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3DTV Sales Slow in the States

Light Reading
LR Cable News Analysis
Light Reading
6/30/2011

Here's a quick look at today's cable news.

  • Only 1.8 million U.S. homes are expected to own a 3DTV by the end of 2011, according to SNL Kagan , which predicts 5 percent of homes will have a 3DTV in 2012. (See 2010 Top Ten: 3DTV Hype Builders .)

  • News Corp. (NYSE: NWS) agreed to sell MySpace to Specific Media and musician Justin Timberlake for $35 million in stock and cash, six years after buying the social media site for $580 million. (See News Corp. Fires MySpace CEO.)

  • Frontier Communications Corp. (NYSE: FTR) responded to Comcast Corp. (Nasdaq: CMCSA, CMCSK) ads that rip the telco for dropping FiOS TV, insisting that it is offering DirecTV Group Inc. (NYSE: DTV) programming as an alternative -- not a replacement -- for subscribers who want a pay-TV package. (See Frontier May Pull FiOS TV Plug in Oregon.)

  • Cablevision Systems Corp. (NYSE: CVC) is using software from Affinegy Inc. that lets Optimum triple-play subscribers connect PCs, game consoles, printers and connected TVs to home networks through a wireless router. (See Cablevision Unleashes 'Ultimate' Triple Play.)

  • Top Comcast lobbyist David Cohen is hosting President Obama at a fundraiser at his Philadelphia home tonight.

  • Cisco Systems Inc. (Nasdaq: CSCO) launched an app store for its Android tablet, which is expected to cost $750 when it goes on sale next month.

  • Ryz Media is distributing a BlinQ app and $9.99 infrared transmitter for Apple Inc. (Nasdaq: AAPL)'s iPhone, iPad and iPod Touch that allows pay-TV subscribers to turn the mobile devices into remote controls for set-tops.

  • U.K. TV ratings firm Barb will soon begin measuring viewing on PCs, laptops and tablet devices.

  • Comcast added 32 high-definition channels to its lineup in Norwich and Old Lyme, Conn.

  • Cox Communications Inc. 's New Orleans franchise is up for renewal.

    — Steve Donohue, Special to Light Reading Cable

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