Dan Loeb's Third Point takes new stake in Disney
Daniel Loeb's Third Point has taken a new stake in Disney, according to a letter obtained by CNBC's David Faber. In a letter to Disney CEO Bob Chapek, Loeb urged the entertainment company to integrate streamer Hulu directly into the Disney+ direct-to-consumer platform. Comcast has an agreement to sell its 33% stake in Hulu to Disney in two years. Loeb said Disney should "make every attempt" to acquire Comcast's remaining minority stake before the 2024 deadline. He had held a stake for two years from 2020 to early 2022, pushing Disney to ramp up its streaming services.
cnbc.comWidespread internet outages hit northeast U.S.
Users across the northeast U.S. reported widespread internet outages Tuesday, Jan. 26, 2021. (AP Photo/Jenny Kane, File)Internet users across the northeast U.S. experienced widespread outages for several hours Tuesday, interrupting work and school because of an unspecified Verizon network issue. “An internet issue impacting the quality of our Fios service throughout the Northeast has been resolved," said spokesman Rich Young in an emailed statement Tuesday afternoon. People posting on Twitter reported having issues connecting with various online services in the region stretching from Washington, D.C., to Boston. Comcast, another major internet service provider, said it had not observed problems with its network Tuesday.
NBC's video service Peacock stresses 'free,' looks to 2021
So now Peacock, which launches Wednesday, is hoping that blaring free in an ad campaign for the service will entice viewers wary of adding yet another video subscription to their stack, even in todays stay-at-home world. It has a free tier and a $5-a-month paid tier with more video. Disney Plus, Apple TV Plus, HBO Max and short-video service Quibi have all launched over the past year. As a Comcast internet customer, she could get Peacock for free, so she did. HBO Max did not reply to a question about its subscriber count since launch.
Comcast, Byron Allen end racial discrimination dispute
Comcast settled a long-running a long-running racial discrimination dispute with black media mogul Byron Allen, agreeing to add three of Allen's channels to its cable packages. Allen sued Comcast for $20 billion in 2015 for refusing to carry seven of his networks, saying it was because of his race. The case made it to the Supreme Court, which in Marc h reversed a lower court ruling in favor of Allen. The Supreme Court said Allen had to show race was the decisive factor in Comcast's decision not to offer him a contract, not one of several factors. Comcast said it would put the full weight of our companys media resources behind highlighting Black voices and Black stories.
Verizon to offer customers free year of Disney+
NEW YORK - Verizon is offering new and current customers a free year of Disney's new video streaming service. It extends to certain new and existing unlimited 4G and 5G customers at Verizon, as well as the vast majority of new home-internet customers. Other streaming services are also offering free introductory periods in an attempt to ensure early exposure to a big audience. And AT&T, which will launch HBO Max next year, today throws in HBO free for wireless customers on unlimited plans. Netflix also teams up with T-Mobile to offer free service to its streaming service.
Non-profit streaming service Locast sues broadcast networks
Locast, a non-profit streaming service, has countersued Disney's ABC, CBS, Fox and Comcast's NBCUniversal, alleging the broadcasters engaged in antitrust conduct and colluded to grow their market power. NEW YORK - Locast, a non-profit streaming service, has countersued Disney's ABC, CBS, Fox and Comcast's NBCUniversal, alleging the broadcasters engaged in antitrust conduct and colluded to grow their market power. Their lawsuit named Locast founder David Goodfriend and his non-profit advocacy group, Sports Fans Coalition NY, Inc., which operates the service as the defendants. The case cites an April meeting between executives at YouTube TV, Google's paid streaming service, and Locast. This isn't the first time a streaming service has fought against the networks.
Jacksonville-area Comcast to hold job fair, hiring sales positions
Joe Raedle/Getty ImagesJACKSONVILLE, Fla. - Comcast is holding a job fair to hire for open sales positions in its Jacksonville call center on Tuesday, September 24. Comcast recruiters and hiring managers will be at Comcast on Touchton Road East. The morning session begins at 11 a.m. and the afternoon session begins at 4 p.m. Inbound sales representatives interact directly with customers over the phone to promote and sell Comcast products and services. WHERE: Comcast: 4600 Touchton Road East Jacksonville, FL 32246Copyright 2019 by WJXT News4Jax - All rights reserved.