Cable Company Moving Toward Data Caps

kjonesIndustry News

Get ready for your home Internet connection to feel like your smartphone — bound by data caps, a large overage fee waiting to happen. Comcast gave some users the bad news Thursday. Consumers who exceed 300 GB in a month will have to pay for overages at $10 per 50 GB tier. Not surprisingly, they have the option to pay … Read More

Hulu To Spend On Content

kjonesIndustry News

Hulu plans to spend around $2.5 billion on content this year, Variety reports. The news comes from a moderated discussion with Hulu CEO Mike Hopkins in New York City this morning. While $2.5 billion might sound like a lot of money, it’s still significantly less than Hulu’s streaming competitors like Amazon and Netflix are spending. Netflix said in its earnings … Read More

Sling Gains Traction, But Dish Down

kjonesIndustry News, Streaming

Dish Network’s big gamble on offering live TV in an online-only service began showing signs of paying off during the Douglas County company’s recent quarter. Pay-TV subscribers grew about 88,000 in the second quarter, ended June 30, compared to the first quarter of this year. But growth of its Sling TV service wasn’t enough to offset the year-to-year decline in … Read More

Cable Company Drops Bid For Time Warner

kjonesIndustry News

It’s over Comcast formally withdrew from its pending $45 billion merger with Time Warner Cable on Friday morning — after the companies failed to convince regulators the deal would be good for consumers. “Today, we move on,” Comcast CEO Brian Roberts said in a statement. “Of course, we would have liked to bring our great products to new cities, but … Read More