Here are the editor's top picks for the week.
ITV, BBC's BritBox hits profit in North America, coming to more devices in UK
ITV PLC and British Broadcasting Corp.'s BritBox subscription streaming service has reached profitability in North America, ITV's subscription video on demand group Director Reemah Sakaan said in an interview. Sakaan declined to provide updated subscription numbers but said the service had added a significant number of customers in the U.S. and Canada since it surpassed 650,000 subscribers in the region in July.
Verizon, Amazon partner to test 5G edge-based cloud computing technology
Verizon Communications Inc. and Amazon.com Inc. will partner to test cloud infrastructure and processing at the edge of Verizon's expanding 5G mobile network. Amazon's AWS Wavelength allows customers to deploy certain parts of their applications closer to the user, providing lower-latency operations while also maintaining a connection to AWS cloud's full suite of centralized services.
Discovery planning for Magnolia launch, mulling broader DTC service
Discovery Inc. plans to follow the recipe it used to open its Food Network Kitchen when it launches a new network tied to celebrity couple Chip and Joanna Gaines next fall. Peter Faricy, CEO of Discovery's global direct-to-consumer unit, said at an investor conference that the programmer is working toward an "October-ish" launch of the linear network and streaming service.
US proposes tariffs on $2.4B of French products
The Office of the U.S. Trade Representative proposed tariffs on $2.4 billion of French products in retaliation for France's digital tax, which the USTR determined discriminates against U.S. tech companies. The agency completed the first segment of its investigation into the taxes and concluded that it is unreasonable, discriminatory and burdens U.S. commerce.
Q&A: Dalet considers Taiwan, Philippines market entry
French media workflow and asset management software company Dalet SA is looking to expand in APAC after making a "dent" in Japan but is unlikely to launch in mainland China, said Patricio Cummins, general manager of Dalet Asia-Pacific. The company agreed to acquire Ooyala Inc.'s Flex Media Platform in July for €4.3 million.