Shares of Verizon were up Thursday morning as the company beat Wall Street expectations. Overall, Verizon reported fourth-quarter earnings of 89 cents per share on $34.25 billion in revenue, up from 71 cents per share on $33.1 billion in the same quarter last year. A Thomas Reuters consensus estimate had pegged Verizon at 88 cents per […]
AOL Teams with Taboola on Content Discovery
Verizon’s AOL announced Wednesday a strategic partnership with Taboola that aims to deliver better content and advertising experiences. AOL said Taboola’s discovery platform will be integrated across all premium brands under the AOL umbrella including AOL.com, The Huffington Post, TechCrunch, Engadget, AutoBlog, AOL Mail and MapQuest in the United States, United Kingdom and Canada. The […]
MLB Blackout Games in Danger as Settlement Reached
Major League Baseball (MLB) has reached a settlement in a class-action lawsuit brought by fans over restrictions placed on the broadcasting and streaming of games. The suit was filed in 2012 and challenges how baseball grants exclusive broadcast rights to specific regions and then bars teams from broadcasting or streaming games outside of their home […]
Univision Throws Money Behind The Onion
Univision is throwing its weight behind The Onion. The Onion, a comedy and news satire brand, today announced that UCI’s digital-arm is a minority investor in Onion Inc. Terms of the transaction were not disclosed. The Onion says its properties are a complementary extension of UCI’s Spanish- and English-language digital portfolio, broadening the company’s multicultural, […]
Time Warner Cable Targets Robocalls with New Offering
Time Warner Cable (TWC) says it’s doing its part to stop telemarketing and robocalls. The company Thursday announced a new online sign-up process for Nomorobo, a third-party call-blocking application. TWC says it has integrated the feature into its home phone management Website, VoiceZone. “With robocalls being the largest category of complaints at the Federal Communications […]
Report: Millennials in U.K. Signal More Problems for Traditional TV Model
Yet another study released Thursday reports trouble from the traditional TV model. Research by L.E.K. Consulting in the U.K. places the upheaval squarely on millennials’ preference for non-traditional media sources. The company posits that one of the most important challenges comes from millennials’ planned reduction in spend on pay TV and switch to internet-based ‘Over-the-Top’ […]
Comcast Wholesale Launches International IP Voice Termination
Comcast Wholesale on Thursday added international IP voice termination to its portfolio of services for multichannel video programming distributors (MVPDs), ILECs, CLECs and over-the-top (OTT) voice carriers. The company says the new service will give operators the ability to take advantage of Comcast’s network and scale to lower the costs of international calls and expand […]
Time Warner Providing Connection to Equinix Cloud Exchange
Time Warner Cable Business Class today announced that it offering connectivity to the Equinix Cloud Exchange, an interconnection solution that enables businesses to choose and connect securely to public Cloud Service Providers (CSP), such as Amazon Web Services, Microsoft Azure, and Rackspace. Satya Parimi, global vice president of product management for Time Warner Cable Business […]
Nexstar Hammers Out Terms for Media General Deal
Nexstar Broadcasting Group today announced that it has completed the negotiation of terms for a transaction with Media General, wherein Nexstar would acquire Media General for $10.55 per share in cash and 0.1249 of a share of Nexstar Class A common stock for each Media General share. In addition, the terms contemplate additional consideration to […]
NBC Launches Streaming Comedy Channel ‘SeeSo’
NBC’s new streaming channel went live Thursday. Announced back in December, “SeeSo” costs $3.99 and is available today on iOS and Android, with additional platforms promised in the coming months. Subscribers get access to over 2,000 hours of original content out of the gate with content being added on a daily basis. “We think the […]