Comcast (CMCSA) and other cable TV firms could gain the upper hand vs. programmers in content deals, says Morgan Stanley in a 2016 industry outlook. “We expect a shift in the relative power between distributors and content owners,” said the report. Regulators approved AT&T’s (T) acquisition of DirecTV Group in July, making it the biggest pay-TV provider. The Federal Communications Commission is studying Charter Communications’ (CHTR) proposed
Add Comcast (CMCSA) to the growing number of companies that pose a worry for Akamai Technologies (AKAM), the biggest provider of content delivery network services. Akamai’s global CDN speeds up video streaming, e-commerce transactions and business software downloads over the Internet. Cambridge, Mass.-based Akamai already competes with Level 3 Communications (LVLT), Limelight Networks (LLNW) and Verizon Communications (VZ), which acquired
Amazon (AMZN) battled back from midday weakness to end a seven-session losing streak in the stock market today as the e-commerce giant’s streaming video service impressed at Sunday night’s Golden Globe awards. Amazon’s original “Mozart in the Jungle” won best comedy TV series and best actor in a comedy TV series. Netflix (NFLX) received eight nominations but no awards, while Hulu, which is co-owned by Disney (DIS), Fox (FOXA) and Comcast (CMCSA),