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The latest stories published on The Desk.
Consolidated Communications to stop offering cable TV by end of year
Consolidated Communications will exit the cable television market by the end of the year amid a shift in focus on its broadband businesses.
Roku stock drops 24 percent amid ARPU concerns
Roku's stock price dropped 23 percent during the trading day on Friday as investors appeared concern over the company's sliding ARPU.
GCI sees slight revenue bump after adding broadband, wireless customers in 2023
GCI saw its overall revenue increase 1 percent during 2023 after making sizable investments in expanding its broadband services.
Paramount, Comcast hold talks about streaming joint venture, report says
The discussions have centered around a streaming-focused partnership or joint venture, similar to its Paramount and Comcast's Sky Showtime operation overseas.
German streamer Joyn lands on Magenta TV
German streaming service Joyn is now available to customers of Deutsche Telekom's television service Magenta TV.
Paramount lays off Noggin team, will shut down app
The kid-friendly app offered more than 1,000 interactive videos and games; some videos will shift to Paramount Plus.
WBD replacing Discovery Science with TLC in France
WBD will launch a local variant of its American cable channel TLC in France and several other countries this month.
Nexstar vows to fight FCC fine over WPIX deal with Comcast
Nexstar Media Group has appealed a $150,000 fine imposed against it over contract negotiations with Comcast concerning carriage of WPIX-TV two years ago.
Fox News Media promotes two ad executives to leadership roles
Trey Gargano will serve as EVP of Advertising Sales for all Fox News platforms; Ryan Roelle tapped for SVP role of national sales.
Roku grows to 80 million monthly active users, execs forecast ad business boom
Roku's platform revenue soared to $3.0 billion during 2023, or 10 percent higher when compared to 2022. Gross profit increased 6 percent to $1.5 billion.
Fox News schedules pair of town halls with Nikki Haley, Donald Trump
Fox News will conduct a pair of town hall interviews with the two leading candidates for the Republican presidential nomination next week.
TV NewsCheck says it needs $300,000 to restart operations
The editors of a popular broadcast industry website says it needs a significant amount of money in order to restart operations.