Television advertising sales in the U.S fell 8% to $61 billion in 2017 – the biggest slump in 20 years. Sales at cable networks dropped for the first time in a decade.
Distributors push back against content providers as price increases and growing content commitments eat into profitability.
Comcast drops its bid to acquire Twenty-First Century Fox. Disney will likely purchase Fox’s film and television assets before 2017 is over.
After decades of stifling innovation and blocking new content delivery models, cable companies are paying a hefty price that shows no sign of stopping.
After a decade of digital partnerships, studios and distributors are moving towards a wholly-owned strategy.
With increased competition from Netflix and Amazon, Canal+ lost a half of million subscribers in France during 2016.
Only days apart, the UK’s largest satellite broadcaster, Sky, and the US’s biggest cable company, Comcast, announced plans to expand their services online.
The UK government’s strategy to encourage investment during a downmarket is allowing firms to acquire valuable assets at deep discounts.
Orange CEO Stephane Richard, said the company would consider bidding for Canal Plus if it came up for sale, but denied merger talks with Vivendi.
Minutes before a planned vote to allow third parties to develop apps or devices for cable set-top boxes, the FCC removed the vote indefinitely.