HC2 Broadcasting has spent approximately $100 million over the past year purchasing low-power TV stations. The company's goal is to combine the LPTVs with cloud technology, over-the-top and Next Gen broadcasting to create the largest and most flexible over-the-air distribution platform in the nation, says spokesman Andy Backman.
"CBS Evening News" anchor Jeff Glor interviewed President Donald Trump twice this week, making him the first evening news anchor to score an interview since May 2017. Glor opened up about the experiences, from the challenge of getting all questions answered in a short period of time to how Trump acted off-camera.
AT&T recently took a virtual reality tool to a Tennessee high school to teach young drivers the importance of keeping their eyes on the road. The 3D simulator experience, which included images illustrating the dangers of distracted driving, was used at a state-sponsored driver education camp.
Warner Bros.' DC Universe streaming service is available for preorder, with a launch set for fall. Meanwhile, Pluto TV's content library is growing by more than 200 titles thanks to a deal with Sony that will include access to classic TV shows such as "Bewitched" and movies such as "The Blob."
The 802.11ax standard will provide users with 5G-level speeds over Wi-Fi networks and be more economical, per a report from GlobalData. Equipment that supports 802.11ax is rolling out this year.
Discovery has extended CEO David Zaslav's contract for five years, keeping him on board through at least 2023. Zaslav, who has been with the company since 2007, was a driving force in Discovery's acquisition of Scripps Networks Interactive and Eurosport.
The Federal Communications Commission has voted unanimously in favor of having a judge review Sinclair Broadcast Group's proposed acquisition of Tribune Media, a move that could block the deal. Before the vote, Newsmax CEO Christopher Ruddy confirmed that he expressed his opposition to the deal to President Donald Trump.
Private-equity firm Silver Lake has offered to invest around $500 million in iHeartMedia, sources say. The proposed deal, which would be in convertible preferred shares, has reportedly not been accepted by iHeartMedia.
Comcast says it is stepping away from its bidding war with Disney over 21st Century Fox assets to focus instead on acquiring UK pay-TV provider Sky, with CEO Brian Roberts saying, "I'd like to congratulate Bob Iger and the team at Disney and commend the Murdoch family and Fox for creating such a desirable and respected company." Fox has agreed to a $71.3 billion purchase by Disney.
The average Comcast Xfinity Mobile customer is 49.2 years old -- older than the customer bases of rivals Verizon, Sprint, AT&T and T-Mobile, a survey has found. The survey also showed that Xfinity Mobile's average customer subscribes to one over-the-top service and that 10% of Xfinity Mobile customers are considering eliminating their pay-TV subscriptions.