Verizon last week completed its US$4.5 billion acquisition of Yahoo's operating business assets, merging it with its existing AOL business to create Oath. The new subsidiary encompasses more than 50 media and technology brands -- including HuffPost; Yahoo Sports, Finance and Mail; AOL.com; Makers; Tumblr; TechCrunch; Flickr; and Build Studios. Oath is organized around content: news, sports, finance, entertainment and lifestyle. Oath's CEO is Tim Armstrong, who was CEO of AOL prior to the merge...
Alphabet shares reached a new record high on Monday, surpassing the $1,000 benchmark just a week after Amazon accomplished the feat. Investors placed bets that Google's core search and emerging artificial intelligence technology will help maintain the company's dominance over its Silicon Valley riva...
Comcast has led the way in cable television ever since it acquired AT&T Broadband a decade ago. However, in recent years, new technologies -- like IPTV and wireless TV from new competitors like AT&T and DirecTV Now -- have been eating away at Comcast's growth. That's why Comcast not only has...
Hulu on Wednesday announced a new live-streaming television service for $39.99 per month, which will place the company in direct competition with newly launched services from DirecTV Now, YouTube and other OTT content providers. The Hulu with Live TV beta will offer 50 channels of live-streaming tel...
Cable TV has been facing mounting attacks from new technologies and new competitors. C Spire recently joined the action, announcing plans to enter the pay-TV space. It's not yet clear what C Spire TV will be, or how it will impact the marketplace. We'll have to wait for C Spire to spell that out in ...
Following decades of slow movement due to cable companies facing no competition, the television world is changing rapidly. Lots of challengers have arisen in the pay-TV space in recent years. One of the latest comes from Verizon, which has improved its FiOS mobile app to offer data-free streaming. A...
YouTube has jumped headfirst into the growing market for live streaming television with the announcement of YouTube TV, a service aimed squarely at DirecTV Now, Sling and other streaming TV services. YouTube's cord-cutter friendly $35-a-month service will offer live sitcoms, dramas, news and sports ...
Wireless, telecom and pay TV -- including cable, satellite and Internet services -- are all on a growth trajectory, but each company is taking a different path. That means comparing them will be more difficult going forward. In the past, the companies in these sectors in many respects looked the sam...
Apple reportedly plans to follow premium channels HBO and Showtime, as well as streaming services such as Netflix, Amazon and Hulu, in creating its own original TV shows and movies. The company may be negotiating agreements with veteran content producers to buy the rights to scripted television prog...
AT&T and Time Warner executives this week appeared before a subcommittee of the Senate Judiciary Committee to respond to lawmakers' concerns about their $84 billion merger. Their testimony came at a time of high public skepticism of institutional power. Rival content and mobile providers applied...
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