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Optimum posts wider loss during Q1, mobile grows
Optimum reported lower overall revenue during Q1 as ongoing broadband and video losses offset gains in its wireless business.
EARNINGS REPORT
ATVA: FCC lacks authority to eliminate national ownership cap
The American Television Alliance says the FCC lacks the authority to lift or eliminate the broadcast TV ownership cap because certain rules were codified by Congress in 2004.
Altice USA changes name to Optimum, reports lower revenue during Q3
Optimum reported lower revenue across all business sectors, except wireless phone, during its third quarter of the year.
EARNINGS REPORT
Optimum expands channel options with new pay TV packages
The plans, called "Extra TV" and "Everything TV," build on the momentum of budget-conscious "Entertainment TV."
Comcast, Altice U.S. to stop offering CableCARD to customers
The providers are taking an initial step to move away from a piece of hardware that allowed subscribers to watch digitally-encrypted TV channels using third-party set-top boxes.
MyBundle CEO predicts “hundreds” of cable operators to shut down in coming years
Several cable TV companies have affirmed plans to turn off their traditional video service — and one industry expert thinks this is just the beginning.
Cable TV group opposes ‘all-in’ pricing proposal at FCC, citing high bills
A consortium representing small and rural cable operators claims customers will be "troubled" to learn the real cost of their television service.
Altice avoids carriage dispute between Optimum, Fox
Altice and Fox were able to reach a deal that averted a carriage dispute that had the potential to impact nearly 3 million Optimum subscribers.
Bango adds LinkedIn Premium to Digital Vending Machine
Bango has signed a deal with Microsoft-owned LinkedIn to add its social media platform's premium subscription to its Digital Vending Machine platform.
Nexstar agrees to divest six stations to close on TEGNA deal
Nexstar Media Group agreed to sell six television stations in order to gain regulatory approvals for its $6.2 billion acquisition of TEGNA, the Federal Communications Commission (FCC) revealed on Thursday.
FIRST ON THE DESK
Nexstar says it closes TEGNA acquisition, despite lawsuits
Nexstar Media Group on Thursday said it closed on its $6 billion acquisition of peer broadcaster TEGNA, despite two federal lawsuits that were recently filed meant to prevent the transaction from moving forward.
California, other states sue to block Nexstar-TEGNA merger
The attorneys general of California and eight other states have filed a federal lawsuit seeking to block Nexstar Media Group's proposed $6 billion acquisition of peer broadcaster TEGNA.