CBS Radio is now officially part of Entercom Communications, which is now one of the top radio broadcasters in the country. Now that the deal is complete, the company has already started implementing new business practices, including a 5% reduction in spotloads, and has changed the formats of three stations seen as underperforming.
Univision is selling a minority stake in its Fusion Media Group -- which includes Fusion TV, Gawker sites and The Onion -- for up to $200 million. If Univision sells the stake, the company could maintain control but would likely make Fusion a stand-alone entity.
Fourteen CBS channels could go off the air on DISH if a carriage agreement is not reached, although DISH says there is still time for a deal to be reached. "In fact, negotiations regularly happen right up to the deadline and more often than not they are settled without issue," DISH said in a statement.
AT&T has introduced advanced 4G service in the form of LTE-Licensed Assisted Access in Indianapolis, providing theoretical gigabit speeds to some areas of the city, with plans to expand the service this year. The telecom recently announced plans to roll out its 5G Evolution program in Minneapolis.
Broadcom has completed its purchase of Brocade Communications 12 months after announcing the deal, which involved a regulatory review by the Committee on Foreign Investment in the United States. The $5.5 billion acquisition is aimed at boosting Broadcom's data center product market share.
Rural telecoms want the Federal Communications Commission to ensure that states can't circumvent the agency's moves to remove broadband service from Title II classification. In a letter to the FCC, several telecoms said reversal of Title II classification "is essential to getting and keeping communities connected."
Charter Communications director John Malone says the company has recently been approached by four firms -- including Altice, Verizon and Softbank -- to discuss a potential merger or acquisition. "The problem is none of them at this point have made a pitch that was worthy of bringing it to the board and proposing it seriously to the board," he explained.
NBC plans to stream over 1,800 hours of content from the 2018 Winter Olympics -- almost double the amount it streamed during the 2014 Games. Coverage will include live footage from practice sessions, simulcasts of network coverage and three digital-only shows.
If the Justice Department files suit to block the proposed deal between AT&T and Time Warner, "it may well be the antitrust case of the decade," James Stewart writes. Analysts are questioning why the government is threatening to block the deal, which is classified as a vertical merger.
Intel is betting big on 5G with new plans to build a family of 5G radio modems capable of transferring data wirelessly at multiple gigabits per second. The chips are scheduled for rollout in 2019 and will be part of a portfolio of Intel products for 5G, a service that's expected to deploy widely in 2020.