Why Amazon is taking aim at cable companies

August 3, 2016 dbadmin 0

Amazon.com says the cable industry’s own proposal for how to shift Americans away from the set-top boxes they currently rent for hundreds of dollars a year is riddled with flaws. The online retail giant is arguing that the cable companies’ vision for accessing TV content in the future — via apps embedded in smart TVs, [More…]

Time Warner Buys 10% Stake in Hulu as Cable TV Drives Profit

August 3, 2016 dbadmin 0

Time Warner Inc. acquired a 10 percent stake in Hulu LLC, casting an eye to the future of TV even as its second-quarter results proved there’s still plenty of life in the traditional cable model. Time Warner paid $583 million for its 10 percent stake in the web-streaming service, according to a person familiar with [More…]