AUTOMOTIVE Lyft/Cost Estimates On demand ride service Lyft has added a new feature to its app: cost estimates for how much rides will cost.

BEVERAGES Dr Pepper Snapple/ The Wall Street Journal reported that two of the big U.S. soda makers are Bai Brands/PepsiCo/ scooping up fast growing companies that market healthier beverages: Dr KeVita Pepper Snapple Group acquired Bai Brands, the maker of low calorie coffee fruit drinks, for $1.7 billion, and PepsiCo purchased KeVita, a maker of fermented probiotic and kombucha beverages at roughly $200 million.

BROADCAST CBS Radio CBS Radio filed a preliminary prospectus for what will be a new publicly traded company for its 117-radio station group.

FCC/Forward Auction The FCC begins stage three of its forward auction on December 5. The reverse auction is where TV stations set the price at which they will give up spectrum – with the FCC lowering the price in each round, while the forward is where bidders compete for the rights to that spectrum, presumably for wireless broadband. The third stage of the FCC’s broadcast incentive spectrum auction closed last Thursday after 52 rounds with the broadcasters’ new asking price now at $40+ billion for 108 MHz of spectrum. Note: Broadcasters’ stage one clearing price was about $86 billion and the second stage price was about $55 billion.

MGM/Light TV Mark Burnett (and wife Roma Downey) and MGM are launching a locally based digital network for family entertainment called Light TV. The network, which will feature what it calls “wholesome family and faith based entertainment programming” using MGM’s library of film and television content, will launch in December on 14 Fox owned and operated TV stations.

CONFECTION Nestle/Sugar Lite Nestle announced that it has developed a method of restructuring sugar, allowing the company to reduce the amount of sugar in its candy products by as much as 40%.

CORPORATE Samsung Rumors are circulating that Samsung Electronics is contemplating whether to split into two companies in an effort to boost long-term value for shareholders as well as listing the company’s shares on more international exchanges.

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DATA Nielsen/DAR Nielsen is launching an extension of its Digital Ad Ratings called DAR Publisher Publisher Insights Insights, whose mission is to allow digital publishers to achieve a deeper analysis of advertising campaign data. Components: Digital Reach Benchmark, which ranks publishers against both reach and on-target percentages for campaigns. Publishers can then view their efforts in comparison to their competitors. Also, using Nielsen Catalina Solutions and Nielsen Buyer Insights data in combination with DAR Publisher Insights can give publishers return on ad spend research.

DIGITAL AppNexus/ B&C reported that digital ad service company AppNexus has barred Breitbart News Breitbart form using its ad-serving tools because the conservative online publisher violated its hate speech rules. After reviewing the site, AppNexus determined that many of the site’s articles and headlines, using overt or coded language, constituted hate speech. Going forward, Breitbart will no longer gets ads from the exchange that AppNexus runs.

FINANCE Market Closings For the first time in 17 years (December 31,1999) all four markets – S&P 500, Dow, Russell 2000 and Nasdaq – closed at a new high on the same date.

GAMING Consoles/Market According to Gaming Industry website, Sony’s PlayStation 4 console dominates Share market penetration with 55% of the global console market and 45.3 million PS4s in consumer hands, compared with 29% for Microsoft (23.5 million Xbox Ones) and 16% for Nintendo’s Wii U (13.5 million).

Facebook/Gaming Facebook is adding Instant Games to Messenger and News Feed. On Messenger, Instant Games can be accessed through a new game controller icon just below where users typically type a message. There, users can find score based games, leaderboards and group thread conversations to compete against personal contacts.

GLOBAL Pope/Abortion The Wall Street Journal reported that Pope Francis indefinitely extended the power of priests to forgive the “grave sin” of abortion, one of his signature gestures from the Catholic Church’s just ended Jubilee Year of Mercy. In a document released by the Vatican, Pope Francis wrote that his gesture was aimed at helping the sacrament of confession “regain its central place in the Christian life,” so that “everyone is afforded the opportunity of experiencing the liberating power of forgiveness.” The following chart delineates the percentage of U.S. adults in selected religious groups who say abortion should be legal/illegal: Abortion Abortion Religion Legal Illegal Religion Legal Illegal Jewish 83% 15% Muslim 55% 37% Buddhist 82% 17% Orthodox Christian 53% 45% Hindu 68% 29% Catholic 48% 47% Protestant 60% 35% Evangelical Protestants 33% 63% Weeks of November 28 & December 5, 2016 2 of 9

GLOBAL(cont’d) U.K./Wealth Credit Suisse Group’s latest global wealth study reported that U.K. households shed $1.5 trillion in wealth, a 10% drop, based on its calculations of data at the middle of the year compared with the same time a year earlier. A big factor, cites the report, was the weaker pound, which reduced the value of British assets when priced in dollars. Also, the U.K. lost just over 400,000 of its millionaires when adjusted into dollars – so reported The Wall Street Journal.

HOLIDAYS Thanksgiving The American Farm Bureau Federation reported that a classic Thanksgiving dinner would cost $49.87 for a gathering of 10, just under $5 per person. The total is a step back from 2015’s all time high of $50.11.

LEXICON Post-Truth Oxford dictionary selected “post-truth” as its word of the year. It was first used in 1992 by Steve Tesich in an essay but has spiked this year in the context of Brexit and the American election. Other words that made the shortlist includ “alt-right”, “Brexit-eer” and coulrophobia (an extreme fear of clowns).

MUSIC iHeartRadio/On iHeartRadio launched an on demand service, iHeartRadio All Access, which is Demand powered by Napster, the music service that until recently was known as Rhapsody in the U.S.. The service costs $9.99 per month and offers users unlimited streaming access to full albums and millions of songs.

PERSONALITIES The Big Apple Circus New York’s Big Apple Circus filed for bankruptcy protection. Since its founding in 1977, as a school and a show, Big Apple Circus stood apart form the corporate circus business. Instead of lions, tigers and elephants, it featured dogs, ponies and the occasional pig.

Fidel Castro Cuban leader and dictator Fidel Castro has passed away. He was 90 years old.

Emma Morano Italian born Emma Morano, who is the oldest person in the world, celebrated her 117th birthday last week. She is the only living person who was born in the 1800s.

Andrew Sachs Actor Andrew Sachs, best known for his portrayal of a bumbling waiter in the British comedy Fawlty Towers, has passed away. He was 86 years old.

Grant Tinker Former NBC chairman and CEO circa 1981 – who also founded production company MTM Enterprises (The Mary Tyler Moore Show, The Bob Newhart Show, Hill Street Blues, Lou Reed, Rhoda) with second wife Mary Tyler Moore – has passed away. He was 90 years old. Note: During his tenure, he introduced programs such as Family Ties, The Cosby Show and Cheers, which brought NBC to the top of the networks.

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PUBLISHING Self Magazine Publisher Condé Nast announced that Self magazine will shutter its monthly print edition after a 38-year run and go digital only.

Southern Living Publication Southern Living opened a branded retail store in Myrtle Beach, South Carolina – the first of many, the publisher announced. The brick and mortar store features items from local Southern artists and producers, as well as Southern Living’s own products, such as cookbooks.

REAL ESTATE Airbnb/Rental Limits Airbnb agreed for the first time to limit the number of nights a year a host can rent out a home in two of its biggest European markets, London and Amsterdam.

RETAIL Holiday Spending A National Retail Federation survey reported that online spending during the Thanksgiving weekend grew at the expense of store spending for a straight second year. The NRF estimates that about 109 million people shopped online, compared with 99 million in stores. Online spending was pegged at $5.27 billion according to Adobe Systems, which analyzed data from 22.6 billion visits to retail stores. Also, Adobe Digital Insights reported that Cyber Monday revenue hit an all time high of $3.45 billion, becoming the most lucrative online sales day in history.

Another survey of holiday weekend shoppers showed that there were 154 million shoppers who spent on average $289.19 per person – down from $299.60 the prior year.

Levi’s/Leave Your Retailer Levi’s is requesting that gun owners leave their weapons at home when Guns At Home in the company’s offices, facilities or stores – “even in states where it’s permitted by law.”

SPORTS Tom Brady New England quarterback Tom Brady has become the fifth NFL quarterback to reach 60,000 yards passing. Top four record holders: Peyton Manning (71,940), Brett Favre (71,838), Drew Brees (64,180) and Dan Marina (61,361).

TECHNOLOGY Amazon Echo Consumer Intelligence Research Partners reported that Amazon has sold 5.1 million Echo devices to U.S. consumers since late 2014. Also, Amazon is rumored to be developing a premium Echo-like speaker with a video screen.

Fitbit/Pebble Rumors are circulating that fitness wearable manufacturer Fitbit is set to acquire smartwatch maker Pebble for around $40 million.

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TECHNOLOGY(cont’d) Smartwatch eMarketer’s top 5 smartwatch vendors worldwide, ranked by shipments (Q3 2015 Makers and Q3 2016): Shipments (Millions) Shipments (Millions) Company Q3 2015 Q3 2016 Company Q3 2015 Q3 2016 Apple 3.9 1.1 Lenovo 0.3 0.1 Garmin 0.1 0.6 Pebble 0.6 0.5 Samsung 0.4 0.4 TOTAL 5.6 2.7

VIDEO ABC/24-Hour Rumors persist that ABC is contemplating the possibility of launching a new 24- News Channel hour digital news channel.

Amazon Channels/ Amazon Channels, an OTT offering launched a year ago that aggregates a broad HBO/Cinemax selection of SVOD services, now lets Amazon Prime customers tack on subscriptions to premium channels HBO and Cinemax. The cost of a monthly subscription for HBO is $14.99 and Cinemax $9.99.

As an aside, AT&T’s newly launched OTT service DirecTV Now announced that its customers can subscribe to either HBO or Cinemax for $5 a month.

AT&T/DirecTVNow On November 30th, AT&T launched DirecTV Now, a new over the top streaming service priced at $35 a month with about 100 channels. As part of the subscription package, wireless data used to watch DirecTV Now on smartphones or tablet computers will be free for AT&T’s more than 77 million mainstream wireless subscribers. Package variety: initially subscribers get 100+ channels for $35 a month – however, after an introductory period the number of channels drops to 60+ in a “Live a Little” package; a “Just Right” group of 80+ channels will cost $50 a month; “Go Big” will set subscribers back $60 for over 100 channels; and $70 a month will get consumers a “Gotta Have It” package with over 120 channels. For an extra $5 a month, HBO or Cinemax are available. A Taylor Swift channel will be included in all services and a Reese Witherspoon channel is in the works.

Upon review of the service, the FCC claims that AT&T is violating the net neutrality rules by exempting DirecTV video (data-free TV) from customers’ data caps. In other words, the decision to offer DirecTV Now on a data-free basis gives consumers an incentive to purchase DirecTV, at the expense of rivals like Netflix or Amazon.

CBS All Access/NFL CBS announced that its linear TV “NFL on CBS” package will be available on its paid streaming video service CBS All Access commencing Sunday, December 4. CBS All Access subscribers will receive all “NFL on CBS” games that are being broadcast in their local market. Beginning nest year, the deal with the NFL will allow streaming not only of CBS’s Sunday afternoon games but its share of the “Thursday Night Football” NFL package.

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VIDEO(cont’d) GoPro Camera manufacturer GoPro announced that it is shuttering its entertainment division, which featured both production partnerships and original content.

Instagram Instagram, which is owned by Facebook, rolled out two new features with one focused on live video and one on ephemeral messaging. The live video feature lets Instagram users broadcast live video to their followers through the Instagram Stories section of the app. Much as in Twitter’s Periscope, friends and followers watching Instagram Live videos can comment and send cartoon hearts to the broadcaster during the stream. Instagram’s other new feature, disappearing photos and videos within the company’s private messaging tool, will be available to all its users.

Invidi/AT&T/WPP/ AT&T (DirecTV), advertising and marketing holding company WPP, and Dish have Dish taken joint ownership of addressable technologist Invidi. AT&T’s DirecTV will hold the controlling interest and each company will have representatives on the Invidi board of directors but the tech company will continue to operate independently.

Meredith/Haystack Meredith owned TV stations, which cover 12 markets reaching 12 million TV households, are rolling out local news on Haystack TV, a personalized news streaming service.

NBCU/Buzz NBCUniversal will intertwine its ad sales with BuzzFeed’s as part of an additional $200 million strategic investment in the digital company. The deal will allow both companies to co-sell ad packages including space on each other’s properties. BuzzFeed will also create native ads and social media distribution strategies with NBCU’s content studio.

Netflix/Offline Netflix announced that it is deploying an iteration of its service that will allow subscribers to download programming to smartphones and tablets.

SintecMedia/ SintecMedia, a provider of TV ad management software for media companies, Operative acquired ad tech entity Operative Media for approximately $200 million. The acquisition will combine Sintec’s TV expertise with Operative’s digital ad management acumen.

Starz/Spotify Premium TV service Starz plans to launch streaming music service Spotify’s integration into the Starz premium video streaming service app.

Time Warner/ Variety reported that Time Warner acquired multichannel network (MCN) Machinima Machinima for $100 million.

TiVo/Netflix Streaming video service Netflix and TiVo’s set top boxes will now feature a special Netflix button on the remote controls.

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TOP PAY TV PROVIDERS IN THE U.S. (CLOSE OF THIRD QUARTER 2016)

CATEGORY PROVIDER SUBSCRIBERS Cable Comcast 22,428,000 Charter (Time Warner, Bright House) 17,275,000 Altice (Cablevision, Suddenlink) 3,598,000 Mediacom 834,000 Cable ONE 329,386 Others (private companies) 4,305,000 Total 48,769,386 Satellite DirecTV 20,777,000 Dish 13,643,000 Total 34,420,000 Telco Verizon FiOS 4,637,000 AT&T U-verse 4,544,000 Frontier 1,245,000 Total 10,462,000 Total - 93,651,386

Source: Leichtman Research Group

TOP BROADBAND INTERNET PROVIDERS IN THE U.S. (CLOSE OF THIRD QUARTER 2016)

CATEGORY PROVIDER SUBSCRIBERS Cable Comcast 24,316,000 Charter (Time Warner, Bright House) 22,202,000 Altice (Cablevision, Suddenlink) 4,122,000 Mediacom 1,145,000 WOW (WideOpenWest) 728,400 Cable ONE 510,573 Others (private companies) 4,765,000 Total 57,788,973 Telco AT&T 15,618,000 Verizon 7,038,000 CenturyLink 5,950,000 Frontier 4,404,000 Windstream 1,063,800 FairPoint 309,547 Cincinnati Bell 299,800 Total 34,682,347 Total - 92,471,320

Source: Leichtman Research Group

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COMSCORE’S TOP 25 MULTI-PLATFORM PROPERTIES (DESKTOP AND MOBILE) OCTOBER 2016

RANK PROPERTY UNIQUES (000) 1 Google sites 246,359 2 Facebook 207,047 3 Yahoo sites 206,617 4 Microsoft sites 193,828 5 Amazon sites 182,151 6 CBS Interactive 165,656 7 Comcast NBCUniversal 163,453 8 AOL 158,780 9 Apple 150,074 10 Turner Digital 139,220 11 Time Inc. Network 129,077 12 LinkedIn 121,371 13 Wikimedia Foundation sites 118,778 14 USA Today 115,013 15 Hearst 109,975 16 Twitter 109,239 17 Weather Co. 104,517 18 eBay 102,140 19 New York Times Digital 101,545 20 Washington Post.com 99,561 21 ESPN 99,295 22 Pinterest.com 94,574 23 Wal-Mart 93,923 24 Condé Nast Digital 93,140 25 Pandora.com 85,382

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THE WALL STREET JOURNAL’S “MOMENTS IN FIDEL CASTRO’S RULE”

YEAR EVENT

January 1, 1959 Fidel Castro’s rebels take power as dictator Fulgencio Battista flees Cuba.

June 1960 Cuba nationalizes U.S. owned oil refineries after they refuse to process Soviet oil. Most other U.S. businesses are expropriated by October.

October 1960 Washington bans exports to Cuba, other than food and medicine.

April 16, 1961 Mr. Castro declares Cuba a socialist state.

April 17, 1961 Bay of Pigs: CIA backed Cuban exiles stage a failed invasion.

February 7, 1962 Washington bans all Cuban imports.

October 1962 A U.S. blockade forces the removal of Soviet nuclear missiles from Cuba. U.S. President John F. Kennedy agrees privately not to invade Cuba.

March 1968 Mr. Castro’s government takes over almost all private businesses.

April 1980 Mariel boatlift: Cuba says anyone can leave; some 125,000 do so.

December 1991 Soviet Union’s collapse slams Cuban economy.

August 1994 Mr. Castro declares he won’t stop Cubans trying to leave; some 40,000 take to sea heading for the U.S.

March 18, 2003 75 Cuban dissidents are sentenced to prison.

July 31, 2006 Mr. Castro says he has had surgery, temporarily cedes power to brother Raul.

February 19, 2008 Mr. Castro resigns as president.

July 2010 Mr. Castro re-emerges after years in seclusion, visiting a scientific institute, giving a TV interview, talking to academics and taking in a dolphin show at the aquarium.

April 19, 2011 Mr. Castro is replaced by his brother Raul as first secretary of the Communist Party, the last official post he held. The elder Castro makes a brief appearance at the Congress, looking frail as a young aide guides him to his seat.

April 19, 2016 Fidel Castro delivers a valedictory speech at the Communist Party’s seventh Congress, declaring that “soon I’ll be like all the others. The time will come for all of us but the ideas of the Cuban Communists will remain.”

November 25, 2016 Fidel Castro dies at the age of 90.

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