Industry News
Broadband & TV
Top stories summarized by our editors
8/6/2020

Former Vice President and presidential hopeful Joe Biden's election campaign has earmarked $280 million for digital and broadcast advertisements in Arizona, Colorado, Florida, Georgia, Iowa, Michigan, Minnesota, Nevada, New Hampshire, North Carolina, Ohio, Pennsylvania, Texas, Virginia and Wisconsin. The ads will focus on the current administration's response to the pandemic and feature Biden addressing voters directly.

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CNN
8/6/2020

Data from 900 Pulse Secure VPN enterprise servers -- including IP addresses, usernames and passwords, and administrator account information -- have been posted on the dark web. A security researcher noted that the breached servers were all running a firmware version that had a known vulnerability.

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Tom's Guide, ZDNet
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researcher
8/6/2020

Pandemic-related advertising declines drove ViacomCBS' second-quarter revenue down by 12%, but it and company profits still beat expectations. ViacomCBS reports increases in revenue from digital and streaming video as well as satellite and cable fees.

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Reuters
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ViacomCBS
8/6/2020

Nielsen plans to lay off roughly 3,500 staff members and unload the Global Connect division before early 2021. Shifts in the advertising industry, largely due to the coronavirus pandemic, hastened the restructuring.

8/6/2020

ViacomCBS plans to launch an international SVOD service in early 2021. In addition to content from CBS All Access, which is being super-sized next year, the new service will feature exclusive premieres of all new Showtime series.

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Next TV
8/6/2020

According to a new report from Kantar, 9.1% of U.S. households signed up for an additional subscription video-on-demand service in the second quarter, with Amazon Prime Video getting the largest share of those new subscriptions.

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Next TV, TheWrap
8/6/2020

Sony Pictures Television is launching Sony Canal, a new free, ad-supported television destination for U.S. Spanish-language audiences.

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Next TV
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Sony Pictures Television, Sony
8/6/2020

CenturyLink was able to weather the second quarter thanks in part to enterprise companies who sought to accelerate their moves to digital transformation, CEO Jeff Storey told analysts adding that he doubts workplaces will return to pre-COVID-19 days. Enterprise revenues grew 1.7% year-to-year and the telecom added 200,000 homes to its fiber footprint along with record 42,000 gigabit customers.

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CRN (US), FierceTelecom
8/6/2020

A pair of Senate Republicans proposed legislation that would earmark $100 million to speed the building of broadband services to underserved minority communities. The bill would codify existing federal efforts within an Office of Minority Broadband Initiatives as well as start a pilot program to support minority colleges access to community broadband programs.

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Multichannel News
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Senate
8/6/2020

Fewer people tuned into linear TV in the second quarter but those that did watched for longer periods of time, Samba TV reported in tracking 27 networks from its connected TV software. News networks drew the most loyalty, especially among Black viewers, but viewers also spent significantly more time at Nickelodeon and Disney Channel.

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FierceVideo

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