Google has launched its searchable political ad library as part of its move to be more transparent about ad origin and details. The archive allows users to search for political ads across Google platforms, including YouTube, and provides information such as who bought the ad and an estimate of the cost to run it.
Altice USA is focusing on its current operations, namely de-leveraging and growth initiatives in the wake of its spinoff from Altice NV, says CEO Dexter Goei. Although its current projects are its main focus, the company is open to future potential acquisitions and consolidation, Goei says.
The American Cable Association has voiced its support for NCTA-The Internet & Television Association's push to eliminate or limit part-time leased access programming. The ACA and NCTA wrote in comments to the Federal Communications Commission that the rules force cable operators to pay additional costs that are not always sufficiently compensated.
Disney will need to sell 22 regional sports networks as a condition of its purchase of 21st Century Fox assets, and station groups such as Sinclair Broadcast Group could be among the bidders. Local stations are looking to regional sports, as well as news, to bring in new revenue streams and complement their focus on live programming, but they could face stiff competition from tech companies who want to boost their own national TV platforms.
Cisco continued its comeback in its fourth quarter as software-driven products spurred a 6% rise in revenue compared with the 2017 period. After beating analysts' estimates, the company offered a bullish outlook for the current quarter.
Broadband provider GigaMonster will continue to expand its gigabit multiple-dwelling unit business with Post Road Group's investment of $45 million in funding. GigaMonster also says it is merging with Portland, Ore.-based Fibersphere Communications, an MDU specialist.
F5 Networks says it wants to make it easier for service providers to virtualize their networks with the release of its VNF Manager and preprepacked virtual network function tools. The product is aimed at helping providers circumvent the layers of complexity involved in the transition.
Scripps is selling its 19 remaining radio stations to SummitMedia in a $47 million deal. The acquisition, which is expected to close in the fourth quarter, pushes SummitMedia to the 50-station mark.
Pirate station Liberty Radio in Austin, Texas, has been taken off the air and slapped with a $15,000 fine by the Federal Communications Commission. Liberty Radio has been the flagship station for controversial radio host Alex Jones.