Comcast and Charter Communications are in an exclusive, two-month agreement for discussions on providing wireless services, sources say. While a joint acquisition may be on the table, the more likely scenario is a resell agreement that would allow the cable giants to sell wireless services through Sprint's network, the sources say.
Charter Communications, Comcast, Cox and Verizon are backing the Federal Trade Commission and the Federal Communications Commission against AT&T Mobility in enforcing edge provider privacy. "[T]his position aligns with the companies' desire to reinstate a predictable, uniform, and technology-neutral regulatory framework that will best serve consumers and businesses alike," the groups wrote in an amicus brief.
The American Cable Association and NCTA - The Internet and Television Association have separately requested that the Federal Communications Commission close the gap in regulatory fees between satellite companies and cable and IPTV companies. Current proposed fees for satellite companies are 38 cents per subscriber, while they are 96 cents per subscriber for cable and IPTV companies.
Vimeo has confirmed that it will no longer be moving forward with the subscription-video-on-demand service it had planned to launch in 2018. The company says it will dissolve its development team and refocus its efforts on its creator community for video content.
MTV has announced that it will launch comedy game show "SafeWord" July 13 as part of its "Throwdown Thursdays" lineup. The show, from the producers of "Lip Sync Battle," will be hosted by Terrence J and will feature celebrity guests including Kelly Rowland, Kevin Hart and Marlon Wayans.
Nike's Pride Week campaign, #BeTrue, includes a spot celebrating the athleticism and dedication displayed by vogue dancer Leiomy Maldonado, showing the journey from grueling training to the joy of the dance floor. The ad was produced by Public Record and written and directed by Daisy Zhou.
Facebook is working with studios and agencies to acquire original scripted programming to ramp up its video platform this summer, sources say. The company has reportedly set a production budget of $3 million per episode for original scripted series and is also on the lookout for short-form content for its Spotlight section.
Altice USA's stock price continued its climb on its second day of trading Friday, rising 5% to close at $34.30. In the two days of trading since the company had its initial public offering Wednesday, its stock price has risen a combined 14%, outperforming companies including Cable One, Charter Communications and Comcast.
Comcast has launched its DOCSIS 3.1 gigabit service in Boston, providing faster speeds and greater accessibility throughout the city. The service will be deployed throughout East Coast cities in Maryland, Pennsylvania and Virginia this year as part of the company's mission to provide gigabit service to its entire footprint by 2018.
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