Light Reading

Verizon/Redbox Video Service Hits Pause Button

Jeff Baumgartner
LR Cable News Analysis
Jeff Baumgartner

Welcome to the broadband and cable news roundup, Hump Day edition.

  • Verizon Communications Inc. (NYSE: VZ) and Redbox Automated Retail LLC have delayed the launch of their joint video streaming and DVD subscription service until early 2013, Verizon Chairman and CEO Lowell McAdam said at this week's UBS AG conference in New York. The service, which will tangle with Netflix Inc. (Nasdaq: NFLX), was slated for a fourth-quarter launch and expected to kick off with tiers starting at US$6 per month. McAdam said more testing is needed and that the commercial launch will be delayed until the first or second quarter of next year, writes The Hollywood Reporter. (See Verizon/Redbox Combo Set for Q4 Breakout and Verizon & Redbox Boot Up Web Video Service .)

  • Starz Entertainment LLC was wise to walk away from the bidding for Walt Disney Co. (NYSE: DIS) content and let Netflix swoop in, wrote ISI Group Inc. analyst Vijay Jayant, who thinks investors in Starz parent Liberty Media Corp. (NYSE: LMC) over-reacted to news that won't take effect until 2017. He estimates that Netflix could be paying as much as $400 million per year, and put Starz's deal at about $250 million per year. John Malone's Liberty Media plans to spin Starz into a separate public company. (See Netflix Swipes Disney Deal From Starz.)

  • Synacor Inc. , the Buffalo, N.Y.-based developer of TV Everywhere authentication systems and Web portals, is expanding into social gaming after notching a partnership with Zynga Inc. , the creator of titles such as FarmVille and Words With Friends. The deal will help Synacor's pay-TV partners, which include Charter Communications Inc. and CenturyLink Inc. (NYSE: CTL), offer access to Zynga games via their customer home pages.

  • Video software specialist SeaChange International Inc. (Nasdaq: SEAC) posted fiscal third-quarter GAAP net income of $600,000 (2 cents per share) on revenues of $39.2 million, down from year-ago revenues of $42.9 million. SeaChange also increased 2013 revenue guidance in the range of $155 million to $159 million.

  • The National Cable & Telecommunications Association (NCTA) , CableLabs and Society of Cable Telecommunications Engineers (SCTE) have issued a call for technical papers for the 2013 Spring Technical Forum, held in conjunction with The Cable Show, set for June 10-12 in Washington, D.C. Among the topics they're seeking: signaling and encoding for 4K TV, Docsis 3.1, and advanced home networking technologies. Proposals are due Jan. 21, 2013. (See Docsis 3.1 Targets 10-Gig Downstream.)

  • Netflix has tagged the PlayStation3 as the "top platform" for development, meaning it will be the first to get new features and access to more content than other devices.

    — Jeff Baumgartner, Site Editor, Light Reading Cable

    (2)  | 
    Comment  | 
    Print  | 
  • Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
    Jeff Baumgartner
    Jeff Baumgartner,
    User Rank: Light Beer
    1/10/2013 | 4:00:18 AM
    re: Verizon/Redbox Video Service Hits Pause Button

    Anyone things the delay is a big deal?  Maybe it's not when considering the grand scheme of things, but they'll miss out on any holiday tailwinds.  But are video subscription services the kind of thing you'd use as a stocking stuffer? JB

    Jeff Baumgartner
    Jeff Baumgartner,
    User Rank: Light Beer
    1/10/2013 | 4:00:17 AM
    re: Verizon/Redbox Video Service Hits Pause Button

    Heh, good point. Was thinking of that stuffer in a virtual form.

    Educational Resources
    sponsor supplied content
    Educational Resources Archive
    From The Founder
    The comms industry is rallying to the cause of open, independent interoperability testing.
    Flash Poll
    Live Streaming Video
    CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
    Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
    LRTV Interviews
    AT&T's Chiosi on the Potential of Open Source

    10|6|15   |   06:27   |   (0) comments

    AT&T Distinguished Network Architect Margaret T. Chiosi talks to Light Reading's Carol Wilson about the potential for open source technology to liberate communications service providers.
    LRTV Interviews
    Network Security in a Gigabit World

    10|6|15   |   05:52   |   (0) comments

    Masergy's James Harrison talks about some of the network security and data center issues network operators need to consider as they expand their broadband services portfolios.
    LRTV Documentaries
    Telefónica: In Search of Virtual Simplicity

    10|5|15   |   07:30   |   (0) comments

    Francisco-Javier Ramon Salguero, head of Telefónica's NFV initiative, admits virtualization initially means greater complexity, but with the right abstraction layer, it is possible to create a services-driven network architecture. He explains how Telefónica's current trials and initiatives are aimed at doing that, and what his company and other carriers need to ...
    LRTV Interviews
    Gigabit Europe Takeaways

    10|5|15   |   03:47   |   (0) comments

    Participants from the inaugural Gigabit Europe event in Munich share their key takeaways from the conference.
    Women in Comms Introduction Videos
    Intel Urges Women to Take Advantage of Their Seat at the Table

    10|5|15   |   4:27   |   (1) comment

    Have inclusive and constructive conversations, attach a bigger meaning to your work and get involved in the cause, Intel's Monique Hayward advises women in comms.
    LRTV Interviews
    BT Updates on Plans

    10|2|15   |   03:16   |   (2) comments

    Peter Bell, CIO at Openreach, the access network division at UK incumbent BT, provides an update on the operator's trials and how Openreach is planning to deploy the broadband technology in its street cabinets.
    Telecom Innovators Video Showcase
    Sonus Shakes Up SD-WAN

    10|2|15   |   7:22   |   (0) comments

    Sonus CTO Kevin Riley sat down with Light Reading to discuss the trajectory of the company, its SDN ambitions and why Sonus is taking a market-disruptive approve to SD-WAN.
    LRTV Interviews
    CityFibre's Gigabit Vision

    10|1|15   |   03:18   |   (1) comment

    Mark Collins, director of Strategy & Public Affairs at competitive UK city network operator CityFibre, talks about his company's plans to help build Gigabit Cities.
    Telecom Innovators Video Showcase
    Automate, Scale & Create With Juniper's vCPE Solution

    10|1|15   |   6:34   |   (0) comments

    Join Kireeti Kompella, Juniper Networks CTO, and Steve Saunders, Light Reading Founder and CEO, as they discuss Juniper Networks' approach to NFV showcased with a turnkey vCPE solution, which demonstrates how service providers can use automation to rapidly deploy services.
    LRTV Interviews
    Gigabit Europe: Day 1 Takeaways

    9|29|15   |   05:47   |   (5) comments

    Light Reading's Ray Le Maistre and Iain Morris sup a beer and discuss some of the key takeaways from the first day of Gigabit Europe 2015.
    LRTV Interviews
    Gigabit in Europe

    9|29|15   |   04:24   |   (0) comments

    At the Gigabit Europe 2015 event in Munich, Heavy Reading's Graham Finnie talks about the availability of gigabit broadband in Europe.
    Women in Comms Introduction Videos
    AT&T's Band of Women

    9|28|15   |   4:36   |   (0) comments

    Brooks McCorcle, the president of AT&T's partner solutions divisions and a mathematician by trade, shares stats on AT&T's diversity and advice on how to create your own band of women at work.
    Upcoming Live Events
    October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
    November 5, 2015, Hilton Santa Clara, Santa Clara, CA
    November 17, 2015, Santa Clara, California
    December 1, 2015, The Westin Times Square, New York City
    December 2, 2015, The Westin Times Square, New York City
    All Upcoming Live Events
    Communication service providers realize that an ICT transformation is critical to their long-term survival, but most haven't yet committed to making it happen.
    Hot Topics
    Verizon's Go90 Is Live – Will Anyone Watch?
    Mari Silbey, Senior Editor, Cable/Video, 10/1/2015
    Eurobites: Dunroamin'
    Paul Rainford, Assistant Editor, Europe, 10/2/2015
    Cisco's Chambers Rules Out Political Bid
    Mitch Wagner, West Coast Bureau Chief, Light Reading, 10/6/2015
    McKinsey: Women Less Likely to Advance at Work
    Sarah Thomas, Editorial Operations Director, 10/1/2015
    Sprint to Cut Up to $2.5B in 6 Months
    Sarah Thomas, Editorial Operations Director, 10/2/2015
    Like Us on Facebook
    Twitter Feed
    Webinar Archive
    BETWEEN THE CEOs - Executive Interviews
    With so many new and exciting communications technologies now under development, it's easy to get caught up in the industry's escalating hype cycle. That's why the ...
    Last week saw a big day in the 15-year history of Light Reading when Editor-in-Chief Ray Le Maistre and I were invited to interview the Deputy Chairman and Rotating ...
    Cats with Phones
    Hold My Calls, Indefinitely Click Here