Author: Luke Bouma
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Paramount is Reportedly Close to a Deal to Merge With Skydance, But Spectrum Cable TV is a Major Hurdle
Over the last month, news has been flying that Paramount is getting closer to a deal to be sold to or merge with Skydance. This comes as, for months now, Paramount has been in talks with multiple companies for a potential sale or merger. This includes talks with Warner Bros. Discovery, Apollo Global Management, and…
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Roku Is Still Losing Money, But It Narrowed Its Losses And Added 1.6 Million New Users in The 1st Quarter of 2024
Today Roku annoucned its 1st quarter 2024 earnings with some good news as the company stills struggles with a weak admarket. Revenue was up to $882 a 19% jump year over year. This comes as Roku added 1.6 million new active accounts now with over 81 million active accounts at the end of March 2024.…
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T-Mobile Added More Than 405,000 5G Home Internet Customers as Cord Cutting 2.0 Grows
2023 was a breakout year for 5G Home Internet providers led by T-Mobile and Verizon. Now, according to a report from the Leichtman Research Group, these two companies alone added more than 3.6 million new 5G Home Internet customers in 2023. Now cord cutting 2.0 is continuing to grow in 2024 as T-Mobile has reported…
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The FCC Has Voted To Impose Net Neutrality Rules on Comcast, Spectrum, & Others
The Federal Communications Commission today voted to bring back the net neutrality rules that were removed in 2017. “After the prior administration abdicated authority over broadband services, the FCC has been handcuffed from acting to fully secure broadband networks, protect consumer data, and ensure the internet remains fast, open, and fair,” FCC Chairwoman Jessica Rosenworcel…
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Bounce TV Could Soon Be Up for Sale as Its Owners Explore Options
This week CNBC learned that E.W. Scripps, the owners of the Bounce TV network, had hired a bank to evaluate a potential sale of the network. This comes after a failed effort to sell BET last year by Paramount Global. A deal that may not be completely dead, according to reports. Bounce TV offers shows…
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T-Mobile & Verizon Are Becoming the New Cable TV Giants Replacing Comcast & Spectrum
For years cable TV companies have built massive bundles of channels and services to become the giant companies they are today. Now, increasingly, they are struggling in the face of cord cutting and new competition. One of the surprising winners with the growth of cord cutting has been wireless providers. Verizon and T-Mobile are increasingly…
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Comcast Lost Over 487,000 TV Customers & Lost 65,000 Internet Customers in Q1 2024 as Cord Cutting is Speeding Up
Cord cutting is continuing to hit Comcast hard as the company has recently lost both TV and internet customers. In Comcast’s 1st quarter earnings report released this morning, the company reported it lost 487,000 cable TV customer losses. That works out to over 5,300 Subscribers Every Day. The company lost 65,000 broadband customers for the…
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Philo Adds 6 New Free Channels From A&E & Others
Today, Philo announced that it is adding six new free channels from A&E and others. Here are all the new channels added today: AMC Networks Overtime: Overtime is the leading brand for the next generation of sports fans. They tell the stories of today’s star athletes — and the stars of tomorrow – both on…
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Amazon’s New Home Internet Service Will Start Testing This Year – Here Is Everything We Know
Last year Amazon successfully tested its new Internet service from space that will bring Internet to homes and businesses starting next year. To reach that goal, Amazon received FCC approval earlier this year to start testing up to 1,000 prototype dishes all around the United States. This will let Amazon begin mass testing as it…
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Elon Musk’s X is Launching a TV App to Watch Video on Your TV
For years now, competitors have been trying to find a way to take on Twitch, the live streaming service that heavily focuses on gaming and YouTube. Now X formerly Twitter, is joining that push by building a live streaming service to let X users stream live on the platform like they would with Twitch. Now…