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Tuesday, May 02, 2017
CBS Streams Net Record Q1 Results

CBS Corp. again mined significant incremental revenue from third-party streaming services, which contributed to the media company posting first-quarter (ended March 31) net income of $363 million, up nearly 80% from net income of $202 million during the same period last year.

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CEO Moonves Taking Second Look at Hulu

CBS Corp. CEO Les Moonves has made no secret his dislike of licensing content to ad-supported online streaming sites such as Hulu, questioning the business model as counterproductive to more lucrative incremental revenue channels such as subscription video-on-demand (including Hulu Plus) and TV syndication, among others.

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Report: Online Piracy Supplanting Physical

The market for pirated movie and music discs increasingly is being replaced by digital files and websites offering illegal streaming content, according to a new report by the U.S. Trade Representative.

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ABI: One in Five in U.S. Have Connected TV

More than one in five American households have a connected TV, either via an Internet-ready TV, gaming consoles, Blu-ray Disc player or connected set-top box, according to new report from ABI Research.

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'Avengers' Assemble at Best Buy

Merchandising: With the theatrical debut of the new 'Avengers' movie, Best Buy gave fans a chance to catch up by putting all five of the precursor films on Blu-ray for sale.

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