It just might if it frightens them enough to accelerate their efforts to make people pay for broadband based on how much they use — the same way they pay for electricity or water. ”This isn’t just a side show,” independent analyst Craig Moffett says. “This is THE central issue defining the value of the cable industry going forward.” And the pricing model could rock streaming companies including Netflix or, perhaps, Sony. It would be “a material risk” to Netflix’s prospects if a Sony-Viacom agreement leads to usage-based pricing, Bernstein Research’s Carlos Kirjner says. READ MORE »
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Could A Viacom-Sony Deal Lead Cable Operators To Raise Prices For Streaming?
Deadline Big Media With David Lieberman, Episode 48
Listen to (and share) episode 48 of our audio podcast Deadline Big Media With David Lieberman. David talks with host David Bloom about Fox’s big bet on the pay-TV status quo with its heavily promoted Fox Sports 1 channel launch; a possibly game-changing deal in the making between Viacom and Sony Electronics; and that big “for sale” sign hanging around the metaphorical neck of troubled phone maker Blackberry.
Deadline Big Media, Episode 48 (MP3 format)
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Fox Paid $70M For 5% Stake In Vice Media
The deal just came to light although it was made before the end of June when News Corp split into separate entertainment and publishing companies. But it gives 21st Century Fox a foothold in a trendy digital media, TV, and publishing company that has captured the imaginations and … Read More »
Comcast Extends NBCU Chief Steve Burke’s Contract To 2018
Steve Burke‘s previous deal, made in late 2009, was due to expire at the end of 2014. Now it will run through August 2018, with an 18% increase in his base salary to $2.6M while his annual cash … Read More »
Starz Promotes Michael Thornton To Chief Revenue Officer As Distribution President Ed Huguez Steps Down
Michael Thornton moves into a new position that will oversee network sales, affiliate marketing, and the distribution business that includes Anchor Bay Entertainment, Starz Worldwide Distribution, and Starz Digital Media. He’ll be based in Englewood, Colo. offices and report … Read More »
AOL Slashes Staffing At Its Patch Local News Services
This was the shoe everyone was waiting to hear drop as AOL chief Tim Armstrong abandons his ambition to blanket the country with web sites offering hyper-local news. He told staffers at his Patch network of news destinations … Read More »
Viacom Agrees To Stream Cable Channels On Sony Online Service: WSJ
This could be a big breakthrough for tech companies that want to create an Internet-based alternative to traditional cable and satellite services. The Wall Street Journal reports that Sony has a preliminary agreement to carry Viacom‘s channels on a service it hopes to launch by year end. The programming
would initially go to those with Sony devices including its PlayStation gaming console and Bravia HDTVs, with tablets and smartphones to follow according to “a person familiar with the matter.” If Sony and Viacom complete their deal it would be the first time a major programmer has agreed to provide its most popular pay TV channels to an online service. Intel and Google are among the other companies hoping to use the Internet to challenge cable and satellite video offerings. Sony’s talking with other programmers including Disney, Time Warner, and CBS.
Cinemark Raises Dividend By 19%
The exhibition chain’s board says it will pay 25 cents per share each quarter, up from 21 cents. The increase follows the Mexican Federal Competition Commission’s decision last week to reject Cinemark‘s $125M deal to sell its 31 theaters … Read More »
UPDATE: Fox Sports 1 Will Run On DirecTV, Dish Network, And Time Warner Cable While Deal Talks Continue
UPDATE, 9:30 AM: I’m hearing that while DirecTV, Dish Network and Time Warner Cable will carry Fox Sports 1 programming this weekend, they don’t have new deals in place for the network. The distributors permitted Fox to upgrade Speed to FS1 as long as they don’t have to … Read More »
Nancy Tellem Replaces Peter Liguori On MGM Board
CEO Gary Barber told MGM’s private investors that Tribune CEO Peter Liguori left the studio’s board so he could spend more time dealing with his company. He took charge of Tribune in January. Last month the company said that it will spend … Read More »
Roku Beats Apple TV In Homes With Streaming Media Devices: Report
About 14% of all households have a streaming media device, twice the number that had one two years ago, research firm Parks Associates says today. But the most interesting finding in its new report on trends in connected TV is … Read More »
MGM Reports Q2 Growth With Help From ‘Hobbit’ And ‘Skyfall’
The privately held studio says that revenues were up across all of its core businesses, but singled out contributions from the international release of home videos for The Hobbit: An Unexpected Journey and the James Bond film Skyfall. … Read More »
UPDATE: New York Times Web Site Back Up After 2 Hour Outage
UPDATE, 10:18 AM: News junkies can relax. The New York Times is back up on the Web after what it says was “a server issue” that knocked out the news and corporate sites for about two hours.… Read More »
Brian Roberts Joins President For Golf
The Comcast CEO teamed up with World Bank President Jim Kim and former U.S. Trade Representative Ron Kirk in a game with President Obama today at the Vineyard Golf Club on Martha’s Vineyard, according to the White … Read More »
R.I.P. Jack Germond
The jovial longtime political columnist, a familiar presence on TV newscasts, died this morning at his home in West Virginia at age 85. Jack Germond “was one of the great happy warriors of political reporting,” NBC’s Chuck … Read More »
Deadline Big Media With David Lieberman, Episode 47
Listen to (and share) a special edition of our audio podcast Deadline Big Media With David Lieberman. Episode 47 features an interview between Deadline’s financial editor and Richard Greenfield, media and technology analyst with BTIG Research. This week, Greenfield posted a provocative analysis of the fight over retransmission fees between CBS and Time-Warner Cable that has left the network’s affiliates dark on TWC systems in three big markets for nearly two weeks. Nevertheless, if Congress and the FCC don’t intercede, Greenfield says the cable company is doomed to lose the fight. The relatively balanced retrans system Congress created two decades ago has been distorted since by technology and business shifts that now strongly favor broadcasters, though Aereo could change everything.
Deadline Big Media, Episode 47 (MP3 format)
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What’s Carl Icahn Doing With Apple?
UPDATE, 2:57 PM: Apple should repurchase $150B worth of its shares after borrowing the funds at an interest rate of 3%, Carl Icahn tells Reuters. ”If Apple does this now and earnings increase at only 10%, the stock — even keeping the same multiple currently — should … Read More »
Oracle Chief Says Apple’s Headed Down Without Steve Jobs: Video
CBS This Morning‘s Charlie Rose has a fascinating interview this morning with Oracle CEO Larry Ellison. The billionaire describes the late Apple CEO Steve Jobs — his former best friend — as “our Edison…our Picasso” … Read More »
Viacom Borrows $3B To Repay Debt And Repurchase Shares
The debt offering takes advantage of the market’s low interest rates, and will help fuel Viacom’s recently announced plan to double its stock repurchase effort to $20B — including $3B to take place in 2013. The decision to … Read More »
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