Tag Archives: cbs

Netflix needs another hit, but ‘Marco Polo’ might be all wet

When Netflix (NFLX) plays “Marco Polo” on Friday, it hopes a lot of people will respond. Its “Marco Polo” is a $90 million action-adventure TV series, not the children’s swimming-pool game of the same name. As Netflix continues to evolve into a destination for original content, it hopes to have more hits than misses. Produced by Weinstein Co., the 10-episode TV series “Marco Polo” is seen by many as Netflix’s attempt to match HBO’s popular “Game of Thrones” with its own epic story. But early reviews of “Marco Polo,” a historical drama, have been lukewarm. Speaking at the UBS Global Media Conference in New York on Monday, CBS (CBS) Chief Research Officer David Poltrack noted the drought. “It has been more than one year since Netflix introduced a true new hit program,” Poltrack said, accordin g to CNN Money Netflix’s “batting average is below that of the pay cable networks…

Dish Stock Boosted By Auction Even If CBS Blacks Out

The programming dispute between broadcaster CBS (CBS) and Dish Network (DISH) is unlikely to take a toll the satellite TV broadcaster’s stock, which has been elevated by the ongoing government auction of wireless spectrum, says a Citigroup analyst. The value of spectrum Dish already owns is likely to rise as the auction bids rise. The current contract under which Dish pays CBS for rights to broadcast shows from 14 local TV stations expires today.

Sony aims to shake up pay TV with Internet alternative

Sony (SNE) on Thursday introduced the first multichannel Internet television service designed as an alternative to traditional pay-TV offerings from cable and satellite companies. Called PlayStation Vue, Sony’s Web TV service will be available initially to owners of PlayStation 3 and 4 video game consoles. It will offer live and on-demand programming with technology to personalize what content is presented. In a press release, Sony called PlayStation Vue a “pioneering new cloud-based TV service that reinvents the television experience.” PlayStation Vue will launch commercially in the first quarter. Invitation-only beta testing will begin this month in New York, followed by Chicago, Philadelphia and Los Angeles. Sony will expand the service from PS3 and PS4 consoles to Apple (AAPL) iPads soon and later to more Sony and non-Sony devices. During beta testing, PlayStation Vue will offer about 75 channels from CBS (CBS), Discovery Communications (DISCA), Fox (FOX), NBCUniversal…