Industry News
Broadband & TV
Top stories summarized by our editors
10/22/2020

Spectrum Originals has ordered "The Second Wave," a series centered on a fictional second COVID-19 outbreak, to air this year. Michelle and Robert King, who created "The Good Fight," will write the six-episode show.

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Spectrum Originals, Robert King
10/22/2020

Founded by Jeffrey Katzenberg and Meg Whitman and backed by $1.75 billion in capital from the major studios including Disney and Warner Bros., Quibi is shutting down after almost seven months. It turns out that Quibi's life was nearly as short as the content it mistakenly thought people wanted to stream.

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Quibi, Warner Bros.
10/22/2020

Most of today's major streaming services started with a lot less cash and available viewers. That's what makes Quibi's abrupt failure all the more shocking.

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Next TV
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Quibi
10/22/2020

AT&T added 357,000 fiber internet subscribers and 645,000 new postpaid wireless subscribers in its third quarter. Total revenues also outpaced expectations and executives predicted a strong fourth quarter following the release of new iPhones.

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Reuters, CNET
10/22/2020

"It's the Great Pumpkin, Charlie Brown" was a broadcast Halloween tradition for decades, but Apple's acquisition of all the "Peanuts" properties has taken it off the air. Apple
says Apple TV+ will show the holiday classics free of charge for a limited time, and has announced plans to develop new holiday features centered on the beloved cartoon characters.

10/22/2020

Kristen Welker, a White House correspondent for NBC News and co-host of the "Weekend Today" morning news program, will moderate tonight's debate between Joe Biden and President Donald Trump. Welker has earned both praise and criticism from Trump in the past, and will be the second Black woman moderating a debate between presidential candidates.

10/22/2020

AT&T's WarnerMedia more than doubled its HBO Max activations in the third quarter, reaching 28.7 million total, although the number doesn't distinguish between eligible viewers and those who actually access the service. The company's video services lost 627,000 subscribers overall, many from DIRECTV, compared to about 1 million each during the past two quarters.

10/22/2020

In its Q3 earnings report, released this morning, AT&T revealed that WarnerMedia's HBO Max streaming service added 8.6 million subscribers in the quarter. HBO and HBO Max subscribers in the U.S. together reached 38 million, exceeding the company's initial year-end target of 36 million with a combined net gain of about 1.7 million subscribers in Q3. Worldwide, the HBO brands have 57 million subscribers.

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Variety online, CNN, Next TV
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WarnerMedia
10/22/2020

Netflix subscribers in its Asia-Pacific region jumped 62% over the past year, the company said in its Tuesday earnings announcement. Revenue from the region grew even more, up 66% year over year. For comparison, subscriptions in Netflix's home region, the U.S. and Canada, grew only 8% in the same period, and revenues only about 12%.

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Next TV
10/22/2020

In its Q3 earnings report, Verizon reported that its Fios TV pay-TV service has lost 277,000 subscribers through the first nine months of the fiscal year, or 29.9% from the previous-year period.

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