said analyst Paul Sweeney of Bloomberg Intelligence. “Cable operators such as Comcast are investing serious capital to develop next-generation boxes that are threatening the TiVo and Rovi platforms.” Continue reading Rovi Agrees to Acquire DVR Pioneer TiVo in $1.1 Billion Deal

Following last week’s reports that online advertising revenue in the U.S. reached a record $59.6 billion in 2015, and that Google and Facebook claimed the largest share of the digital advertising pie, social giant Facebook announced yesterday that its ad revenue increased 57 percent in the first quarter to $5.2 billion. Notably, mobile ads represented about four-fifths of the network’s revenue. Facebook’s news countered announcements from other tech companies — including Alphabet, Apple and Twitter — all of which released disappointing first quarter figures. Continue reading Facebook Credits Mobile Ad Growth for Major Revenue Jump

Napster co-founder Sean Parker has relaunched a product that first debuted in 2012 and was almost an immediate flop. Airtime is now an app, for Android and iOS, that lets users gather in a “room” to chat, text and watch YouTube and Vimeo videos together or listen to songs and podcasts from Spotify and SoundCloud. Parker, also an early investor in Facebook, says he created — and now recreated — Airtime to offer an alternative to the “certain loneliness” of the “fast superficial interactions” that form the basis of Facebook. Continue reading Sean Parker’s Airtime Returns as an App for Virtual Viewing

Google’s super-fast broadband service, Google Fiber, has only debuted in four cities serving fewer than 100,000 people. But its very existence spurred Comcast and AT&T to up their game, offering the same 1-gigabit Internet speed. Now, the leader, AT&T, offers its GigaPower service in 20 urban areas, and Comcast, which tested cable-based gigabit in Atlanta, has plans to roll it out in Nashville, Chicago, Detroit and Miami later this year. That probably suits Google just fine, since its end game is to sell ads requiring that speed. Continue reading AT&T Winning Race to Gigabit Internet, Passing Google Fiber

While federal regulators are closer to approving the Charter Communications acquisitions of both Time Warner Cable and Bright House Networks, the FCC and Justice Department have introduced conditions designed to protect streaming video companies and help provide affordable broadband services for low income households. The $71+ billion deal would make Charter the second-largest broadband service provider in the U.S. with about 19.4 million subscribers, and the nation’s third-largest cable TV provider with 17.4 million customers. Continue reading Regulators Set Conditions for Approval of Charter-TWC Deal

The Federal Communications Commission voted 3-2 to begin to allow third-party companies to develop devices and apps to carry pay TV signals, thus loosening the grip of the set-top box manufacturing market and the pay TV companies that lease them. But now Disney, CBS, 21st Century Fox, A&E Television Networks, Time Warner, Scripps Networks Interactive and Viacom have banded together to oppose the move, in comments filed with the FCC. The founder of Roku has come out against the idea as misguided and unnecessary. Continue reading Media Giants Join Forces Against FCC Opening Set-Top Box

Downloading content appears to be on the table at Netflix. For some time, the company executives have insisted that downloads would not be “a compelling proposition,” because they add complexity to the system and, due to more widespread speed connectivity, are unnecessary. Now, chief executive Reed Hastings says the company should “keep an open mind” on the topic. This takes place at the same time that Netflix plans to introduce more than 150 hours of HDR content to the roster by end of year. Continue reading Netflix Considers Offering Downloads, Unveils its HDR Plans

As the airwaves are increasingly crowded by wireless data, the Federal Communications Commission devised a “broadcast incentive auction” to convince TV broadcasters to sell spectrum that would be used to expand wireless airwaves. By the end of this month, the FCC’s early round of the auction is expected to be complete, but the entire plan won’t likely be completed before 2020. By acting as middleman, the FCC stands to make billions of dollars, which will pay for the auction; the rest will go to the government. Continue reading FCC Spectrum Auction Begins, Transition to Take Four Years

Two companies at last week’s NAB Show, Sphericam and Liquid Cinema, are making interesting contributions to the advancement of VR Cinema. Sphericam is preparing to launch a 6-sensor, 4-microphone spherical camera the size of a baseball into the prosumer market. The camera can internally stitch at 30 fps and, with an attached PC, output 60 fps live video. Liquid Cinema has developed a comprehensive yet simple-to-use software package for editing VR footage, adding effects, and, most interestingly, re-establishing the director’s intent for where viewers should look at cut-points within the video. Continue reading NAB 2016: Sphericam and Liquid Cinema Look to Advance VR