WarnerMedia's TBS and TNT have secured first-look agreements with Olive Productions, which is partially backed by Steve Buscemi, to develop comedy and drama shows for the networks. The deals will last for two years and include both scripted and unscripted programs.
T-Mobile wants to make sure that it won't be hit by a huge tax bill after it merges with Sprint, and is waiting for the IRS to tell it if a potential new rule applies to the company. The regulation would cap the amount of taxes that companies can offset when they combine with entities that have suffered major losses.
Netflix has changed "nothing" in its competitive strategy in the wake of Disney's entrance into the subscription video-on-demand market, Chief Content Officer Ted Sarandos told analysts saying, "it's "the exact same players, the exact same content." Sarandos also said that Netflix may eventually offer only original content as the major studios take back their content.
Five additional US Representatives and one more Senator have pledged their support for the National Association of Broadcasters' Local Radio Freedom Act, bringing the total number of lawmakers in favor of the legislation to 200. The act opposes the implementation of further royalty taxes on radio stations for airing musical content.
Cox Media Group is backing Houston morning radio host Kevin Kline as he raises funds for his non-profit "Snowdrop Foundation" by asking people to sponsor him on a 300-mile Arctic Circle run, during which he will carry the photos of some 1,750 children with cancer. Funds raised will benefit patients of Texas Children's Hospital.
The subscriber base for Mediacom Communications' 1 Gig Internet, which provides gigabit broadband, has passed 50,000 in two years, the cable company said. Mediacom is expected to begin testing a 10 Gig symmetrical platform next year, technology it developed in partnership with NCTA--The Internet & Television Association as well as other tech organizations.
The Communications Subcommittee of the House Committee on Energy and Commerce unanimously cleared legislation that would extend the Satellite Television Extension and Localism Act Reauthorization law and add a retransmission fee provision mandating that broadcasters bargain in good faith with collectives of smaller operators. Republicans who verbally dissented from parts of the measure agreed to allow the entire Commerce Committee to hash out a final version.
Lawmakers have recently introduced several bills in Congress aimed at bringing high-speed broadband service to more communities. State officials and advocates analyzed the potential effectiveness of three proposals: The Broadband Speed Act, The Community Broadband Mapping Act and The Broadband Parity Act.
Sprint vowed to reduce its carbon footprint and increase reliance on sustainable energy over the next several years, setting new targets for converting to renewable energy sources by 2025. The carrier cited the worsening effects of climate change and pledged to continue investing in alternative energy sources.
The recently named head of the Wireless Broadband Alliance, Tiago Rodrigues, promised to ensure that the new Wi-Fi 6 standard and 5G technology establish a smooth relationship. Rodrigues pointed to the growing convergence between the technologies, saying that each has its advantages in certain situations.
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