QUARTERLY REPORT

Amazon Stock Soars After Huge 4Q Earnings

Amazon’s move towards one-day shipping did little to hurt its bottom line during the holiday season, with the e-commerce giant reporting on Thursday afternoon its Q4 earnings easily surpassed Wall Street’s expectations. At the same time, Amazon shared it reached a new milestone when it comes to Prime memberships.

PlayStation’s Vue Streamer Is Shutting Down

Thursday marks the final day of PlayStation Vue’s existence. Beginning Friday, its users will have to search for a new way to stream their favorite cable networks. Sony, which announced the closure in October, explained it was closing Vue because of rising content costs and said it would rather focus on its core gaming business.

Former CNN Tech Correspondent Laurie Segall Joins 60 Minutes’ New Program On Quibi

BRAND CONNECTIONS

Facebook Settles Faceprint Fight For $550M

One week after the Supreme Court rejected Facebook’s request to intervene in a class-action over facial recognition technology, the company announced it will pay an eye-popping $550 million to resolve the matter.

Quibi Won’t Compete Directly With Netflix, Hulu

Quibi CEO Meg Whitman, who is 67 days away from the launch of the company’s ambitious new streaming service, claimed that the company doesn’t really see the likes of Netflix, Hulu or Disney Plus as rivals.

NAB SHOW 2020

NAB Show To Debut ‘Streaming Experience’

Attendees will be able to test more than 50 OTT platforms across streaming boxes, smart TVs, tablets and mobile devices.

DMA 4: PHILADELPHIA

CBS Launches CBSN Philly

It marks the newest expansion of major market local news streaming services from CBS and features local news content produced by KYW Philadelphia.

AT&T Pins Hopes On Premium Streamer

After losing nearly 1.2 million pay TV subscribers in the fourth quarter, AT&T looks for new premium streaming service to reverse its video fortunes. The company said in its 4Q earnings report that it hopes the introduction of “software-based” video services, AT&T TV and HBO Max, will be natural compliments to a sales push of fiber-to-the-home services and reverse the company’s failing video fortunes.

QUARTERLY REPORT

Facebook Reports 4Q Profit, User Growth

Its profit and revenue both handily surpassed Wall Street’s expectations. Facebook said that about 2.89 billion people use at least one of its services — Facebook, WhatsApp, Instagram or Messenger — each month.

Q&A WITH REED HUNDT

Reed Hundt: ‘We Were Naive’ About The Internet

Former FCC Chairman Reed Hundt talks about antitrust, Big Tech platforms, the future of the 1996 provision that provided legal protection to social media companies from liability for harmful content, and Facebook. 

CW Taps Haskins To Head Streaming, Branding

Rick Haskins now has oversight of the CW’s branding and marketing efforts and the network’s streaming strategy, programming, distribution and operations. (Photo: Jsquared Photography)

News Corp. Goes Live With Its Knewz Site To Fend Off Google

IPG Mediabrands Is First Agency To Subscribe To Nielsen Podcast Listener Buying Power Service

Effective today, IPG Mediabrands is now a subscriber to the Nielsen Podcast Listener Buying Power service, with eight agencies using the service under the IPG license. This is the first […]

Vox Media Aims For $20M+ Podcast Business In 2020

Global OTT Revenue To Top $200B In 3 Years

Disney+, Apple TV+, HBO Max and Peacock will spur growth in a market that was worth around $130 billion in 2019, ABI Research says.

QUARTERLY REPORT

Apple TV+ MIA In 1Q Earnings Report

Apple TV+ was one of the biggest product launches in years for Apple. But you wouldn’t know that from Apple’s just-released earnings. The streaming service, which launched last November after years of stops and starts, was not mentioned once in the tech giant’s first-quarter earnings report. During the subsequent earnings call with analysts, CEO Tim Cook dedicated only a brief mention of the new service when he said it was off to a “rousing start” but declined to disclose any actual subscriber numbers.

Netflix To Lay Off About 15 In Marketing Dept. Shift

Xumo Adds NBC News Now To Streaming Lineup

TVN FOCUS ON SALES

TVN Focus On Advertising | Local OTT Ad Sales Gaining Traction

Local broadcasters are making headway getting advertisers on board with their nascent OTT platforms, drawn by OTT’s targetability and sponsored content opportunities. However, obstacles still abound from finding a common sales language for the platform to a lack of overall standards and major issues with the ad stack. Above: KSL Salt Lake City put together a six-part series called Ski Lessons with Andy Phillips, who is a local Olympian skier. The series was sponsored by car dealers along with a ski resort and Ski Utah. (Source: KSL)

Flipboard Launches Local News Initiative

Flipboard on Tuesday will announce a new “Local initiative” to gather regional sources and national stories of local interest to users in 23 North American metropolitan areas, including Washington D.C., New York City, Los Angeles, Austin, Seattle, Toronto and Dallas. Where Flipboard thinks it can be useful is to provide local communities with a curated mix of not just news, but also lifestyle information about local sports, dining, weather, real estate, transportation and more.

Facebook Awards $700,000 In Local News Grants

Facebook on Tuesday will announce a new round of investment worth $700,000 in various news organizations across the country, executives tell Axios. Many of the new commitments focus on newsrooms that cover diversity. The investment is part of a greater than $300 million commitment from Facebook to invest in the news, especially local news.

Hours Spent Watching Video Rose 33% In 2019

‘Star Trek: Picard’ Breaks Streaming Records

CBS’s streaming service, CBS All Access, credits a trio of high-profile events — including the premiere of its new Star Trek series, Star Trek: Picard, as well as the 62nd annual Grammy Awards, not to mention a busy month of football — with helping it to achieve a new record for subscriber sign-ups in a given month. The company says January 2020 surpassed the service’s previous record in February 2019 for subscriber sign-ups. In addition, last week was the second-best sign-up week ever.

TVN’S NEWSROOM INNOVATORS

TVN’s Newsroom Innovators | Tegna’s Everyman ‘Road Trips’ Bolster Trust

WFAA’s David Schechter and parent company Tegna are putting ordinary people in Dallas in the role of reporters to tackle divisive issues like climate change, racism and Trump’s border wall. The results, longer-form Verify Road Trip stories on digital and broadcast, are gaining both viewers and trust.

Traditional TV Borrows From Streaming

As streaming becomes more and more the viewing norm, the content of the Netflixes, Amazons and Hulus of the world, bold and binge-friendly, is increasingly affecting the programming viewers see on cable and broadcast. Producers and networks alike know they have to create edgier, more serialized content to keep viewers attached to traditional TV and keep those legacy platforms relevant.

Disney+ Close To Sky UK Distribution Deal

Sky is on the verge of a deal with Disney to bring the Hollywood superpower’s new streaming service to millions of British homes. The pair were putting the final touches to a multiyear partnership over the weekend. Sky’s rivals Virgin Media and BT will be able to carry the Disney+ app, however, they will be unable to offer Disney+ fully integrated with other programming.

Linear TV’s Bumpy Ride Affects Ad Rev, Pricing

It’s no secret that cord cutting and an ever-widening variety of entertainment options eroded the ratings of linear networks by as much as 10% to 20% in the most recently completed broadcast year. But new details about how that’s impacted the networks’ advertising fortunes have surfaced in new data from Standard Media Index’s AccuTV ad intelligence platform, powered by Nielsen Ad Intel.

Vertical Video As A Tool For Reaching Younger Audiences

Meredith Sells FanSided To Minute Media For Around $15M

Google-Activision Deal Reshapes Live Streaming

Google’s YouTube Gaming unit escalated the talent war being waged among live-streaming powerhouses, announcing a deal with publishing giant Activision-Blizzard to exclusively stream events from three of the world’s most popular esports titles.