Xfinity Mobile added a record 280,000 subscribers during the latest quarter as revenues soared by 70% year-to-year to reach $556 million. Brian Roberts, CEO of Comcast, said he expects unlimited data plans to help spark more growth.
Discovery Group leader Henry Schleiff, a 40-year veteran of the cable industry, is retiring from his post as of Dec. 31 after overseeing Investigation Discovery's success as well as managing three other channels. TLC Senior Vice President Jason Sarlanis will step up to lead three of Schlieff's networks, including Investigation Discovery.
The unique content creation and distribution model that Comcast has built means the company does not currently see value in major mergers or acquisitions, said leader Brian Roberts. He noted that Comcast would consider agreements that enhanced international distribution capabilities.
Parks Associates reports that 82% of homes in the US with broadband also had an account on one or more over-the-top services during 2021's first quarter, up six percentage points over the same period in 2020. The survey shows that 13% subscribed to both linear and streaming platforms.
HGTV has ordered three pilots and 11 new shows for its 2021-22 season, featuring stars such as Anita and Ken Corsini, for a total exceeding 85 episodes. The network is highlighting new topics, including cleaning, rentals, and in-home family relationships.
A nine-country MIDiA Research study shows that 52% of viewers tune out television advertisements, a slight decrease from 2019, while the percentage of people skipping online ads rose to 49% in that time. The company advises brands to seek partnerships across platforms.
By value, media and entertainment deals have accounted for almost 30 percent of all M&A announcements this year. Hear from thought leaders, a future-forward technologist, and a prolific TV critic to invigorate your thinking from several sides of the business and have you emerging this summer ahead of the curve of this fast-paced industry. Tune in today.
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