Bob Bakish

Will 5G change TV?

Harry Potter and the Deathly Hallows – Part 2 (Credit: Warner Bros)

Chicago and Minneapolis may not seem like the homes of cutting­edge technology but, on 3 April, they became the world’s first two cities with commercial 5G mobile services serving 5G-enabled smartphones.

The service was launched by US carrier Verizon, keen to beat several Korean rivals to the bragging rights for commercialising 5G first, if only by a few hours.

Viacom chief Bob Bakish discusses future streaming possibilities

Viacom chief Bob Bakish (Credit: Paul Hampartsoumain)

It was Viacom founder Sumner Redstone who coined the phrase “content is king”. The company’s President and CEO, Bob Bakish, is also associated with a term that defines a media era: he dubbed the streamers, such as Amazon and Netflix, “frenemies”. He used the description recently to explain the fact that, although big producers and channel owners fear the streamers for eroding viewing figures, they can also make money by supplying the tech giants with shows.