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Media & Comm, editor's picks: Sinclair to sell stations; NBCU to reduce ad time

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Media & Comm, editor's picks: Sinclair to sell stations; NBCU to reduce ad time

Here are the editor's top picks for the week.

Conference Chatter: Mobile World Congress: Vodafone CEO calls for tougher regulation of tech giants

Vittorio Colao, the CEO of British mobile giant Vodafone Group Plc urged telecom regulators to level the playing field between mobile operators and tech giants such as Facebook Inc. and Apple Inc. More lightly regulated internet platforms such as Facebook and Instagram are "the biggest telcos in the world" due to their reach, Colao said during a Feb. 26 keynote at the annual Mobile World Congress.

Proposed station sales preserve Sinclair's power, say observers

According to industry experts, Sinclair Broadcast Group Inc.'s recent plan to divest a number of stations in connection with its pending Tribune Media Co. purchase is as much about preserving the station group's power as it is about resolving regulatory concerns. As originally contemplated, Sinclair sought to buy Tribune's 44 television stations in a transaction valued at $6.6 billion, a combination that would have given Sinclair unprecedented reach and put it in violation of the Federal Communications Commission's media ownership rules.

NBCU to reduce ad time by 10% in original prime-time shows this fall

NBCUniversal Media LLC announced Feb. 28 that it plans to reduce the number of advertisements it airs within commercial pods by 20%, which would result in a 10% decline in ad time across its original prime-time portfolio. In turn, Comcast Corp.'s programming arm will deploy various new ad formats, including a new 60-second contextually programmed "Prime Pod," positioned in the first or last break of a show.

CBS eyes younger viewers with launch of OTT streaming sports news service

CBS Corp. took another step into the direct-to-consumer arena Feb. 26, launching CBS Sports HQ, a free, commercial-based streaming service focusing on sports news, information, highlights and analysis. A collaboration between CBS Sports and CBS Interactive, CBS Sports HQ provides live news and stats coverage from anchors and reporters, who will look to bring key insights to information and highlights that will be updated around the clock.

Virtual providers help AMC Networks boost sub base by 3% in 2017

AMC Networks Inc. saw domestic ad revenue decline nearly 10% year over year in the fourth quarter of 2017 behind lower "Walking Dead" deliveries. The programmer said its national networks' portfolio increased 3% in 2017, adding 11 million subscribers. AMC Networks' fourth-quarter 2017 net revenues dipped 0.4% to $726.9 million from $729.6 million in the prior-year period. Net income attributable to AMC Networks' shareholders totaled $145.5 million, or $2.33 per share, up from $14.5 million, or 20 cents per share, in the prior-year period.