Amazon has nixed plans to create a streaming service that would bundle broadcast and cable networks, sources say. The company has backed away from talks with networks after finding that it would be unable to break through old business models and make a profit from such a service, the sources claim.
Connected consumers desire services that will help them with everyday tasks, and they also want a choice among service providers, per a new study from CTAM and research firm Magid. "As consumers become accustomed to everything being one click or voice command away, they grow frustrated by routine tasks that could be solved more intelligently," says Magid's Jill Hill.
Time has announced that it will launch Sports Illustrated TV, an OTT subscription streaming service featuring original TV shows, documentaries and sports movies. The service will first be made available through Amazon Channels for $4.99 per month.
USA Network has ordered drama "American Rust," which is based on the book by Philipp Meyer. The show, about a Pennsylvania rust belt town, was written by Meyer, along with Brian McGreevy and Lee Shipman, who are also co-creators of "The Son," based on a novel by Meyer.
The Federal Communications Commission has given the green light to Liberty Interactive's acquisition of General Communication in a deal valued at $1.1 billion. The FCC wrote that the deal will bring no harm to public interest, and no conditions were set for the deal to move forward.
Charter's Spectrum Enterprise unit is finding its way into the SD-WAN market using its existing Ethernet with Nokia's Nuage software. The company this week has taken to the MEF17 show to demonstrate how SD-WAN can be used as an overlay for Ethernet sites and also how it can be extended to non-Ethernet sites.
Amazon is in talks with TV networks, movie studios and other content creators to bring content to an over-the-top service that would complement Amazon Prime Video. However, despite recent reports to the contrary, the company says it is not planning to launch a free, ad-supported version of its Prime Video streaming service, an Amazon spokeswoman confirmed.
Comcast is the "most perfectly positioned" of all media companies because of its roles in distribution and production, says IAC/InteractiveCorp Chairman Barry Diller. "Whichever one you bet on for having the ability to grow in the period when big technology companies take over almost anything, that's a pretty good bet," he says.
Mountain Dew's 360-degree video campaign promoting an innovative virtual reality game achieved a 22% click-through rate and more than 100,000 views this summer. Nevertheless, the brand is planning to move forward cautiously before rolling out similar campaigns.
The Justice Department is reportedly requesting that AT&T address DOJ officials' antitrust issues before Nov. 23 or face a lawsuit blocking the deal. Though the White House has repeatedly denied involvement in the review, sources say AT&T plans to ask for communications between the Justice Department and the White House as part of an exchange of evidence should the proposed merger go to trial.