CBS and Turner extend March Madness for $8.8B; Netflix beats out HBO in best original content survey

More cable news from across the web:

> E.W. Scripps Company has acquired iconic humor brand Cracked from Demand Media for $39 million. Ad Age story

> Shentel's Chris Kyle and RFD-TV's Patrick Gottsch will headline an April 25 workshop conducted by the FCC and focusing on the video marketplace. Broadcasting & Cable story

Telecom News

> AT&T may be accelerating its Ethernet capabilities to threaten BT and Orange Business Services in the global Ethernet race, but the service provider still faces challenges in establishing interconnection agreements with other carriers outside of its wireline territory. Article

Installer News

> Police in Holmen, Wis. are asking for the public's help in locating the van, festooned with fake Charter Communications branding which was seen in the area of a local daytime burglary on March 19. Article

> Crown Castle announced late last week that it has bought Tower Development Corporation (TDC), a portfolio company owned by investment firm Berkshire Partners, for approximately $461 million in cash. The deal for TDC give Crown Castle control of 336 towers in the U.S. and Puerto Rico with an average tenancy of approximately two tenants per tower. Article

Online Video News

> Turner and CBS announced that they have extended their multiplatform licensing deal with the NCAA for its Division I Men's Basketball Championship by another eight years, through 2032. The landmark agreement, worth a total of $8.8 billion, is both a vote of confidence in the joint broadcast and live-streamed OTT strategy used for March Madness since 2011, and a solid lock-in of rights for one of sports' most profitable tournaments. Article

> For the first time, Netflix led the pack in a Morgan Stanley-conducted viewer survey on original content. The SVOD provider was picked by 29 percent of respondents as having the best original programming, beating out HBO, which scored just 18 percent. Article

Wireless News

> The FBI paid professional hackers a one-time fee to unlock a San Bernardino terrorist's iPhone rather than employing the Israeli firm Cellebrite. Article

> T-Mobile is likely to be the only major U.S. carrier to report growth in postpaid net handset adds during the first quarter, analysts at Wells Fargo Securities said. The operator is expected to post 1.4 million net new users, enjoying its twelfth straight quarter of more than 1 million overall net adds. Article

And finally… FiOS customers in California are complaining of technical glitches after Frontier took over the service from Verizon in the Golden State. Los Angeles Times story

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