Shareholders for Discovery and Scripps last week voted in favor of the $14.6 billion merger of the companies. "We still have a high expectation that that will be approved" despite not knowing the Justice Department's concerns with the deal, said Discovery shareholder John Malone.
CableLabs has certified a new round of DOCSIS 3.1 devices in preparation for retail sale. Arris' Touchstone TG3452, Kaon Media's VM3000G telephony D3.1 gateway and Technicolor's CGA4131 were all approved during the latest round of certification.
Digital media companies including Mashable, Uproxx Media and Defy Media face challenges with digital ad sales and raising capital, highlighting the need for industry consolidation and leading some to consider selling, sources say. "This is a time for companies with cash flow and capital to start acquiring the more challenged digital assets," says Bustle founder Bryan Goldberg.
Charter Communications director John Malone says the company has recently been approached by four firms -- including Altice, Verizon and Softbank -- to discuss a potential merger or acquisition. "The problem is none of them at this point have made a pitch that was worthy of bringing it to the board and proposing it seriously to the board," he explained.
FF New York's new digital campaign for HP celebrates LGBTQ employees and tells talented people from all walks of life that they would be welcomed and valued if they came to work for the company. "Proud Portraits" is based on Harvard Business Review research that shows that one-third of LGBTQ staff conceal their personal lives at work.
NBC plans to stream over 1,800 hours of content from the 2018 Winter Olympics -- almost double the amount it streamed during the 2014 Games. Coverage will include live footage from practice sessions, simulcasts of network coverage and three digital-only shows.
Stationary bike and fitness company Peloton unveiled a campaign showcasing new financing options. The video spot, which will run during the first quarter of 2018, also features clips from cycling classes consumers have access to with their purchase.
The Federal Communications Commission has unanimously voted in favor of seeking public comments on the elimination of cable systems reporting through Form 325. The FCC is requesting input on whether the costs outweigh the benefits and is also seeking alternative methods for collecting data.
Comcast and Verizon have each approached 21st Century Fox about acquiring several of its television and film assets, sources say. The potential buyers have reportedly expressed interest in entities such as cable networks National Geographic and FX, European pay-TV provider Sky as well as Fox's movie and TV production studios, though discussions are in the very early stages.