21.12.2016 14:30:00
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Live Streaming Television With Ultrahigh Definition Quickly Boosting Revenue Generating Opportunities
PALM BEACH, Florida, December 21, 2016 /PRNewswire/ --
As consumers continue to break away from traditional TV and move towards streaming content online, companies are striving to provide the ultimate experience of HD Cable Broadcasts over the web and ISP opportunities. Innovating cable, media & broadcast companies in the news this week include: CableClix (USA), Inc. (OTC: CCLX), Sirius XM Holdings Inc. (NASDAQ: SIRI), Comcast Corporation (NASDAQ: CMCSA), Viacom Inc. (NASDAQ: VIAB) and Netflix, Inc. (NASDAQ: NFLX)
CableClix (USA), Inc. (OTC: CCLX), an innovative "Cord Cutting" company that builds virtual cable networks over the Internet that mimic existing cable television franchises by providing live streaming television services, today announced that it has begun negotiating franchise operating agreements with domestic municipalities covering the top 25 TV markets in the US.
The potential reach of the agreements is up to 42 million households, which is 34% of all households in the US. This is great news for Cord Cutters, Cord Shavers and even some of the Cord Nevers who swore off their old cable provider for life. Read this and more news for CCLX at: http://marketnewsupdates.com/news/cclx.html
CableClix delivers quality television programming via the Internet in high and ultrahigh definition, including local network content, directly to the local consumer, anytime, anywhere, on nearly any device. Delivery of the content will be over CableClix's proprietary technology… the Virtual Private Cable Network™ or VPCN™. Subscribers will be kept up to date with local, national, and international news, live sports, for a competitive monthly fee.
Kris Domich, CEO and President of CableClix, said, "The average pay-TV subscriber watches just 10% of their package on average and many feel they are being taken in by their cable or satellite providers. They may find that the CableClix Live Local TV Broadcast package, which can be customized for the individual's preference is the opportunity they have been waiting for… A REAL alternative to the cable TV & satellite monopoly!
In other media news and happenings:
Sirius XM Holdings Inc. (NASDAQ: SIRI) this week announced that a wide-ranging selection of critically-acclaimed programs and podcasts from one of the most influential and top producers in on-demand audio -- WNYC Studios -- will join SiriusXM Insight channel 121 starting Monday, January 9, 2017. Both first-run and archive editions of the programs will be available seven days a week.
Comcast Corporation (NASDAQ: CMCSA), together with Universal Pictures Home Entertainment (Universal), Lionsgate, Paramount Home Media Distribution and Sony Pictures Home Entertainment, recently announced the introduction of enhanced movie extras, a new home entertainment offering on Xfinity X1 that paves the way for fans to explore, connect and engage with a wide variety of online content, all while watching a film. Led by Comcast, Universal and major studio partners, enhanced extras combines the power of the X1 platform with a new technology standard developed by MovieLabs and its studios partners.
Cable/Media/Broadcast Recent Quarterly Financial Results announcements:
Viacom Inc. (NASDAQ: VIAB) recently announced that on Thursday, February 9, 2017, it will issue financial results for the quarter ending December 31, 2016. The Company will conduct a conference call at 8:30 a.m. (ET), following the release of its earnings announcement. A live audio webcast of the call will be on the Investor Relations homepage of Viacom's website, beginning at 8:30 a.m. (ET) on February 9. The conference call can also be accessed by dialing 888-812-8534 (domestic) or 913-981-5530 (international). Please call five minutes in advance to ensure that you are connected prior to the call.
Netflix, Inc. (NASDAQ: NFLX) also recently announced it will post its fourth-quarter 2016 financial results and business outlook on its investor relations website at http://ir.netflix.com on Wednesday, January 18, 2017, at approximately 1:05 p.m. Pacific Time. At that time the company will issue a brief advisory release via newswire containing a link to the fourth-quarter 2016 financial results and letter to shareholders on its website.
DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated three thousand nine hundred dollars for news coverage of the current press release issued by CableClix (USA), Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
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Comcast Corp. (Class A) | 40,33 | -0,48% | |
Netflix Inc. | 820,90 | -1,20% | |
Sirius XM Inc | 2,49 | 1,51% |