The advertising economy in the US continued its pandemic recovery with a 2.7% expansion in September, the second straight month of positive growth since the coronavirus took hold in March. Most increases came from the leading 10 categories of ads.
Nickelodeon has chosen Keke Palmer to host a one-hour Oct. 27 special, "Nick News: Kids Pick the President," in which the network will reveal the results of a presidential poll among the pre-voting-age set. Children will also learn voting basics and discuss some of the important issues facing the country.
President Donald Trump took to Twitter following his White House interview with "60 Minutes" journalist Lesley Stahl to complain that the network was biased against him and suggest he might leak footage of the interview before its scheduled air date on Sunday. Trump cut the interview short and skipped a planned segment with Vice President Mike Pence.
Moody's Investors Service cited expected broadband gains in switching its cable industry sector rating from "negative" to "positive." The bond rating service issued a note predicting a cash-flow gain of at least 5% in the next 18 months, following a 2.5% rise in broadband subscribers in the second quarter.
Netflix reported 2.2 million new subscribers between June and September, less than its previous estimates, and stocks fell accordingly. The company says that it faces competition from other streaming services as well as re-opening theaters and the resumption of sports games.
Comcast's Sky plans to open its first brick-and-mortar outlet in the UK, where it will market its entire line of products and services as well as offering dedicated hubs for customer service queries and interactive displays. Sky's first shop, in Liverpool, will have an Oct. 26 opening, with more debuts scheduled for 2021.
Even by the stringent standards of Netflix, which has earned quite the reputation for ditching seemingly popular shows before their third or fourth seasons, the announcement that Hilary Swank astronaut drama Away won't be back for a second season was surprising.
Quibi rolled out new apps Amazon Fire TV, Amazon Fire Stick, Apple TV and Android TV. Notably absent was Roku. Launched in April, the short-form streaming platform was originally intended to be a mobile-only experience.
After ending its 30-day free trial offer earlier this month, Netflix is testing a new promotional tactic - letting everyone in a given country access the service for free during a 48 hour window. The company will test its StreamFest promo in India, Dec. 4.
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