YouTube Eyes Virtual Cable Service

Internet video buzz dominates today's cable news roundup.

  • YouTube Inc. is believed to be building a "virtual cable service," with plans to package premium content on 10 to 15 channels. (See Google Targets MSOs With YouTube Overhaul.)

  • Google (Nasdaq: GOOG) bought DVR software developer SageTV, which could help it add place-shifting capabilities to Google TV. (See Google Acquiring Widevine.)

  • Time Warner Cable Inc. (NYSE: TWC) remains interested in using consumption-based billing for broadband and is looking to install meters that calculate usage, CEO Glenn Britt told Bloomberg. TW Cable trialed the idea in 2009 but shut it down amid a backlash. However, the idea is getting popular again among ISPs. (See TWC Mothballs New Metering Trials and Will Cable Follow AT&T's Lead on Usage Fees?)

  • Time Warner Cable will soon upgrade its Digital Navigator IPG running on Cisco Systems Inc. (Nasdaq: CSCO), Motorola Inc. (NYSE: MOT), and Samsung Corp. set-tops to allow subscribers with a multi-room DVR to delete recordings from any box. Subs that use the MSO's iPad app will also be able to schedule DVR recordings remotely. (See TW Cable Flirts With Full IP Video Simulcast.)

  • ESPN will shoot tennis in 3-D for the first time at Wimbledon, and subscribers will be able to watch live matches on its WatchESPN iOS app for the iPad, iPhone and iPod Touch. (See Comcast Plays Ball With ESPN 3D .)

  • Comcast Interactive Capital , Rogers Communications Inc. (Toronto: RCI) and Cisco Systems Inc. (Nasdaq: CSCO) were among those leading a $50 million Series D round in Icontrol Networks Inc. , an infusion that brings the total investment in the home security and control firm to more than $100 million. (See Comcast Picks iControl and Comcast Unlocks Home Security Service.)

  • Netflix Inc. (Nasdaq: NFLX) pulled Sony Pictures Digital Inc. movies after Starz Entertainment LLC hit the limit on the number of Sony movies it is allowed to stream from Sony. Netflix blamed the move on a "temporary contract issue between Sony and Starz." (See Netflix Could Pay Big for Starz Renewal .)

  • The average amount of data consumed by smartphone owners each month has jumped 89 percent to 435 megabytes, according to The Nielsen Co. .

    — Steve Donohue, Special to Light Reading Cable, and Jeff Baumgartner, Site Editor, Light Reading Cable

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