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FCC approves Altice-Cablevision deal; Microsoft buys provider of IoT services


Next in Tech | Episode 167: FinOps And Battle For Cloud Costs


MediaTalk | Season 2
Ep. 12 - Broadband's Growth Outlook as Subsidy Program Ends and Fiber Expands


MediaTalk | Season 2
Ep. 13 - Who Is Investing In The Metaverse And Why


Next in Tech | Episode 166: The NAB Show And The Broadcast Market

FCC approves Altice-Cablevision deal; Microsoft buys provider of IoT services


* bought Solair, an Italy-based providerof Internet of Things services to industries, for an undisclosed sum. Solair'stechnology will be integrated into the Microsoft Azure IoT Suite, according toan official blog post.Solair offers IoT services across a number of industries, includingmanufacturing, retail, food and beverage, and transportation.

*The FCC approvedNetherlands-based AlticeNV's proposed acquisition of Cablevision Systems Corp. Approving the deal, the FCCsaid in a filing thatthe deal is "unlikely to result in any significant public interestharms" and could provide benefits of increased broadband speeds and moreaffordable options for low-income consumers. The transaction is still awaitingapproval from the state of New York and New York City, according to a Reuters report.The deal is expected to close in the second quarter.

TV Networks

*VICE Media Inc. struck a production and distribution with ESPN (US). Under the partnership, VICE Sportswill produce new original series that will air exclusively on ESPN's television,digital, and mobile properties.Additionally, select documentaries from ESPN Films' "30 for 30"series will be made available on VICELAND television network later in 2016,according to a poston Also, ESPN's linear and digital channels, includingWatchESPN, will feature original episodes of VICE Sports series "TheClubhouse." ESPN is owned by Walt Disney Co. and HearstCorp.


*Alphabet Inc.'sGoogle Self-Driving Car Project and Fiat Chrysler Automobiles NV teamedup to work on a fleet of about 100 self-driving minivans. As part of apartnership, the companies will integrate Google Inc.'s self-driving technology into the 2017Chrysler Pacifica Hybrid minivans, according to a company . Financial terms of the dealwere not disclosed.

*A Chinese court ruled in favor of an accessories maker in a dispute withApple Inc. over theright to use the "iphone" name, Bloomberg News reports,citing a Chinese publication. Upholding a 2013 verdict, the ruling allowsXintong Tiandi Technology (Beijing) Ltd. to continue using all-capital IPHONElabel on its products. Apple, however, will retain the trademark for mobiledevices. Xintong makes products like smartphone cases, wallets and clutches.

* Inmore company news, Apple lost a bid to import and sell refurbished iPhones inIndia, Bloomberg News reports,citing a telecommunications ministry official. Indian authorities citedofficial policy to reject Apple's application, according to the report. TheiPhone maker is also seeking permission to open retail stores in the country.

Internet & OTT

* Aban on 's WhatsApp servicehas been lifted in Brazil, Facebook CEO Mark Zuckerberg said in a post on thesocial networking website. Zuckerberg also urged people in Brazil to attend anevent where laws preventing bans on Internet services will be introduced, andto sign a petition. The messaging app was blocked in Brazil after itreportedly failed to provide information that was sought as part of a criminalprobe.


*The Communications Workers of America, along with Common Cause, PublicKnowledge, USAction, Citizen Action of New York, Progressive Maryland, VirginiaOrganizing, and Keystone Progress, filed a complaint with the FCC against Verizon Communications Inc. over claims that the carrieris pursuing "unjust and unreasonable" practices to force customers toswitch to fiber from copper. In the complaint, the parties asked the FCC toinvestigate the policies and practices and force the company to stop them.Additionally, the complainants argued that they support upgrading customers tofiber as long as it is in compliance with the rules of the FCC. In a statement,Verizon called the complaint "ridiculous" and a publicity stunt that isbeing used to distract from "real issues" that need to be addressed, Multichannel News reports.

The day ahead

Earlymorning futures indicators pointed to a lower opening for the U.S. market.

InAsia, the Hang Seng was down 0.73% to 20,525.83.

InEurope as of midday, the FTSE 100 fell 1.23% to 6,109.69, and the Euronext 100dropped 0.88% to 851.71.

On the macro front

TheADP employment report, the international trade report, productivity and costs,Gallup U.S. job creation index, PMI services flash index, the factory ordersreport, ISM non-manufacturing index and the EIA petroleum status report are dueout today.

Featured news

The Daily DoseEurope: FCC approves Altice-Cablevision deal; EU to say no on Three-O2deal: The FCC has approved Altice's takeover of Cablevision, citingno concerns for public interest harms, while EU commissioners are preparing tovote against Hutchison's proposed acquisition of Telefónica's British mobileunit O2.

ConferenceChatter: VR: Theater owners' next biggest challenge: Just astheater companies have learned to compete with digital streaming video, nowthey must compete with, or embrace, the next biggest challenge: VR.

ConferenceChatter: Upfront and Personal: BuzzFeed serves up Tasty views andtreats: Multiplatform news and information purveyor BuzzFeedemphasized its growing Tasty network, as well as projects from its"multi-hyphenate" talent base, during its newfront presentation tomedia buyers.

M&AReplay: European deals through April 29: FremantleMedia, Nokia,Hutchison: SNL Kagan provides a wrap-up of European media andcommunications deal announcements, completions and updates from April 25 toApril 29.

The week inOTT: 'The Punisher' gets spinoff series on Netflix; Hulu orders newseries: "The Punisher" is getting its own spinoff serieson Netflix Inc.,while Hulu LLC hasgiven a straight-to-series order to MGM Television drama "The Handmaid'sTale."


WirelessInvestor: New SNL Kagan Report: Economics of Mobile Programming: Asusual, the U.S. mobile video market has changed significantly since our lastannual overview. SNL Kagan examines this dynamic sector in our exclusive newreport.

Economics ofTV & Film: Big summer films pegged to gross $4.58B in 2016: Thesummer box office season is poised to kick off in a big way on May 6, when"Captain America: Civil War" takes over theaters across the country.

Economics ofAdvertising: CBS leads disappointing March for broadcast nets:CBS (US) led domesticbroadcast networks in 24-hour and prime-time C3 household ratings in March,according to NielsenHoldings. However, the network's 24-hour rating was down 5.5% yearover year, and its prime-time rating slipped 10.1%.

Economics ofAdvertising: A look at prime-time pilots on broadcast, cable in Q1:We used ratings data from comScore Inc.'s TV Essentials to analyze the performanceof TV pilots on broadcast and basic cable networks during prime time for thefirst quarter.

Economics ofAdvertising: Outdoor, out-of-home ad revenue down 0.3% in Q4'15:Outdoor and out-of-home revenue for OUTFRONT Media Inc., Lamar Advertising Co. and averageda year-over-year decline of 0.3% during the fourth quarter and a 1.2% decreasefor full year 2015. 

Recent earnings 

CBSposts record quarterly revenue with bullish 2016 outlook: SuperBowl 50 revenues drove the growth. Executives expect the momentum to continuewith political advertising revenue spending in the latter half of the year andstrong advertising demand.