Groups urge House to back ACP discharge petition | NBA, NHL voice concerns as Diamond delays restructuring | Video viewing time rises six hours per week
Representatives should back a discharge petition forcing the House to vote on renewing Affordable Connectivity Program funding, 270 municipalities and advocacy groups stated in a recent letter. New Street Research member Blair Levin doubts that Republicans will back the petition, despite catastrophic implications for both consumers and ISPs if the ACP ends, due to procedural partisanship.
Diamond Sports Group caused the NBA and NHL serious concerns by asking to delay its restructuring plan until Nov. 14. The leagues say the move would leave their TV plans unresolved at the start of their seasons.
US homes with internet increased their average weekly video viewing by six hours between 2020 and the present, and 61% watch subscription streaming services over TV sets, Parks Associates found in a recent survey. Parks analyst Sarah Lee said that "many households enjoy a balance between finding something to watch and watching what they find."
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Roughly 7 million North Americans have signed up for Netflix's ad-supported plan, Wedbush Securities reports. Michael Pachter, an analyst at Wedbush, expects the company to add 8.5 million users in total by the time the quarter ends.
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Star Wars, Marvel and other franchises could supply content for a series of always-on Disney+ channels, sources told The Information. The channels would reportedly be similar to those available on free, ad-supported services like Tubi and Pluto.
Linear TV makes up 85% of connected TV ad inventory, a Bernstein Research study found, and CTV total inventory will probably have grown 3% between January and April. While cord-cutting is shrinking linear TV's inventory, Bernstein analyst Lawrence Yoon says that the format remains "the primary channel for mass marketing and a pivotal component for legacy players."
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