Verizon lost 80,000 net pay TV subscribers for its Fios consumer video service in the fourth quarter, compared with a loss of 69,000 in the year-ago period, the telecom giant said on Tuesday.
It ended 2022 with 3.234 million Fios video subscribers in its consumer division, down from 3.573 million as of the end of 2021. The company has in the past often cited “the ongoing shift from traditional linear video to over-the-top offerings” as a key driver of video subscriber declines.
Verizon, led by chairman and CEO Hans Vestberg, gained 59,000 Fios broadband internet subscribers, compared with 55,000 in the year-ago period. “Total broadband net additions of 416,000 was the best total broadband performance in over a decade, reflecting a strong demand for FiOS and fixed wireless products,” the company said. For the full year 2022, Verizon reported 1.29 million broadband user net additions after 409,000 in 2021.
The telecom giant has been shifting its video focus away from FiOS TV to...
It ended 2022 with 3.234 million Fios video subscribers in its consumer division, down from 3.573 million as of the end of 2021. The company has in the past often cited “the ongoing shift from traditional linear video to over-the-top offerings” as a key driver of video subscriber declines.
Verizon, led by chairman and CEO Hans Vestberg, gained 59,000 Fios broadband internet subscribers, compared with 55,000 in the year-ago period. “Total broadband net additions of 416,000 was the best total broadband performance in over a decade, reflecting a strong demand for FiOS and fixed wireless products,” the company said. For the full year 2022, Verizon reported 1.29 million broadband user net additions after 409,000 in 2021.
The telecom giant has been shifting its video focus away from FiOS TV to...
- 1/24/2023
- by Georg Szalai
- The Hollywood Reporter - Movie News
It wasn’t just Saturday Night Live or Matilda Cuomo going out of their way to make special note of Mother’s Day in this upside-down 2020. A larger chunk of the U.S. population also made celebrating the holiday a priority, apparently a response to Covid-19.
Due to the coronavirus pandemic, more Americans are isolated and unable to see their families or mark the holiday by going out to a restaurant.
This year’s edition of the holiday saw a 13% increase in voice calls over a typical Sunday before the pandemic, according to Verizon, as well as a 25% increase in texts over the previous Sunday.
The Verizon Network Report, released Monday, counted 1.75 billion minutes of talk time, up 11% over the previous Sunday, May 3. There were more than 6 billion text messages sent.
The report also found a 2.6% increase over the previous Sunday in video chatting via the telecom giant’s collaboration tools.
Due to the coronavirus pandemic, more Americans are isolated and unable to see their families or mark the holiday by going out to a restaurant.
This year’s edition of the holiday saw a 13% increase in voice calls over a typical Sunday before the pandemic, according to Verizon, as well as a 25% increase in texts over the previous Sunday.
The Verizon Network Report, released Monday, counted 1.75 billion minutes of talk time, up 11% over the previous Sunday, May 3. There were more than 6 billion text messages sent.
The report also found a 2.6% increase over the previous Sunday in video chatting via the telecom giant’s collaboration tools.
- 5/11/2020
- by Dade Hayes
- Deadline Film + TV
Disney Plus has amassed 28.6 million subscribers after just three months in business.
Walt Disney chief exec Bob Iger disclosed the figure on the company’s earnings call following its quarterly earnings release on Tuesday, the first subscriber figures for the streaming service that is leading the charge for Hollywood as the entertainment industry embraces the on-demand revolution. As of Dec. 28, the streaming service had attracted 26.5 million subs; the 28.6 million figure reflects the latest subscriber data as of Monday, said Iger.
Disney also disclosed that the ESPN Plus service, which bowed in April 2018, has reached 6.6 million subscribers as of year’s end. Hulu, which Disney now controls, has hit 30.4 million subscribers. Of those, only 3.2 million also pay for Hulu’s live TV channel bundle, but that number has nearly doubled in the past year from 1.7 million. Hulu subs overall are up from 22.8 million in December 2018.
Disney Plus’ fast start is a...
Walt Disney chief exec Bob Iger disclosed the figure on the company’s earnings call following its quarterly earnings release on Tuesday, the first subscriber figures for the streaming service that is leading the charge for Hollywood as the entertainment industry embraces the on-demand revolution. As of Dec. 28, the streaming service had attracted 26.5 million subs; the 28.6 million figure reflects the latest subscriber data as of Monday, said Iger.
Disney also disclosed that the ESPN Plus service, which bowed in April 2018, has reached 6.6 million subscribers as of year’s end. Hulu, which Disney now controls, has hit 30.4 million subscribers. Of those, only 3.2 million also pay for Hulu’s live TV channel bundle, but that number has nearly doubled in the past year from 1.7 million. Hulu subs overall are up from 22.8 million in December 2018.
Disney Plus’ fast start is a...
- 2/4/2020
- by Cynthia Littleton
- Variety Film + TV
Disney has Wall Streeters and the industry eagerly awaiting the company’s quarterly earnings announcement on Tuesday, which will include the first official subscriber numbers for the Disney Plus streaming service.
Disney is expected to reveal that the service has racked up 25 million to 30 million subscribers since its Nov. 12 debut. If so, Disney Plus will mark a stunning entry in the annals of consumer entertainment product launches. It’s testament to the drawing power of Disney’s gold-plated brands and the decision in 2017 by chairman-ceo Bob Iger to go full-throttle on realigning the company to support the radical transition into direct-to-consumer distribution for its most prized content assets.
“From zero to where they are now is unbelievable,” said Michael Nathanson, veteran entertainment analyst and principal at research firm MoffettNathanson. “The company should bask in the glow of what they’ve pulled off. They didn’t play it safe. But they...
Disney is expected to reveal that the service has racked up 25 million to 30 million subscribers since its Nov. 12 debut. If so, Disney Plus will mark a stunning entry in the annals of consumer entertainment product launches. It’s testament to the drawing power of Disney’s gold-plated brands and the decision in 2017 by chairman-ceo Bob Iger to go full-throttle on realigning the company to support the radical transition into direct-to-consumer distribution for its most prized content assets.
“From zero to where they are now is unbelievable,” said Michael Nathanson, veteran entertainment analyst and principal at research firm MoffettNathanson. “The company should bask in the glow of what they’ve pulled off. They didn’t play it safe. But they...
- 2/1/2020
- by Cynthia Littleton and Elaine Low
- Variety Film + TV
"You guys are little badasses." Ready for more raunchy underage humor? Universal has debuted a third & final trailer, technically only the second red band trailer, for the comedy Good Boys, the feature directorial debut of writer / producer Gene Stupnitsky (screenwriter on Year One and Bad Teacher). This opens in theaters in just a few weeks to end the summer with some intense profanity. Produced by Seth Rogen and Evan Goldberg, the comedy is about three sixth grade boys who ditch school and embark on an epic journey while carrying accidentally stolen drugs, being hunted by teenage girls, and trying to make their way home in time for their first kissing party. What a wild day. Starring Jacob Tremblay, Brady Noon, and Keith L. Williams as the three friends, with a cast including Molly Gordon, Lil Rel Howery, Millie Davis, Midori Francis, Lina Renna, and Matt Ellis. Still not that sure...
- 7/17/2019
- by Alex Billington
- firstshowing.net
"I'm guessing you're not the popular kids in school? Hm?" Universal has released a second trailer for the comedy Good Boys, the feature directorial debut of writer / producer Gene Stupnitsky (screenwriter on Year One and Bad Teacher). This isn't a red band trailer (like the first one) this time, but it still has plenty of lewd language. Produced by Seth Rogen and Evan Goldberg, the comedy is about three sixth grade boys who ditch school and embark on an epic journey while carrying accidentally stolen drugs, being hunted by teenage girls, and trying to make their way home in time for their first kissing party. Just how bad can one day get? You'll have to head to theaters in August to find out. Starring Jacob Tremblay, Brady Noon, and Keith L. Williams as the three boys, with a cast including Molly Gordon, Lil Rel Howery, Millie Davis, Midori Francis, Lina Renna,...
- 6/10/2019
- by Alex Billington
- firstshowing.net
"One bad decision leads to another..." Universal has debuted the first red band trailer for the comedy Good Boys, which marks the feature directorial debut of writer / producer Gene Stupnitsky (screenwriter on Year One and Bad Teacher). Produced by Seth Rogen and Evan Goldberg, the comedy is about three sixth grade boys who ditch school and embark on an epic journey while carrying accidentally stolen drugs, being hunted by teenage girls, and trying to make their way home in time for their first kissing party. Just how bad can one day get? You'll have to head to theaters in August to find out. Starring Jacob Tremblay, Brady Noon, and Keith L. Williams as the three boys, with a cast including Molly Gordon, Lil Rel Howery, Millie Davis, Midori Francis, Lina Renna, and Matt Ellis. This looks funny and crass, and I especially enjoyed the intro where Rogen talks about how...
- 3/11/2019
- by Alex Billington
- firstshowing.net
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