Comcast Business will provide managed broadband services to customers of Canada's iTel Networks that are based in the US, the companies said. The arrangement calls for Comcast to support enterprises by offering unified solutions for operating and managing their networks.
The team behind Showtime's "Billions" will come back to the network with a show about ride-sharing pioneer Uber, based on the Mike Isaac book, "Super Pumped: The Battle for Uber." The series will center on founder and original CEO Travis Kalanick, who was eventually forced out of his post.
Bernstein Research issued a bullish outlook for cable companies, predicting that cash flow will rise by not much under 10% due to lower capital spending and sustainable pricing of broadband services. "[V]ideo [is] less important to financial results," Peter Supino wrote in the company's research note, adding that increased scale should help sustain the industry's margins.
Netflix said that it added 6.77 million subscribers in its latest quarter, a figure ahead of analysts' estimates, but issued a more bearish outlook for the current period and the entire year due to rising competition. Executives gave a more upbeat assessment in a third-quarter earnings call, asserting that new streaming rivals will have only a minimal effect on the company's growth.
Television writer and producer Shonda Rhimes will take charge of development for Shondaland Audio, a network Rhimes will launch in partnership with iHeartMedia's podcast division. The deal includes the production and distribution of several original podcasts during the upcoming three years.
Roku has added Apple's free TV app in advance of the November 1 debut of the company's Apple TV+, the $4.99 monthly streaming service that will provide exclusive original content. The app lets users access the service, and gives them the ability to view films, TV episodes and other content as well as accessing their video downloads in iTunes.
HBO signed comedian Sarah Silverman to develop a live late-night series in which she will take video calls, as well as a special featuring her stand-up routine. The network also secured actors Laura Dern and Amy Adams to star in "The Most Fun We Ever Had," a series based on a 2019 novel by Claire Lombardo about the lives of four sisters.
The international spring MIPTV conference will get a makeover in 2020, with a new focus on providing attendees with market intelligence as well as programs about formats, facts and content aimed at children, organizers said. "In this complex marketplace, we know everything is changing so quickly and people need to really understand where the market is going," Reed Midem's Laurine Garaude said.
A study found that 52% of children surveyed are using TV watching time to multitask with social media, video games and second-screen video. "In many instances, focus is being traded for quantity, and this is a rising concern and challenge for content owners and advertisers," says Carl Hibbert of Futuresource Consulting, which surveyed children aged 3 to 16 in the US and six other countries.
The AMC Entertainment movie chain will let US internet users rent or buy films after their theatrical windows end under rights agreements completed with Disney, Sony, Warner Bros., Paramount and Universal, CEO Adam Aron announced. AMC will charge between $3 and $5.99 to rent films online from a library of about 2,000 current and older movies.
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