AT&T CEO Randall Stephenson said Friday that Comcast's bid for 21st Century Fox assets could be hurt by the Justice Department's appeal of the court's approval of its merger. Stephenson added that the appeal "changes nothing" about AT&T's strategy and that the company will be proceeding as planned.
YouTube is forever changing the way celebrities and talent are discovered, says Maany Peyvan, former writer for Google, YouTube's parent company. "There is an entirely new class of entertainers and creators and educators who are not going through the Hollywood system, not being anointed by gatekeepers, but putting themselves out there on video and drawing massive fans," Peyvan said in an interview.
Online video viewing rose 91% from 2015 to 2017, and consumers will likely spend an average of 67 minutes each day watching video online this year, Zenith data indicate. Online video ad spend hit $27 billion last year and is expected to grow by 19% this year, the study indicates.
Atlantic Broadband's parent company, Cogeco Communications, is gearing up to launch a wireless service in Canada. The company is eyeing the launch of services including voice, internet and data, as well as researching opportunities in technologies including autonomous vehicles, the internet of things and smart cities, says Cogeco's Louis Audet.
The UK's takeover panel has raised Sky's share price as bidding between Comcast and Disney for 21st Century Fox assets heats up. If Disney's bid for Fox assets, including Sky, is approved, the company will have to make an offer to purchase the remaining 61% of Sky within 28 days.
Viewing via on-demand services is on the rise and is the first choice for 48% of consumers, per a Hub Entertainment Research study. The study also found that live TV viewing through traditional providers has dipped from 47% last year to 39% this year.
In a shift away from traditional television advertising, John Hancock used a digital miniseries to educate consumers about retirement planning. After the company determined lifestyles, attitudes and behaviors of consumers who were ready to plan retirement, educational ads were broadcast on social media for the brand's target audience; those ads saw a 75% completion rate.
AT&T CEO Randall Stephenson says the company expected the Justice Department to appeal the court's decision allowing AT&T to acquire Time Warner and says the company will take the battle to the Supreme Court if necessary, though it does not anticipate that happening. The appeal "doesn't change anything -- the merger is closed," Stephenson told reporters Thursday.
Time spent viewing "alternative content" such as livestreaming and short-form video has risen to two hours each week across US broadband households, per Parks Associates. The study found that about one-half of viewers watch alternative content from YouTube and other sites via their TVs.
Comcast has launched its Active Time Alerts, a control that allows parents to set time allowances for children's home internet use. The feature alerts parents when a child is approaching their limit, allowing the parent to extend the time or pause their Wi-Fi access.