For years, US cable operators got rich by offering fat “bundles” of hundreds of channels and raising prices regularly for television consumers. Now the “skinny bundle” is disrupting that model with internet-delivered packages offering live and on-demand programs. Google’s YouTube TV is the latest to enter this market with its bundle of around 40 channels … Read more
The US Justice Department on Thursday announced a deal with DirecTV to settle charges that it shared information with competitors negotiating to broadcast games played by a California baseball team. The settlement prohibits DirecTV and its parent corporation, AT&T, from illegally sharing confidential information with competitors and puts in place training and monitoring steps. The … Read more
Alphabet Inc’s (GOOGL. O) YouTube will launch a live TV service featuring U.S. broadcast networks and cable channels to attract young fans of online videos to a pay television package, YouTube executives said on Tuesday. The new offering, called YouTube TV, will compete with other services fighting to attract mobile-loving younger audiences who dropped pricier, … Read more
YouTube on Tuesday unveiled a streaming television service offering bundles of live channels, in a direct challenge by the Google-owned network to traditional cable and pay TV. YouTube TV was tailored for younger generations seeking news, films and more programs without subscribing to cable or satellite service, according to YouTube chief executive Susan Wojcicki. The … Read more
The US telecoms giant AT&T has announced that it will buy entertainment group Time Warner for nearly $86bn (£70bn). The deal was agreed at a meeting of the two boards on Saturday but will still need to be approved by regulators. Correspondents say it is the biggest deal in the world this year. It reflects … Read more