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Michael Farrell

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Sarandos: No Vertical Integration for Netflix

Netflix chief content officer Ted Sarandos said the subscription video on demand pioneer isn’t particularly interested in being part of a bigger company, mainly because it wants to keep its internally produced content to itself. ...

Viacom Buys Argentine Broadcaster for $345M

As it continues to investigate the possibility of a merger with former corporate sister CBS, Viacom said Tuesday that it has agreed to purchase Argentine over-the-air broadcaster Television Federal S.A. (Telefe) from Spanish-language broadcast company Telefonica S.A. for $345 million in cash. ...

Dish: Set-Tops Forecast Clinton Wins Presidential Election

After DirecTV took a beating over a set-top box glitch that left some conservative newshounds without their Fox News Channel fix last week, the second largest satellite TV service provider—Dish Network—found a more politicized use for the rectangular channel changers, predicting that Hillary Clinton will defeat Donald Trump in the presidential election Tuesday. ...

Charter Sheds 47K Video Subs, Q3 Financial Metrics Grow

Charter Communications lost about 47,000 residential video subscribers in the third quarter, mainly the result of customers rolling off promotional pricing plans at Time Warner Cable and offset partly by stronger growth at legacy Charter systems. ...

Bakish to Receive $10M Package as Head of New Viacom Unit

Bob Bakish may be Viacom’s acting CEO for only a short period, but the long-time company executive has secured a long-term deal as CEO of the programmer’s newest unit – Viacom Global Entertainment Group – that could net him nearly $10 million per year over the next three years. ...

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