News of Note—Sinclair, Viacom, Conviva, Verizon and more

News of note
Sinclair today announced its plans to sell off 23 television stations. (Pixabay)

> Viewing hours of over-the-top, internet-delivered video grew by 114% in the first quarter over the year ago quarter, according to a new report from Conviva. Multichannel News article

> Viacom’s second-quarter fiscal earnings were accompanied by modest 1% growth in its media networks segments helped along by rapid growth in the company’s international business. FierceVideo article

> Sinclair today announced its plans to sell off 23 television stations to various parties as it pursues its $3.9 billion acquisition of Tribune Media. FierceVideo article

> Ahead of Digital Content NewFronts, a new study revealed that except for Hulu and YouTube, many of the companies presenting aren’t generating much consumer interest in their digital content. FierceVideo article

> Verizon reported a somewhat mixed bag of first-quarter earnings, with several unexpected financial actions, but the carrier’s wireless results—including better-than-expected customer numbers—led some Wall Street analysts to conclude that the carrier is making progress on steadying its position in the industry. Release | FierceWireless article

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