Technology
Articles involving technology companies, hardware, software and industry trends.

Justice Department to scrutinize Fox-ESPN-TNT Sports streaming service
The DOJ review will focus on antitrust issues and is likely to come after the three broadcasters finalize their plans for the sports-inclusive streaming service.

Dish parent Echostar weighs $3 billion spectrum-backed bond sale
Echostar is weighing the sale of $3 billion in bonds that would be backed by some of its wireless spectrum.

Sky Showtime to launch ad-supported tier
Comcast and Paramount's joint venture Sky Showtime has announced plans for a lower-priced, ad-supported plan.

Legal news service Law360 lays off journalists
Law360 has laid off around 10 percent of the operation's newsroom employees, about a month after union journalists held a one-day strike.

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.

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.

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.

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.

Vix grows to 7 million subscribers, boosts Televisa-Univision’s ad business
Subscription revenues from Vix and other properties accounted for $700 million during 2023, the company revealed on Thursday.