MCN Newswire: More Market Volatility; More Cord-Cutting; More GigaPower
Top Stories - Sept. 2, 2015
Media Stocks Bruised Again in Market Plunge Media stocks continued to plummet in September as the broader market continued to slide. more
RELATED: Cable Steady as Dow Plunges The Dow Jones Industrial Average slipped more than 384 points after opening on Sept. 1 on disappointing economic data from China, but cable stocks managed to keep their losses at a minimum early in the session. more
IHS: Cord Cutting on the Rise Research house IHS Technology added to the growing evidence that cord cutting emerged as a real threat in the second quarter, releasing a study that reports the pay TV business lost more than 658,000 subscribers in the period, driven by sluggish performance in the IPTV sector. more
AT&T Maps Out GigaPower Progress Taking a page from the Google Fiber playbook, AT&T has introduced a map that charts the deployment progress of its fiber-based GigaPower platform, highlighting cities that have the 1-Gig service today, have rollouts underway or are being "explored" for potential future launches. more
Comcast Tests 'Unlimited Data Option' Comcast is kicking the tires on an "Unlimited Data Option" in parts of Florida that lets high-speed Internet subscribers upload data and stream all the video they want for an additional $30 per month. more