Verizon plans to offer a skinny bundle video service via 5G wireless transmissions in early 2017 to test the speedy technology in some “relatively small towns,” CEO Lowell McAdam said today at the UBS Global Media and Telecommunications Conference.
Music sales in the first half of the year were up 8.4 percent, to $3.4 billion — the industry’s best performance since the height of the CD era. That boom is fueled entirely by the growth of paid subscription services. This year’s numbers include Apple Music, which didn’t exist a year ago but has 17 million worldwide subscribers today, as well as Spotify, which has been growing faster than Apple and has 40 million global subs.
Apple has emerged as the surprise buyer of the unscripted TV series based on the “Carpol Karaoke” segment of CBS’ “The Late Late Show with James Corden .” The tech giant’s Apple Music service will distribute the series to its members in 100 countries worldwide. Apple sees the show as a natural vehicle to drive online activity for its streaming-music venture.
As AT&T readies the launch of its DirecTV Now streaming pay-TV service later this year, the company told investors Thursday that 5 million customers have already signed up for an offer that bundles DirecTV service with unlimited wireless data plans..
Facebook provides content owners the ability to reach over 1 billion users who each spend 50 minutes on average on the platform every single day. As a point of reference, daily newspaper circulation peaked in the U.S. at about 60 million households and today, cable television reaches approximately 100 million households. Bottom line: An unprecedented global distribution opportunity.