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.
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