International Newspapers Financial Executives
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Economists, investors increasingly at odds about global growth
Views of economists and investors on the future of the world economy are significantly diverging. Economists contend the first quarter's downturn was temporary, while investors see growing current-account deficits and moves by central banks to raise interest rates as signs global growth will continue to slow down.
Nielsen To Add Time-Shifted Viewing Metric To Local TV
The company says the metric will first be available via monthly reports, starting in July. Daily reports will be available starting in September, which Nielsen says will be "precisely reporting on
each live [program] plus 27 hours of [time-shifted] viewing."
Ad Tax Fight Moves To California.
Congress may’ve opted to leave a so-called ad tax out of the mix in federal tax reform but the idea continues to reappear in state legislatures across the country. The
TV Programmers Embrace New Ways of Viewing Via Apps
TV Everywhere usage is up, as CTAM's TVE tracking survey recently found, and TV content creators are driving viewership through offering more types of programming via their apps than ever before. Technology improvements, such as single-sign on mechanisms are making it easier for subscribers to log in to multiple apps at once, motivating viewers to access content while they are on the go. Read more.
MGM focuses on growth for Epix
MGM is focusing on repositioning subscription service Epix, with plans including expanding distribution and enhancing content offerings. Epix will soon be available in Comcast's 22 million pay-TV homes, and the company plans to have 50 to 60 hours of original scripted content and 70 to 80 hours of unscripted content by 2019.
Senate votes to revive 2015 net neutrality rules
The US Senate voted 52-47 Wednesday to approve a resolution to block the Federal Communications Commission's planned reversal of net neutrality rules adopted in 2015, during the Obama administration; three Republicans voted with the Democrats. The measure faces an uphill battle in the House, where the minority Democrats said they will attempt to amass enough signatures -- 218 -- to file a discharge petition to force a vote.
Disney, Discovery, A+E, AMC tap advanced TV ad metrics
Disney, A+E Networks, Discovery and AMC are following in NBCUniversal's footsteps by introducing attribution-based measurement for advertisers that will enable brands to track how TV ads drive business results. Discovery, A+E and AMC are working with Data Plus Math, while Disney's new advanced advertising is powered by Luminate.
Charter to spend $1B-plus on fiber buildout investment
Charter Communications' Spectrum Enterprise unit will spend more than $1 billion this year deploying its fiber network. The company has around 200,000 fiber-lit buildings in 41 states and is building its network at a rate of about 50 buildings per day.
; James Murdoch Conspicuously Absent
Lachlan Murdoch will serve as chairman and chief executive of the “New Fox,” to be formed after the proposed sale of most of 21st Century Fox’s film and TV assets to Disney, with …
Will Automation Disrupt Democracy? Debate Yields Dystopian Outlook
From the Arab Spring to Russia's hacking of America's Fall 2016 elections, technology -- especially automation -- has been a disruptive political force. But what role is it playing in the disruption
of the workforce that may or may not undermine democracy? That was the motion postulated by Intelligence Square U.S. during a debate this week. Based on the outcome of Monday's discussion, the the
jury was still out among the live audience participants in New York City, but a decisive majority of…
Why Traditional TV Is In Trouble.
As TV networks roll out the red carpet for the annual ritual known as the upfronts, they’re facing a more challenging environment than ever to lure advance commitments from advertisers.
End To ASCAP-BMI Consent Decrees Would Unleash
The Dept. of Justice’s list of which consent decrees to target for possible elimination still includes the decades-old agreements covering how radio licenses music from ASCAP and BMI. But The
CBS files suit against National Amusements
CBS on Monday filed a lawsuit against National Amusements and the Redstone family in a move to significantly reduce the company's voting power as controlling shareholder. The lawsuit aims to prevent National Amusements from changing bylaws or ousting directors ahead of a Thursday vote to potentially issue a dividend that would drop National Amusements' voting rights from approximately 80% to 17%.
Cable TV Sees Rise In VOD Ad Usage
Canoe Ventures says its dynamic ad-insertion technology, which allows advertisers to target ads that can be swapped in and out of VOD content, rose 25% in the first quarter of this year to 6.1
billion ad impressions.
Comcast's internet revenue climbs to $4.2B
Comcast's high-speed revenue rose to a high of $4.2 billion in the first quarter, while the company's video revenue reached $5.7 billion, the smallest-ever revenue difference between the two services. The company has 22 million pay-TV subscribers and more than 26 million internet subscribers.
US threatens sanctions on European firms tied to Iran
The US might sanction European companies that do not end business with Iran, White House national security adviser John Bolton says. Secretary of State Mike Pompeo has taken a more conciliatory tone, saying he is optimistic the US and allies can negotiate a new nuclear agreement with Iran.
Google plans voice device blending TV, video, search
Google plans to better position itself in the race to bring voice assistants to more households with the ability to watch YouTube and YouTube TV on future display-equipped Google Assistant-powered devices. The new capability, expected later this year, would combine TV, video, search and voice in a single device.
Hulu, NBCU sign deal for more Telemundo programming
Hulu has signed a deal with NBCUniversal's Telemundo to add more Spanish-language programming to the streaming service's lineup. Under the deal, Hulu will add over 3,500 episodes from 28 shows to its catalog.
Altice ahead of schedule with MVNO integration development
Altice USA is ahead of schedule in the infrastructure and integration development needed for its MVNO agreement with Sprint, CEO Dexter Goei announced. Goei said the agreement will allow the company "to expand the bundle of services we offer customers at very economic cost" compared with competitors.
Fed study suggests US interest-rate fluctuations hardest on emerging markets
A study by Federal Reserve Board economists finds that changes in US interest rates are hardest on emerging markets that have high inflation and weak financial metrics. "On the dark side, these responses seem to be large, to the point that they suggest that foreign economies -- especially vulnerable, emerging economies -- may react to U.S. monetary shocks more so than the U.S. economy itself," write study authors Matteo Iacoviello and Gaston Navarro.
ZPG to be acquired by Silver Lake for $3B
Silver Lake plans to acquire ZPG, owner of British property websites PrimeLocation and Zoopla, for $3 billion. The price Silver Lake is paying is a 31% premium to the price of ZPG when trading closed Thursday.
Senate to vote on open internet reinstatement
The Senate will likely vote next week on whether to overturn the Federal Communications Commission's repeal of net neutrality rules following Wednesday's submission of a new discharge petition by Democratic senators that can force a vote. The House would still have to follow suit.
Univision gets broadsided by staff-written critique of its failed strategy
Not that long ago, Univision was being celebrated by many in the media industry for making a smart expansion into digital, powered by its significant market share in Spanish-language news and entertainment television. It hired dozens of high-profile journalists for its new Fusion division, and acquired what was left of Gawker Media out of bankruptcy. […]
NBCU's Yaccarino talks ad metrics with IAB's Rothenberg
At the Interactive Advertising Bureau Video Symposium, NBCUniversal's Linda Yaccarino spoke to IAB CEO Randall Rothenberg about her company joining the OpenAP consortium, its own custom solutions and how TV networks are open to better third-party measurement.
Disney's Iger expresses confidence over Fox deal
Disney CEO Bob Iger is confident that the company will be successful in acquiring 21st Century Fox assets despite the threat of a competing bid from Comcast. Also, Iger noted that the company's upcoming direct-to-consumer over-the-top offering is "not dependent at all on the assets we're buying from Fox," noting the service would focus on carrying Disney-owned programming, including Marvel, Pixar and "Star Wars" content.
Charter signs expanded distribution deal with CBS
Charter Communications has signed a multiyear distribution deal with CBS, the companies announced. The deal includes retransmission agreements for O&Os across major markets; carriage agreements for Smithsonian Channel, Showtime and CBS Sports; and authenticated rights for CBS and Showtime streaming content.
Comcast reportedly prepping $60B Fox bid
Comcast is reportedly preparing details for an all-cash, $60 billion bid for 21st Century Fox assets should the US government approve the AT&T-Time Warner merger. Fox previously agreed to sell the assets to Walt Disney Co., but Comcast has been eyeing a hostile bid for the assets, which would reportedly include pursuing consolidation to secure 100% ownership of UK pay-TV provider Sky.