Verizon CFO: Intel Media Buy Speeds Up FiOS’s Next-Gen IPTV Plan; Discovery to Acquire Controlling Interest in Eurosport; Charter Warns TWC Shareholders That Time Is Running Out To Accept Deal
Top Stories - January 22, 2014
Verizon CFO: Intel Media Buy Speeds Up FiOS's Next-Gen IPTV Plan While speculation runs rampant that Verizon Communications' proposed purchase of Intel Media's OTT video assets marks an inevitable step toward the creation of a "virtual" MSO that the telco could use to sell a full-freight pay-TV service outside its FiOS territories, one of Verizon's top execs downplayed that potential scenario during the company's fourth quarter earnings call.more
Discovery to Acquire Controlling Interest in Eurosport Discovery Communications will acquire a controlling interest in Eurosport International, an extension of a 2012 deal with network parent TF1. As part of the transaction, Discovery will increase its interest in Eurosport from 20% to 51%, accelerating the agreement by nearly one year.more
Charter Warns TWC Shareholders That Time Is Running Out To Accept Deal Charter Communications continued its war of words with Time Warner Cable regarding its unsolicited $61.3 billion bid for the company, warning the cable giant's shareholders that the longer they wait to accept a deal, the less valuable their holdings become. more
Comcast Boosting Broadband Speeds For Some Bundled Customers Comcast confirmed Tuesday that it is introducing new double- and triple-play packages in its Central Division that standardize on broadband service tiers that essentially double the speeds provided in its existing service bundles. more
Amazon: We're Not Pursuing An OTT Pay-TV Service Amazon denied a report claiming that the online retailing giant is exploring a virtualized pay-TV service that would be delivered over-the-top and offer a lineup of live TV channels that would compete with cable MSOs, telcos and satellite TV service providers.more