If you’re one of the approximately 258 people living in the town of Lu Verne, Iowa, your connection to the internet most likely rests in the hands of 80-year-old Michael Steil. Read More
Four months post-merger, Warner Bros. Discovery has charted a path forward that, if executed, will solidify it as a leader in SVOD, AVOD, linear and theatrical. Key to that is moving away from the trends we’ve seen in recent years of skyrocketing content spend and bulk buying and stepping toward quality, thoughtful investment. Read More
With large exposure to universities, second quarter is traditionally Altice USA’s worst of the year. So, it’s hoping it is only up from here. The operator posted a broadband loss of 40,000 subs following a 1Q22’s loss of 13,000. Read More
USDA announced a fourth round of the ReConnect program Thursday that will make available up to $1.15 billion in funding for broadband buildout projects. Read More
The FCC established a grant program at its open meeting Friday aimed at raising awareness for the Affordable Connectivity Program. The Consumer and Governmental Affairs Bureau will develop, administer and Read More
Despite AMC Networks ’ 2Q22 net revenue falling 4.3% YOY to $738 million, it saw a big push in its subscriber count across its streaming portfolio. The company recorded 430,000 sub adds in 1Q22, but in the Read More
Paramount is remaining steadfast on its goal of 100 million global DTC subscribers by 2024 as it posted total 2Q22 revenue of $7.8 billion Thursday. Total DTC revenue jumped 56% YOY to $1.2 billion as the subscriber count reached 63.7 million, which accounts for the removal of 3.9 million Russian subscribers. Read More
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