Comcast reports that almost 58 million customers in 39 states and the District of Columbia can now use Xfinity Gigabit Internet, pushing the company into the lead among US gigabit providers. Gigabit Internet is available for $104.95 monthly to first-time residential users after the introductory pricing period ends.
Panelists at TVNewsCheck's TV2020 covered the future of retransmission revenue and predicted that it will continue to grow rapidly in both the market and national scale. Many media groups, including Sinclair Broadcast Group, Nexstar Media Group and Tegna, are already expanding into the national broadcast market because of its lucrative potential.
CBS has named David Nevins chief creative officer, helping fill gaps in leadership left by the departure of Leslie Moonves. Nevins will continue to oversee Showtime as CEO but will expand his role to include creative services pertaining to the entertainment division of CBS Television and the company's 50% stake in the CW.
A recent Nielsen report shows that two-thirds of households with TVs purchase either Netflix, Amazon Prime or Hulu, and a study from Parks Associates puts the share of broadband customers who subscribe to at least three streaming services at a mere 16%. However, industry executives are optimistic that as the number of cord-cutters increases, the number of services they sign up for will too.
Fox News has announced that its talent roster at Fox Nation will include Brit Hume, Sean Hannity and Laura Ingraham. The streaming service, which is focused on commentary and long-form documentaries, is expected to debut soon.
Comcast Cable has brought roughly 37 apps onto its X1 platform and hopes to add at least 30 more before 2018 is out. The aim is to provide customers with access to the 100 leading connected TV apps, letting users view content from a variety of sources.
Designed for executives to enhance individual performance
The CTAM Advance Educational Series offers three courses that provide context for where the business is going in an interactive forum available to you at the convenience of your office! View additional details here.
Designed for executives with one year of experience or more, the CTAM Advance: Cable 2.0 course provides insight into the evolving industry, specifically highlighting the Five Forces of Change that affect everyone involved.