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AT&T, T-Mobile halts sale of Note 7 phones; NBC suspends 'Today' show host


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AT&T, T-Mobile halts sale of Note 7 phones; NBC suspends 'Today' show host


* AT&T Inc. and T-Mobile US Inc. halted the sale and exchange of Samsung Electronics Co. Ltd.'s Galaxy Note 7 phones following recent reports of nearly five replacement Note 7 phones catching fire or overheating, Recode reports. Also, Sprint Corp. and Verizon Communications Inc. are allowing users to replace their Note 7 handsets with other phones.

* Comcast Corp.'s NBC (US) suspended "Today" show host Billy Bush over his "language and behavior" in a leaked 2005 conversation with Republican presidential candidate Donald Trump, Bloomberg News reports, citing an internal memo. NBC Executive Producer Noah Oppenheim reportedly informed "Today" staffers that the suspension will remain effective until further review of the matter.

Internet & OTT

* Netflix Inc. CEO said at an event in New York that the likelihood of the streaming giant entering the Chinese market "doesn't look good," Bloomberg News reports. Reed Hastings also pointed out how the movie services of Walt Disney Co. and Apple Inc. were shut down in China even as they were "very good" in the country.

* Alphabet Inc. unit Google Inc. will shut down Panoramio, a location-centric photo-sharing service that the company acquired in 2007, on Nov. 4, according to a post on the Panoramio website. Google used Panoramio technology to bolster its Google Maps and Google Earth services with crowd-sourced imagery.


* Microsoft Corp. has scheduled a Windows 10 event Oct. 26 in New York City, according to a post on the company's website. While the software giant has not disclosed any details about what could be unveiled at the event, a report by indicated that Microsoft could unveil a new Surface tablet.

* The U.S. Court of Appeals for the Federal Circuit in Washington, D.C., restored a $119.6 million jury verdict in favor of Apple in a patent lawsuit with Samsung Electronics, Reuters reports. The court also upheld a damages award of $158,400 that Samsung was ordered to pay to the iPhone maker.

Film & TV Programming

* Alibaba Group Holding Ltd. unit Alibaba Pictures Group Ltd. joined forces with Amblin Partners, the production outfit backed by Steven Spielberg, to bring Hollywood content to China. According to an official blog post, Alibaba Pictures will buy a minority stake in Amblin Partners, and will also work with the company on the marketing, distribution and merchandising of Amblin movies in China.

* Universal's "The Girl On The Train" topped the domestic box office for the Oct. 9 weekend with $24.7 million, followed by 20th Century Fox's "Miss Peregrine's Home For Peculiar Children" at No. 2 with $15 million, and Lions Gate Entertainment Corp.'s "Deepwater Horizon" at No. 3 with $11.8 million, according to comScore Inc. Sony Corp.'s "The Magnificent Seven" was No. 4 with $9.2 million, and Warner Bros.' "Storks" was No. 5 with $8.4 million.

Featured news

The Daily Dose Europe: Facebook gets £11.3M UK tax credit; French software firm sues Apple: Facebook Inc. received an £11.3 million tax credit in the U.K. for future tax payments, while Apple is facing a French lawsuit over access to the App Store.

Q&A: Team Liquid co-CEO on why traditional sports owners are investing in eSports: S&P Global Market Intelligence spoke with Victor Goossens, founder and co-CEO of eSports franchise Team Liquid, about a new partnership with aXiomatic, a group that includes professional sports owners Peter Guber, Ted Leonsis and Magic Johnson.

In Play Today: Twitter considers sale; Apple eyeing Lit Motors: Twitter Inc.'s board is seriously considering selling the company and has received interest from a number of potential bidders in the media and technology space, while Apple approached a developer of an electric self-balancing motorcycle for a deal.

Data Dispatch: Verizon-Yahoo deal sees Allen & Co. LLC retain top spot in Q3 media M&A adviser rankings: While Allen & Co. LLC, Morgan Stanley and Qatalyst Partners LP remained the top three financial advisers on M&A in the media and new media industries in the third quarter, J.P. Morgan Securities LLC's involvement in three of the largest deals in the period saw it jump to the No. 4 spot.

Data Dispatch: Citigroup stays atop communications M&A adviser rankings in Q3: For the third straight quarter, Citigroup Global Markets claimed the top spot on M&A financial adviser rankings in the communications space, largely due to its involvement in Apollo Global Management's agreement to take Rackspace Hosting Inc. private in a deal valued at more than $4.0 billion.

Data Dispatch: Media debt offerings spike in Q3: The media, entertainment and new media sectors saw J.P. Morgan Securities LLC continue in the top position among media debt offering advisers in the first nine months of 2016, with capital offerings during the period remaining sparse.

Data Dispatch: Deutsche Bank Securities extends lead in communications debt offering: Deutsche Bank Securities stayed on top of the adviser rankings for the communications industry in the nine-month period ending Sept. 30, participating in 20 offerings for an aggregate deal credit of $14.52 billion.

Featured research

Multichannel Trends: LA multichannel market examination: MediaCensus estimates provide a detailed look at multichannel video subscribers in the Los Angeles DMA®. Cable providers have the largest share of TV households in the second-largest video market.

Broadcast Investor: 1st week of October – The radio deal market comes to life: The optimistic outlook of the latest NAB Radio Show, together with Beasley Broadcast Group Inc.'s acquisition of Greater Media in July, sent positive vibes to the radio deal market.

Global Multichannel: Ultra-Broadband Forum talks technology mix for wider deployments: Video, the Internet of Things and enterprise cloud services are the "killer apps" driving broadband upgrades globally, and wide-scale deployment of ultrafast broadband is only possible using a mix of technologies.

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