Iger steps down; parks chief will replace him | CBRS Alliance finishes standard for 3.5 GHz 5G | NBCUniversal offers local, regional CTV, OTT inventory
February 27, 2020
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Iger steps down; parks chief will replace him
Iger (Amy Sussman/Getty Images)
Robert Iger, who oversaw an increase from roughly $25 a share to about $150 in The Walt Disney Co.'s stock since he became CEO in 2005, announced he was stepping down from the post, and the company named parks and resorts chief Bob Chapek to replace him immediately. Iger, who will remain the company's executive chairman and focus on creative matters, cited "the successful launch of Disney's direct-to-consumer businesses" as one reason for his decision.
Full Story: The Wall Street Journal (tiered subscription model) (2/25),  Variety online (2/25) 
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Wireless & Broadband
The CBRS Alliance took a step toward enabling carriers to leverage 3.5 GHz frequencies in their 5G coverage by wrapping up work on specifications covering the mid-band spectrum, which work atop the Release 15 standard from 3GPP and support new radio as well as LTE. The new work expands on Release 15 by providing enhanced authentication support, reduced backhaul and latency requirements and a basis for expanded roaming.
Full Story: Mobile World Live (U.K.) (2/27),  FierceWireless (2/26) 
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Trends in Technology
NBCUniversal Owned Television Stations is launching Spot On to enable brands to purchase local and regional connected TV and over-the-top ads for 42 NBC and Telemundo stations and their digital assets, which reach 38% of US households and Puerto Rico. "By supplementing our owned inventory with directly acquired premium third-party inventory, clients can now, through a single buy, achieve the needed scale and efficiency for even the most complex buys," says NBC Spot On Senior Vice President Shawn Makhijani.
Full Story: MediaPost Communications (2/26),  The Wall Street Journal (tiered subscription model) (2/26) 
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Comcast has licensed a number of unscripted series from A&E Networks for the upcoming Peacock streaming service to bolster a library that already includes a number of shows in the genre. Series coming to Peacock include A&E's "Storage Wars" and "Cold Case Files" along with History's "American Pickers" and "Pawn Stars."
Full Story: The Hollywood Reporter (2/26) 
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IP Download
Altice app integrates service with Apple TV
(Josh Edelson/AFP/Getty Images)
A new app gives Altice One video subscribers service through Apple TV's 4K equipment, providing live TV, a cloud-based DVR, video on demand and the ability to restart some live shows after they begin. The deal, which mimics an Apple and Charter Communications integration agreement, also allows Altice customers to pay $10 each month to finance the Apple box.
Full Story: Next TV (2/26),  Light Reading (2/26) 
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Less than 20% of the traffic on devices running the internet of things are using basic security measures, the security firm Zscaler reports, saying that 83% of the traffic it observed from its cloud was sent in plain text rather than in the more secure SSL. The report described four ways in which devices lacked the proper security protocols.
Full Story: PC Magazine (2/26) 
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Digital Trends
Comcast has reportedly paid in excess of $100 million to purchase Xumo from Meredith Corp. and Panasonic, intending to operate the advertising-supported video-on-demand service independently. Xumo joins Vudu in the company's lineup of services that offer free streaming video over smart televisions, an increasingly important segment for companies trying to compete in the streaming arena without established rosters of original content.
Full Story: Variety online (2/25),  The Wall Street Journal (tiered subscription model) (2/25),  Los Angeles Times (tiered subscription model) (2/25) 
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