CBS CEO Les Moonves has been resistant to a Viacom merger due to the role Viacom CEO Bob Bakish might play at the combined company. However, a report indicates that Moonves is also opposed to the deal because he doesn't want CBS weighed down by Viacom networks, which he has deemed an "albatross" that could affect future carriage deals.
BET Networks CEO Debra Lee is resigning from her role as chairman and CEO effective May 28. Lee, who has been with the company since 1986 and was appointed to her current position in 2005, plans to continue to work in the media industry, including on initiatives such as Time's Up.
YouTube channel Bad Lip Reading has posted a video that has been viewed more than 7.8 million times already and includes clips of the royal wedding accompanied by voice overlays meant to be bad attempts at lip reading. Included is Prince Harry offering Meghan Markle a "golden unicycle" and Prince William noting that he and Harry are "puppets" with no free will.
Pabst Blue Ribbon has partnered with Vice to create two videos meant to highlight what the "American Dream" means to the culturally diverse millennial generation, with the first video released ahead of Memorial Day weekend. The two video documentaries will allow young people to share the American Dream's continuing strength, says Pabst.
Should Comcast make a formal bid for 21st Century Fox assets, the company would face the same regulatory hurdles that AT&T has faced for its proposed acquisition of Time Warner. An AT&T win in its antitrust suit with the Justice Department would not guarantee a win for Comcast, with antitrust attorney Henry Su saying that such a win would lead to "greater scrutiny of Comcast and Fox because there will be even more concentration of content between the two distributors."
Out-of-home viewing by millennials and Generation Z has led to a boost in broadcasting viewing, per Nielsen data. The data show that 39% of total out-of-home viewing and 45% of out-of-home viewing of sports programs came from those younger demographics.
Cox Communications technologist Jeff Finkelstein at an event last week discussed the possibilities of a next-generation cable network technology standard. DOCSIS 4.0 -- also known as DOCSIS dot Next -- could use over 1.2 gigahertz of plant spectrum to boost symmetrical speeds to up to 60 Gbps, Finkelstein said.
Publishers anonymously share their unfiltered thoughts about social platforms and video, giving the best responses about YouTube and Twitter. "Twitter is a breath of fresh air in that they do want to work with you," said one publisher.
Amazon would be a "formidable competitor" for QVC and HSN if it decided to join the video shopping space, despite the past failure of "Style Code Live," says Liberty Media CEO Greg Maffei. Amazon might not be able to scale to 100 million subscribers, but the online retailer still poses a challenge to shopping networks in the e-commerce space, Maffei says.
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