News of Note—NBCU, Roku, Time Warner, Cisco, more

News of note
Image: Pixabay

> NBCUniversal is joining OpenAP, the cross-audience platform for selling targeted TV advertising formed in 2017 by Fox, Turner and Viacom. FierceVideo story

> Roku shares dropped almost 12% Wednesday in the wake of an exclusive multiyear deal between Amazon and Best Buy that will result in a large lineup of 4K and HD smart TVs powered by Fire TV’s platform for the U.S. and Canada. Multichannel News story

> Time Warner Inc. Chairman and CEO Jeff Bewkes took the stand Wednesday in the antitrust trial concerning his company’s $108.7 billion merger with AT&T, saying that the DOJ's fears that the combined company would black out channels to force distributors to pay higher prices is “ridiculous.” Multichannel News story

> Cisco has subsumed Spark, its team collaboration product, into Webex, its online conferencing product. Spark, now called Webex Teams, will henceforth be considered an add-on application for Webex Meetings. FierceTelecom story

Suggested Articles

Charter said that over the next two years it will raise its minimum wage from $15 per hour to $20 per hour for all employees.

Altice USA is giving premium pay to its customer-interfacing employees during the coronavirus crisis, but not all cable technicians will qualify.

T-Mobile this week wrapped up the lengthy process of acquiring Sprint. With the deal done, the company may pick up where it left off on video.