The dominance of Netflix's online streaming service came to light once again this week as the provider announced that it will be closing one of its call centers devoted to helping DVD customers, and either relocating or laying off 188 employees.
América Móvil reported that its net profit dropped 38 percent year-over-year to $754 million, falling short of analyst expectations due to an increase in taxes and weak results at its European holdings Telekom Austria and KPN.
Executives of online retail giant and SVOD provider Amazon, in the wake of a third quarter in which it posted record losses, were more subdued on the company's earnings conference call when it came to talking about their online streaming plans.
Juniper said it plans to conduct additional cost reductions after reporting that third-quarter 2014 revenues fell 5 percent year-over-year and 8 percent sequentially to $1.13 billion amidst falling U.S. service provider sales.
Telekom Austria rounded off a busy week with a set of results that produced approving nods from analysts and showed continued signs of improvement on Austria's highly competitive mobile market.
Orange produced better-than-expected results in the third quarter of 2014 as the France-based operator halted the pace of revenue decline and made progress with cost cutting.
Giving specific size and scope to the advertising slowdown the TV business is currently experiencing, cable networks saw their collective upfront ad haul drop 6 percent over the summer to $9.6 billion, according to statistics released by the Cable Advertising Bureau.
Just as athletes, actors and other celebrities have to deal with a new code of conduct in a world in which words, images and video travel fast, pay-TV providers are finding that their misdeeds and customer unfriendly billing practices can assume an exaggerated presence on the Internet.
Liberty Global said it will introduce a new tracking stock for its Latin American operations, splitting trading of its European cable operations and Latin American and Caribbean media businesses.
Employees of companies that perform technical work for DirecTV have filed two dozen federal lawsuits in the last seven days, arguing that they should treated as employees of the satellite operator.