Tuesday, May 13, 2014
AT+T may be on the verge of buying DirecTV for $50 million, which would be the largest in years and reshape the television business at a time of rapid change in the industry. Reports of rumors on the acquisition appeared all over the blogosphere today an a official announcement may be just weeks away. The Wall Street Journal, citing unnamed sources familiar with the matter, reports the two companies are discussing a deal that would involve a mix of cash and AT&T stock. A combined AT&T-DirecTV would hold a vast swath of wireless spectrum, the public radio signals that make smartphones and tablets work and would also be better positioned to compete against the proposed Comcast/Time Warner combined entity. The pact would be a way to expand its video offerings, which is similar to how the Comcast and Time Warner Cable deal could deliver. AT+T currently provides pay-TV service through its U-Verse brand. MORE: WSJ - 05/12/2014 -
Bloomberg - 05/13/2014 - AT&T in Talks to Buy DirecTV for About $50 Billion
Friday, May 02, 2014
According to a new research report from Parks Associates, (64%) of US broadband households have at least one consumer electronics device connected to the Internet, which could include a smart TV, Blu-ray player, game console, set-top box, a digital media receiver or Google Chromecast. Gaming consoles were found to be the most popular of connected devices. The report also noted that of the 50+% of U.S. households that use connected consumer electronics devices also subscribe to Netflix. By comparison, Amazon, which has made significant gains in the OTT video market this past year now has nearly 20 per cent of all US broadband households as Amazon Prime Instant Video subscribers.