The top 10 service providers in the US that provide figures collectively lost 1,265,100 television subscribers in the fourth quarter of 2020, according to the informitv Multiscreen Index. They lost 5.98 million television
Trade body the 25GS-PON MSA Group, which brings together major operators along with leading system and component vendors to promote and accelerate the development and deployment of 25 Gigabit Symmetrical Passive Optical Network (25GS-PON) technology, has added seven new member companies including AT&T, CommScope, Cortina Access, Feneck, HiLight Semiconductor, Hisense Broadband and Semtech. These companies, […]
As expected, AT&T is to sell off a slice of DirecTV to TPG and spin off the company to a new business. Private equity firm TPG will then own 30 per cent of the new entity with AT&T holding on to the balance. The deal is expected to close in the second half of this […]
There are unconfirmed reports that TPG (the former Texas Pacific Group) is to take a significant but minority stake in AT&T’s DirecTV business. Reuters reported that discussions were at an advanced stage some weeks ago, and the stake is understood to include AT&T’s TV NOW and U-verse offerings. CNBC and Bloomberg are both reporting on […]
The number of pay-TV subscribers in Canada and the US will fall by 43 million from 116 million in the peak year of 2010 to 74 million in 2026, according to Digital TV Research. The US will lose 41 million, with Canada down by nearly 2 million. The number of pay-TV subscribers plummeted by 27 […]
California Democrat Representatives Anna Eshoo and Jerry McNerney have written to cable, satellite and streaming companies calling on them to better combat disinformation – and they name Fox News, Newsmax and One America News Network as culprits. Both signatories are both on the powerful House Energy & Commerce Committee. The letter doesn’t call for the […]
AT&T has posted a $13.9 billion (€11.5bn) loss in the fourth quarter, as the owner of Warner Bros and HBO took a big Covid-19 hit with $650 million in charges. But this is dwarfed by the group’s decision to accept a $15.5 billion charge on its pay-TV business, as subscribers cut the cord. The only […]
Whip Media, the enterprise software platform provider for global content licensing, has announced that Paul Hastings has been promoted to SVP of Global Sales, effective immediately. In this newly created role, he will lead the company’s global sales strategy and oversee the global sales team. He is based in London. Most recently, Hastings served as […]
TPG, the former Texas Pacific Group, is in exclusive talks to acquire a stake in AT&T’s DirecTV. TPG Capital is a private equity investment giant headquartered in San Francisco. Multiple reports say that TPG is now in the lead to make a move on AT&T’s DirecTV, although news sources differ in the possible size of […]
The FCC has wrapped the main phase of bidding in its Auction 107 for C-band frequencies over the US which will be used for 5G telephony. Winners will now take the next stage and bidding for frequency-specific licences during the ‘assignment phase’ of the auction. The end-result even exceeds the most optimistic guesstimates from the […]