Tag Archives: cbs

CBS streaming video shows cable bundles are fraying

Just one day after HBO announced a stand-alone streaming video service, CBS on Thursday entered the over-the-top Internet television fray with its own service. The actions by the two content providers signal a fraying of pay-TV bundles. CBS announced the launch of CBS All Access, a subscription on-demand and live-streaming video service for the CBS Television Network. For $5.99 a month, subscribers can stream thousands of episodes from the current season, previous seasons and classic shows on demand, as well as watch live streams from local CBS TV stations in 14 of the largest U.S. markets. CBS launched the service on Thursday at CBS.com and on mobile devices through the CBS App for Apple (AAPL) iOS and Google (GOOGL) Android. The broadcaster expects to be on all major connected devices in the coming months, according to a press release. ” CBS (CBS) All Access is another key step in the company’s

Media Stocks Seen Gaining From Content Demand

Media and entertainment companies will gain from growing content demand by Internet video providers as well as traditional broadcast TV, says investment bank Jefferies, which on Thursday initiated coverage on the sector. Jefferies analyst John Janedis started coverage with buy ratings on CBS (CBS), Walt Disney (DIS), Twenty-First Century Fox (FOXA), Time Warner (TWX) and Viacom (VIA). “Despite emerging threats to the business model, we believe

Aereo Loses Supreme Court Ruling; Media Stocks Rise

The U.S. Supreme Court, in a 6-3 decision, ruled that startup Aereo’s TV-over-Internet service violated broadcasters’ copyrights, a big win for broadcasters that sent shares of CBS and other media companies rising. CBS (CBS) stock was up 5% in early trading in the stock market today. Shares of Walt Disney (DIS), which owns ABC, and Twenty-First Century Fox (FOXA) were up more than 1%. A victory by Aereo could have endangered retransmission fees,