Brightcove tops revenue expectations, appoints CMO

Brightcove reported revenues and profits that “exceeded expectations” in its fourth quarter, and has appointed former AT&T executive Neil Lieberman as chief marketing officer. Announcing results for the three months ended December 31, Brightcove reported revenues of US$31.4 million, up 5% year-on-year, while gross profit was $20.2 million, compared to $19.8 million for the same quarter […]

Snapchat moves into original series

A day after launching its editorial-driven app Discover, messaging service Snapchat has launched its first exclusive original series. SnapperHero, which comes from digital production company Astronauts Wanted and MSN Fullscreen in conjunction with US telco AT&T, will feature YouTube and Vine personalities playing superheroes. Video Game High School’s Freddie Wong is among those lined up […]

US pay TV losses rise in third quarter

The 13 top US pay TV operators lost 150,000 TV subscribers in the third quarter, compared with a loss of only 25,000 for the same period in 2013, according to research by Leichtman Research Group. Satellite was worst hit, with satellite TV operator losing 40,000 customers in the quarter, compared with a net gain of […]

Netflix cuts AT&T deal

Netflix has agreed an interconnection deal with AT&T designed to reduce buffering problems for its US customers watching via AT&T’s broadband services. Streaming player Netflix has been involved in a bitter war of words with Verizon over buffering issues with both parties blaming the other. Netflix has, however, struck a connection deal with Verizon as […]

Chernin and AT&T firm makes first OTT investment

Peter Chernin and AT&T’s new joint venture company has bought online arts and crafts video site Creativebug. Chernin and US telco AT&T announced the JV, since christened Otter Media, in April, and said they would commit US$500 million to investing in over-the-top services. Creativebug is the first acquisition made by Otter. The San Francisco-based how-to […]

AT&T-DirecTV deal could spur more consolidation

Analysts have said the AT&T deal for DirecTV will help the merged entity mitigate the rising cost of content and could also spur further industry consolidation. US telco AT&T announced Sunday that it has agreed to buy satellite pay TV operator DirecTV for US$48.5 billion and the news followed the announcement, in February, that Comcast […]

AT&T agrees US$48.5 billion buyout of DirecTV

US telco AT&T has agreed to buy satellite pay TV operator DirecTV for a total equity value of US$48.5 billion (€35.4 billion), in a deal it said would give it “unparalleled video content distribution scale in the US.” Announcing the deal, AT&T said the agreement would deliver immediate and long-term financial benefits and that DirecTV’s […]

AT&T eyes US$40bn DirecTV takeover: report

US telco has directly approached satellite pay TV firm DirecTV about a possible takeover, according to US reports. The Wall Street Journal reported ‘people familiar with the situation’ in its report, which said the deal would be worth about US$40 billion (€30 billion). AT&T wants to ramp up its video services. Last year it was […]

AT&T and Peter Chernin launch US$500 million OTT offensive

US telco AT&T and Peter Chernin’s Chernin Group said yesterday they will invest US$500 million (€362 million) in over-the-top TV services. The telco has a huge base of wireless and broadband customers and plans to take on the likes of Netflix and Hulu with its own video services for connected consumers. The OTT initiative will […]

Web apps on TV to grow

Two in five pay TV households are expected to have access to web apps on their set-top boxes by 2019, according to ABI Research, double the number it estimates to have access to such services today. According to ABI Research, operators including AT&T, Verizon, Free, Orange, and SFR are currently leading the market for applications […]