Hong Kong Broadband Network is partnering with broadcaster TVB to introduce a bundle of services combining high-speed home Broadband with TVB’s soon-to-be launched myTV SUPER, an over-the-top content service.
Comcast beat Wall Street estimates on revenues for Q4 2015, with sales of $19.08 billion for the quarter, off $320 million; EPS was 81 cents, missing by 1 cent.
For the quarter Comcast added 89,000 video customers, editing the year down 36,000 customers, its best video subscriber numbers in eight years and a result that CEO Brian Roberts, during the company’s earnings call, described as “heroic.”
There’s no way to confuse CenturyLink with Comcast; one has some 269,000 pay-TV subscribers, the other 22.3 million. But the Monroe, La.-based telco believes it can create an alternative market in the Twin Cities and nearly two-dozen surrounding cities with its Prism IPTV service.
The company says it’s deploying a multi-tier offering that starts at $35 monthly for its 140-channel Prism Essential product, to $80 monthly for its 320-channel Prism Premium package.
AT&T is wasting little time in leveraging its new DirecTV assets to help build its over all video product, so it should come as no surprise that there’s been a realignment among top executives that is aimed at unifying video with mobility – especially as mobile increasingly becomes the screen of choice for a variety of video genres.
Urban Communications, a decade-old Internet service provider in the Vancouver, British Columbia area, is rolling out a new IPTV service based on its recently launched 1 Gbps Internet service. Its IPTV play includes a basic package of 90 channels (35 HD) for $29/mo.
Some Comcast customers in Chicago could lose their HD channels as the operator completes an upgrade to its system that requires subscribers use new set-top boxes to access them.
Global average connection speed increased slightly (0.2%) to 5.1 Mbps from the second quarter, accounting for a 14% increase year-over-year. South Korea had the top average connection speed at 20.5 Mbps, despite a year-over-year drop of 19% since the third quarter of 2014.
Hack and Flack are back, with a new review of the week's top TV and media headlines. In play this week: YouTube Red courting Hollywood studios for exclusive content, Dish Networks attacks New Charter in FCC hearing, new OTT services from NBCUniversal and Discovery, the latest research on Pay TV subscriber loss and cord shaving, and more.
Dish Network Chairman Charlie Ergen has taken the satellite operator’s campaign against the proposed Charter-Time Warner Cable merger to a new level, this week slamming the deal at a gathering of top FCC staffers as one that could harm “degrade” or “destroy” online video competition, and again singled out his own OTT play, Sling TV, as a potential casualty if the merger is approved.
As broadband penetration in the United States approaches saturation, broadband ads are slowing, but only slightly. A new report said the top 17 operators added more than 645,000 new high-speed Internet customers in the third quarter.
That number was down slightly from 3Q 2014, when the industry added 700,000 new subscribers.
More than 350 million UHD TVs are expected to be in homes across the world by 2019, with the biggest growth in China, followed by North America and Western Europe.
Paul Jackson, practice lead, media and entertainment at researcher Ovum, told an audience at OTTtv World Forum in London today that there already is enough 4K content available to drive the technology to consumers, but stressed that transmission to the home “is where things could go horribly wrong.”
Broadband growth highlighted Comcast’s Q3 earnings, as the operator added 320,000 new Internet subscribers and saw revenues from its Internet business climb more than 10%.
The cable operator lost 48,000 video subscribers, better than last year’s 81,000 dip, and saw its broadband business continue to increase its subscriber lead over pay TV. Comcast now has 22.87 million broadband subscribers compared to 22.26 million pay-TV subscribers.