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Today's Top 10 Stories
#1   BitTorrent Launches BitTorrent Now
    BitTorrent announced today that it is rolling out a smartphone app that gives users access to legal content under a new name BitTorrent Now. It also offered ad-supported streaming as an option to go along with free and fee-based downloads.
Why This Matters: The company is well known for its roots in online piracy, but company executives promised earlier this year that they were going to focus on legitimate content distribution.
4 Takes: MCN | L.A. Times | Engadget | Venture Beat

#2   Senate Report Cites Charter, TWC Overcharges
    The cable and satellite TV industries came under fire today at a Senate hearing on customer service and billing in the industry, underscored by the release of a pair of lengthy Senate investigations into the issues. Cable executives sought to downplay criticisms, while also acknowledging they have work to do to improve their practices and reputations.
Why This Matters: One of the reports found that between January and April 2016, Time Warner Cable overbilled customers nationwide an estimated $639,948, and projected that in 2016, "Time Warner Cable will overbill customers nationwide a total of $1,919,844."
2 Takes: MCN | Fierce Cable

#3   Xumo Mobilizes Its OTT Platform
    In concert with this weeks VidCon event in Anaheim, Xumo, an aggregator of ad-based OTT video, announced that it has launched its first app for mobile devices.
Why This Matters: Xumo is offering an app for iOS, with a version for Android to bow in a few months. The company also announced the addition of five new comedy-focused channels for its platform Cracked, Funny Or Die, Comedy Dynamics, JASH and Just for Laughs.
The Take: MCN

#4 Google Is Bullish on Virtual Reality, But It Has a Long Way to Go (WSJ)

#5 Twitter Wants To Sell Its NFL Ad Spots For More Than $50 Million (Re/code)

#6 Non-Subscribers and Cord Cutters Want Discovery (B&C)

#7 FCC May Budge on Cable Box After Hearing From Google and AT&T (Bloomberg)

#8 How Fubotv Built an Online Subscription TV Service for Soccer Nuts (Digiday)

#9 Less Than Third Of Teens Would Pay For Content (Advanced Television)

#10 74% of Netflix Subscribers Would Ditch The Service Over Ads (BGR)

THE CHATTER
eSports has the same drama as any other live competition. A huge percentage consume it like how they would the Premier League or the NFL. There is an understanding of how millions play the games, and how the pros play the games.
Steven Roberts, Executive Chairman of ESL

Blog Post of The Day
Why Virtual Reality Needs Content in Order to Take Off
By Dan Schechter, The Wrap (Guest Blog)

Last week we talked about the emergence of virtual reality and the three different formats available to audiences today. But for any format to take hold and then take off in popularity and usage, there has to be a supply of content. More

Media Life
@MediaLifeMag

#SportsTV: Just imagine--Sports streaming on Netflix: http://bit.ly/28OQl7P

Event Updates
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September 27-28, 2016 | Tampa Airport Marriott | Tampa, FL
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NYC Television and Video Week

Virtual Reality 20/20
October, 17, 2016 |The TimesCenter | New York , NY
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Hispanic Television Summit
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The Diversity Discussion
December 5, 2016 |Convene Conference Center | New York, NY
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