According to a report from mobile analytics firm Sensor Tower, when Quibi's three-month free trial ended July 5, only about 8% of viewers, or roughly 72,000 people stuck around to become paying customers. The company had originally set a benchmark of 7.5 million paying subscribers during year one, a number that is slipping out of reach.
Sling TV has become the first virtual MVPD service to launch on Comcast's Xfiinity Flex platform. The decision to offer a competing video service on the Flex platform shows that Comcast has made a strategic decision to hold on to high-margin broadband customers as the company sheds video subscribers.
In its first quarter earnings report, FuboTV reported total quarterly revenues of $51 million, up 78% compared Q1 last year. The company attributed the growth to a rise in subscribers, subscription Average Revenue Per User (ARPU) and advertising sales. The bottom line was a pro-forma net loss of $48.4 million in the first quarter, however the company saw paid subscribers grow 37% while ad sales soared 120%.
Windstream Communications has partnered with Nokia gear to upgrade its nationwide IP network to support 400G core transport in in Dallas, Chicago, Atlanta and Ashburn, Va., using the Finnish vendor's 7750 service router platform, the telecom said. The upgrade, which Windstream expects to complete in late 2021, will serve residential broadband and enterprise users.
AT&T is offering improved cloud support and cybersecurity with a managed software-defined WAN service based on Cisco's Viptela SD-WAN technology. The new offering is meant for a range of companies from small-to-medium businesses to enterprises.
Chicago is embarking on a $50 million public-private plan that will expand broadband access to low-income areas of the city with donors and city officials saying the Chicago Connected Project could serve as a template across the US. The city hopes to provide free internet access to 100,000 children in especially poor neighborhoods for four years.
Executives at Facebook have failed to take adequate action against misinformation and hate speech and continue to give political speech precedence, attorneys auditing the company's civil rights approach say. Auditors add that Facebook's stance on controversial political posts by President Donald Trump and others could leave US elections vulnerable to outside interference.
Nielsen's new measurement system for out-of-home viewing was scheduled to roll out in September but now will be delayed until an unknown point. The ratings giant blames the pandemic for the delay, which has frustrated many network executives.
Scripps' KASW-TV in Phoenix, Ariz., deployed Next Gen TV technology this week. This gives the area two signal transmission facilities, and a Scripps executive says the station will continue to focus on local programming.
Joy Reid will be the only primetime host on cable news who's a Black woman when "The ReidOut" starts July 20 on MSNBC The network tapped Reid to fill the 7 p.m. time slot left vacant when "Hardball with Chris Matthews" ended its 20-year run this past March.