In addition to the endless lists of chaotic and unreal moves made by the new administration in the past few weeks, the Republican-controlled Federal Communications Commission (FCC) is already siding with corporations at the expense of the public, content creators, and media platforms.
The new FCC chairman and former lawyer for Verizon, Ajit Pai, took the lead in rolling back consumer protection regulations and the net neutrality progress made during the Obama administration by his predecessor, Tom Wheeler, including closing out the inquiry in zero-rating offerings by AT&T and Verizon that violated the FCC’s Open Internet order. Comcast had also received an inquiry request by the FCC for its Stream TV content that was exempt from applying to a customer’s service data caps. That too is in the circular file.
In January of this year, Netflix spread its streaming wings into 190 countries, all with one full swoop. Amazon has been on Netflix’s heels ever since, as one would expect. And while the Bezos-run company took eleven months to catch up, it looks like Prime Video will expand from only streaming in the US, UK, Germany, and Japan, to 200 countries in December, including India, which was announced this past July.
The new broke from the hosts – James May, Richard Hammond, and Jeremy Clarkson - of the newly launched The Grand Tour, an Amazon Original Series formally known as Top Gear on BBC. The series first aired on November 18 after the teaser video gave the ‘going global’ news in true Top Gear fashion (sorry, the new name will take some getting used to), including a bit of self-deprecation and sarcasm along with a few informative facts.
In case you missed it, this week's Streaming Buzz: the merger of AT&T and Time Warner revives targeted adverting hopes once again, Netflix raises millions more for content and weighs in on said big merger, Martha Stewart is killin' it on Facebook Live, and Apple makes a move to make cord cutting easier.
There's more, so read on...
How the AT&T Time Warner Merger Could Change Streaming TV Advertising
Most expect the process to thumbs up or thumbs down the proposed $85 billion dollar merger between the two conglomerates to take a long time, but if AT&T were to get the green light on pulling in Time Warner, Inc. into its fold, the prospects of getting closer to targeted addressable TV advertising may brighten.
This past week’s streaming news was wild and wooly, as Twitter stock went up with rumors of M&A, and then dropped by a third as potential suitors stood up the micro-blogging company. Comcast tries to pull a fast one on customer once again with a new internet data-capped service, which should really piss off Netflix, who has been pushing the FCC to ban data caps for obvious reasons. In turn, Netflix probably put theater owners panties in a pinch as they continue to move in on their territory.
And there’s more, so read on…
Right now is a time of contemplation for the “we’ve always done it this way” business models. In every industry, the old ways are crumbling as new ideas mesh with technology, filling demand gaps in industries and redistributing market share. Aside from the commonly referenced transportation and hospitality markets, it is the making of entertainment content that will see a tidal wave of change in the coming years.
The company causing this butterfly effect: Netflix.
“Entertainment and technology are continuing to transform each other as they have been doing for over 100 years,” said Reed Hastings this past January during his CES keynote.