Demand for 4K/Ultra HD displays in North America and Western Europe will have a compound annual growth rate of 72 percent through 2018, according to new research published Friday by Futuresource Consulting.
EE, currently the subject of a £12.5 billion (€15.7 billion/$19.6 billion) bid by BT, has made an acquisition of its own by snapping up shares it did not already own in communications distributor Mainline Communications.
NJJ Capital, the private holding company of France-based Iliad founder Xavier Niel, agreed to buy Orange Switzerland from funds advised by Apax Partners for CHF2.8 billion (€2.3 billion/$2.9 billion).
After driving Aereo into bankruptcy, the major broadcast networks have asked a judge to block any asset sale that would allow the shuttered streaming media company to reinvent itself as a cloud-based DVR service.
Could the DVD be completely obsolete in just a few years? The market seems to be shifting that way: By the third quarter of 2015, subscription video on demand services will bring in more revenue than disc sales. And consumers will spend "at least" three times longer watching streamed video than DVDs, according to nScreenMedia.
Investors last week dumped the stocks of Verizon Communications, AT&T, Sprint and T-Mobile US in a hurry amid growing concerns that the carriers' wireless pricing battles are unsustainable long term and that rising costs of spectrum will combine with the price war to drive down carriers' profitability.
While both Verizon Wireless and AT&T Mobility have warned their shareholders to expect declining margins in the fourth quarter, analysts don't necessarily believe the wireless business is going to hell in a handbasket. FierceWireless ' Phil Goldstein takes a deep dive into the two giants' dichotomous message in this column.
The Wall Street financial analysts who watch the nation's carriers are in a bit of a tizzy this week because Verizon and AT&T, the two dominant players in the market, are warning of pressure on earnings and margins from promotions and higher subscriber growth in the fourth quarter. The analysts are worried because they think the competition from T-Mobile US and Sprint could get more intense. I think that'd be fine if that happens. If Verizon and AT&T lost profits and customers to Sprint and T-Mobile, I'd say that would be a grand development for the U.S. market and would be broadly beneficial for consumers.
Developing a new over-the-top, a la carte service is bound to create drama for HBO at some level. Some of that was revealed today as reports surfaced that the premium network will outsource its streaming to MLB Advanced Media--and news broke that HBO's chief technology officer, Otto Berkes, has resigned.
While conceding that Netflix and other SVOD companies are causing noticeable audience erosion for linear television, CBS research chief David Poltrack told a New York banking audience Monday that streaming is doing more good than harm for networks these days.