More rough second-quarter numbers for U.S. video service providers leads today's cable news roundup.
Continuing a trend among major U.S. video service providers, Dish Network LLC (Nasdaq: DISH) shed 135,000 subscribers in the second quarter, attributing the loss to a mix of competition and "higher levels of discounting." In response, Dish will freeze prices through January 2013. Earnings rose to US$335 million (75 cents per share), versus $257 million (57 cents per share) a year earlier, but missed analyst expectations of 79 cents per share.
LG Electronics Inc. (London: LGLD; Korea: 6657.KS) 's IP-connected Smart TV platform could gain access to authenticated video-on-demand and other pay-TV services after notching a deal to support Clearleap 's Stream On Demand platform.
Cable engineers at the CableLabs Summer Conference in Keystone, Colo., pickedMetaswitch Networks 's Thrutu in-call content sharing app for PCs, smartphones and tablets as the winner of the event's Innovation Showcase.