Etc: WOW/Wave Moves on Broadstripe - More Groupon Headaches - Google's $500M Settlement
M&A:
WideOpenWest and
Wave Broadband have agreed to buy bankrupt
Broadstripe Communications. Court dox show WOW will pay $55M for Broadstripe assets in Michigan (92K HHs passed w/ 48K customers) while Wave is buying 60K subs and 103K HHs passed in the Pacific NW for $32M. Additionally, a coalition of industry vets are working to buy Broadstripe's Ann Arundel County (MD) property for $8M. --- The deadline for first round
Hulu bids has been extended to the end of the week. ---
Verizon is acquiring cloud tech firm
CloudSwitch for an undisclosed amount. --- The
FCC has asked
AT&T for more info on its planned 4G LTE build out via the
T-Mobile buy. ---
Vector Capital and
Motorola Solutions announced an undisclosed agreement for Vector to buy Motorola Solutions' PTP and PMP wireless broadband networks businesses.
In Court: A U.S. Judge ruled this week that a lawsuit accusing
Groupon of bait-and-switch
advertising can proceed.
Details here. --- The
Secondary Parent Council (w/
ACLU backing) is suing the city of Newark for failing to fully disclose how it will spend the $100M donated by
Facebook's
Mark Z.
$$$: A
NYT report says
Google will drop $500M to settle
DOJ charges that it illegally showed ads for online pharmacies that led to drugs being imported into the country. --- Online video software company
Brightcove has plans to raise about $50M through an IPO sometime later this summer. --- Online sports pub
Bleacher Report closed a $22M funding round.
Alt. Video:
ESPN kicked off an updated, redesigned user interface for ESPN on Xbox LIVE to include a slew of new features and extra content. Check out
SportsNation's intro vid for the service
here. --- Mobile tech firm
NeuLion scored a deal with
Major League Soccer (MLS) to deliver the league's MatchDay Live program to connected
Panasonic TVs and
Roku devices.
Distribution:
LIN Television began notifying
Mediacom subs in the Mobile-Pensacola DMA that they may lose
Fox-affiliate
WALA and
CW-affiliate
WFNA if it can't come to a retrans agreement with the cable op by 8/31. The companies are still negotiating. (See map.) --- Unversity of Texas'
Longhorn Network will now be carried on
Verizon's FiOS TV. ---
DISH Network will be the first U.S. provider to carry
ONE World Sports (OWS), an independent channel for Asian sports.
Quarterly Reports: In what
TiVo is calling a "milestone" period, the company reported service and tech revs up 18% y/y to $49.6M while weathering a net loss of $19.6M during Q2 ($.17/share). TiVo can thank
DISH for its $300M settlement payment giving the DVR company $628M in cash and short-term investments on the period.
Mobile:
J.D. Power ranked
Verizon Wireless highest in network quality in the NE, W, SE, SW and Mid-Atlantic regions totaling 43 states. The firm's 2011 network quality study says overall performance varies depending on user activity and device as more problems are reported while placing calls as compared to data-related issues.
Retail:
Verizon Wireless said its brick-and-mortar stores will soon begin accepting credit card payments for customers' mobile bills in order to drive smartphone sales.
Rumor Mill:
AT&T says stories claiming the company will unfriend its
HTC Status (the smartphone w/ a dedicated
Facebook button) are, like, so untrue.
Enterprise:
Cablevision is partnering with
Sprint to provide discounted wireless services and equipment to Optimum Business customers that subscribe to both Optimum Voice and Optimum Online.
SkyREPORT:
Arianespace said it has taken delivery of the Ariane5 ECA for the launch of Arabsat-5C and SES-2 satellites on Sept. 9. --- Sat research group
Euroconsult estimates that 1,145 birds will be built for launch during the next 10 years, a 51% increase than the previous decade. Revenues from said satellites will hit $196B, the firm said.
Up, Down & Over There: The Toronto-based,
Netflix-like movie VOD service
Hollywood Suite said it will launch in November featuring 450 uncut and unedited films from
Warner Bros. and
MGM, among others. ---
Liberty Global acquired a 40% stake in Bosnian FTA broadcaster
OBN through its international content arm
Chellomedia for an undisclosed amount. --- With revenues expected to triple over the next 5 years,
Digital TV Research says Brazil is the "most dynamic" pay-TV market on the planet. --- U.K.-based
ANT, a digital TV service provider, launched its ANT Galio Move platform enabling TV viewers to stream live and recorded content directly from an STB or TV via Wi-Fi to a companion device such as a tablet.
Misc.:
MFM's annual
Media Outlook 2012 seminar, designed to help industry execs interpret market forecasts and prepare next-year budgets, will take place Sept. 22 in NYC.
Read more. --- Registration is now open for
SBCA's free
SkyFORUM 2011 virtual tradeshow set for Oct. 26-27. C
lick here to learn more and register. --- Webcasts of discussion panels and keynote speakers at this year's Technology Policy Institute Aspen Forum are available for viewing at
TPI's website.
Oops:
The link in Thursday's Morning BRIDGE citing a NYTs article detailing Time Warner Cable's move to subsidize Slingbox purchases was broken. Here's the story again with the corrected link: Time Warner Cable said that it will subsidize purchases of the Slingbox (via a $300 rebate) for subscribers of its $99/month Wideband service.
Cool x 2. Says our own PSM: "Gotta love it... subsidizing
EchoStar's Slingbox is a sort of in-your-face to
Viacom. There's more than one way to move a signal around a home."
NYT has details.
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Catch today's media market news from The Evening BRIDGE. •