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Cable Co-Op Lights Up TV Everywhere Platform

Welcome to the broadband and cable news roundup, T.G.I.F. edition.

  • The National Cable Television Cooperative Inc. (NCTC) says more than 80 cable operators have deployed a new TV Everywhere authentication platform that's tailored for small and independent cable operators and has become available in time to provide access to NBCUniversal LLC 's upcoming streaming video coverage of the summer Olympic Games. That "low-cost' platform, called Watch TV Everywhere (WTVE), stems from work pioneered by Massillon Cable TV Inc. The NCTC began to pursue a TV Everywhere system for its members last year, and more details about WTVE will likely be discussed at next week's The Independent Show in Florida. In addition to the in-house platform, the NCTC has also secured a deal for members to get a bulk rate on Clearleap 's TV Everywhere authentication system. (See Clearleap Jumps Into Video Authentication and Cable Co-Op Boots Up TV Everywhere Project.)

  • Raymond James Financial Inc. (NYSE: RJF) analyst Simon Leopold has downgraded Arris Group Inc. (Nasdaq: ARRS) stock from "strong buy" to "outperform" over concerns that the cable gear maker's near-term expectations, particularly for the fourth quarter of 2012, may be a "bit high" and that shares have already neared his target price of US$15. Leopold is worried that demand for cable modem termination systems (CMTSs) may slow as customers set their sights on the company's new E6000, a Converged Cable Access Platform (CCAP) device that combines CMTS and edge QAM functions. However, he believes cable operator concerns about Google (Nasdaq: GOOG)'s control of Motorola Mobility LLC 's cable business could provide a tailwind for the vendor.

  • Speaking of Motorola Mobility, the unit posted a loss of $233 million ($192 million for the mobile segment, and $41 million for the home unit) on revenues of $1.25 billion in a truncated second quarter (Google's Motorola results were tallied from the completion of the acquisition on May 22 through June 30). (See Google Keeps Quiet on Plans for Moto and Who's Angling for Motorola's Cable Unit? )

  • A $2 billion cash infusion that's tied to a proposed $6.6 billion buyout of Suddenlink Communications by two investment firms and three MSO execs will enable the company to pursue acquisitions, Suddenlink Chairman and CEO Jerry Kent told Multichannel News. A Suddenlink spokesman confirmed that Kent, company COO Tom McMillin and CFO Mary Meduski are among the execs poised to take a minority stake in Suddenlink when the buyout closes. (See CEO Joins $6.6B Bid for Suddenlink .)

  • DirecTV Group Inc. (NYSE: DTV) subs again have access to networks such as Nickelodeon, MTV and Comedy Central after the satellite TV giant and Viacom Inc. (NYSE: VIA) announced a new carriage deal on Friday. Viacom pulled 17 channels from DirecTV on July 10 after the two were unable to reach a new deal before the old one lapsed. The new deal includes a TV Everywhere component, but not carriage of the Viacom-backed EPIX premium movie channel, which has been a sticking point during the testy negotiations.

  • Dish Network LLC (Nasdaq: DISH) lost 10,000 net subscribers in the second quarter, much better than the 115,000 to 119,000 subscriber losses expected by some analysts, Bloomberg reports, citing a regulatory filing. Dish reports its full second-quarter results next month.

    — Jeff Baumgartner, Site Editor, Light Reading Cable

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    Jeff Baumgartner 12/5/2012 | 5:27:13 PM
    re: Cable Co-Op Lights Up TV Everywhere Platform

    Will be awhile before Suddenlink closes this deal and gets a better chance to not just survey the opportunities but do something about it.  Any guesses on which operators of any size might make a good fit?  My first inclination is Cable One.

    Long term there's speculation that Charter could end up for sale once Rutledge whips it into shape, but I think an aquisition of Charter would not be in the realm for Suddenlink, but larger MSOs, perhaps those that could divvy it up geographically and expand their system clusters.  JB

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