How the streaming wars between Disney, Netflix, Apple and everybody else will change TV forever
For decades, the cable bundle has been the center of the media and television universe. Next year, the focus will fundamentally change — perhaps for good. Apple, Disney, Comcast's NBCUniversal and AT&T's WarnerMedia will all launch streaming video services to compete with Netflix, Hulu and Amazon Prime Video.
The cable bundle's ever-rising cost and the rich valuation of Netflix have pushed the biggest companies in media to start focusing on a new direct-to-consumer distribution model. But there may not be enough money in consumers' pockets to make every new streaming service successful. Welcome to"the streaming wars": the latest battle for your entertainment dollar.
Watch the video to learn more.
Disclosure: Comcast owns NBCUniversal, the parent company of NBC and CNBC.
Accused sex trafficker Jeffrey Epstein found dead of apparent suicide in Lower Manhattan jail cell: ABC
Accused sex trafficker Jeffrey Epstein has committed suicide in his Lower Manhattan jail cell, ABC News reported Saturday, citing three law enforcement officials. Details were not immediately available. The 66 -year old was due to stand trial next year for allegedly sexually abusing dozens of under-age girls in New York and Florida. He had been on suicide watch since a July 23 incident, in which he was found in his cell in the Metropolitan Correctional Center in Lower Manhattan with marks on his neck that appeared to be self-inflicted. Epstein had pleaded not guilty to the charges.
Male pedestrian dies in Abbotsford collision
A man has died after he was struck by a vehicle late Friday night.
At 11:30 p.m. Abbotsford Emergency Services responded to a collision in the 36500 block of South Parallel Road.
Upon arrival, emergency service workers found a man in his late forties who had been struck by a Honda Civic, and succumbed to his injuries.
The driver, who reported the crash and rendered first aid to the man, remained on scene and is co-operating with police.
The cause of the collision is under investigation.
No names have been released.
The economy’s shrunk, but should we be worried?
On today’s podcast we examine what the latest GDP figures mean, the outcome of a murder trial involving a church warden and magician in a Buckinghamshire village, and the rising rate of asthma-related deaths in England and Wales.
Trans-Canada Highway reopens west of Salmon Arm
The Trans-Canada Highway has now reopened between Salmon Arm and Tappen.
It closed for 10 kilometres because of a vehicle incident between Sunnybrae-Canoe Point Road and Second Nations Road, according to Drive BC.
The road reopened around 9:45 p.m.
Drivers could take Highway 97 and Highway 97A/Highway 97B as a detour, according to Drive BC.
Home targeted by 'The Watcher' sold for $400K loss
FILE â€“ In this June 25, 2015, file photo, a newspaper rests on the driveway of the home of Derek and Maria Broaddus in Westfield, N.J. Derek and Maria Broaddus bought the Westfield home for $1,355,657 in 2014, but they didn’t move in after receivin
The owners of a New Jersey home who received threatening letters from a mysterious writer known as “The Watcher” have sold it for $400,000 less than they paid for it.
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Derek and Maria Broaddus bought the home in Westfield for $1,355,657 in 2014, but they never moved in after receiving the first of four letters from an anonymous writer. It was put up for sale in 2016 for $1.25 million.
The Star-Ledger of Newark reported Andrew and Allison Carr purchased it for $959,360. Andrew Carr declined to comment on the purchase.
In the series of letters, the writer asked if the Broadduses were bringing “young blood” into the home and asked the names of their two children. The couple claimed the writer had a "mentally disturbed fixation” on the home.
The previous owners had received one letter from “The Watcher” days before they moved out, their lawyer said, but it was not threatening.
The couple eventually rented the house.
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The writer was never found.
A judge threw out lawsuits stemming from the sale.
Elderly couple killed in Coquihalla crash
The Coquihalla Highway was closed southbound just north of Hope for four hours early Friday evening, after a serious collision that killed an elderly couple.
The B.C. Coroners Service confirms it is investigating the deaths of a man and a woman in their seventies.
The southbound portion of the highway between Exit 183 Peers Creek Road and Highway 3 was closed for a distance 2.4 kms, approximately 4 to 6 kms north of Hope.
No other details are available at the moment.
More to come…
CORRECTED-Police detain Russian opposition politician ahead of protest
(Corrects day to Saturday)
MOSCOW, Aug 10 (Reuters) – Russian opposition politician Lyubov Sobol, an ally of Kremlin critic Alexei Navalny, said on social media on Saturday she had been detained by police ahead of a protest in Moscow.
A video posted on Sobol’s Twitter account showed police entering her office. (Reporting by Maria Kiselyova and Tom Balmforth; editing by John Stonestreet)
Tanker explosion in Tanzania kills 57 as crowds siphon fuel
A fuel tanker exploded in Tanzania on Saturday, killing 57 people and injuring 65, many of whom were siphoning petrol from the vehicle, which had crashed, state broadcaster TBC Taifa said.
The explosion occurred around 200 km (120 miles) west of the capital Dar es Salaam.
“We have been saddened by reports of an accident involving a fuel truck in Morogoro, which caught fire and burnt several people,” government spokesman Hassan Abbasi said on Twitter.