Reps. Greg Walden, R-Ore., and Marsha Blackburn, R-Tenn., praised Federal Communications Commission Chairman Ajit Pai's proposal to roll back net neutrality rules but stressed the importance of legislation. "We remain committed to ensuring clear, permanent net-neutrality rules through the legislative process, encouraging investment in broadband buildout, and closing the digital divide across America," they said.
Forty-two percent of people tune in to sports, and the majority of those fans would pay to watch, an Ampere Analysis study has found. Among the study's findings are that fans are less apt to pay for events and competitions that have always been free and that younger viewers are more willing to pay for content from niche leagues.
AT&T is planning to buy out The Chernin Group's share of Otter Media, sources say. The deal for the digital holding company, which is a joint venture between AT&T and The Chernin Group, will likely come after the expected approval of AT&T's acquisition of Time Warner, the sources say.
Over-the-top news network Cheddar is launching in Europe through streaming service Molotov. Cheddar will continue to expand throughout the US by appearing on more streaming platforms, and the company plans to launch original content on certain platforms in 2018, says CEO Jon Steinberg.
Family-owned RFD-TV appeals to senior citizens and rural viewers by airing agriculture-focused content, variety series and reruns of family-friendly content, such as the series "Hee Haw." Founder Patrick Gottsch says the network's goal is to "reconnect city with country."
Viacom is planning to build up its six core brands with a strategy that includes reducing its focus on scripted content across its niche networks. CMT will have new unscripted pilots after "Nashville" ends, while some of TV Land's scripted shows are moving to Paramount Network.
Federal Communications Commission Chairman Ajit Pai today will outline plans to roll back net neutrality regulations, a proposal that will be voted on in December. Pai is expected to completely repeal the regulations, which went into effect under former President Barack Obama's administration, sources say.
BCN Telecom has added Mediacom Communications, Suddenlink and Cable One to its aggregated broadband service. "The addition of Cable One, Mediacom and Suddenlink significantly enhances our ability to provide the nationwide aggregation of broadband services which is critical for multi-location businesses," said Chief Operating Officer Julian Jacquez.
CBS is the "underdog" against companies such as Comcast, Disney and Netflix, CBS CEO Les Moonves said in an interview Thursday. To remain competitive, the company will likely need to partner with content and distribution companies, Moonves said.
Last week, NCTA-The Internet & Television Association applauded the Senate Finance Committee's approval of a tax bill and the National Association of Broadcasters voiced approval of the House's passage of a similar bill. Both bills lower the corporate tax rate and retain the deduction for advertising.
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