Welcome to today's broadband and cable news roundup.
Netflix Inc. (Nasdaq: NFLX) says it has breached the 1 million subscriber mark in the U.K. and Ireland as the video streaming firm continues to do battle there with Sky and Amazon.com Inc. (Nasdaq: AMZN)-owned LOVEFiLM International Ltd. Netflix, which has 27 million subs worldwide, reached the milestone about seven months after launching services in the two countries, claiming it has reached the milestone faster there than it has in any other territory it has launched. Netflix will also try to outbid BSkyB for rights to newer movies from Hollywood's big studios, reports the Sunday Telegraph.
GigaOM says OnLive Inc. , Steve Perlman's online video gaming service, has sold its assets to a newly formed company with "substantial backing" that will likewise hire a "large percentage" of its staff. Earlier reports said the company laid off most of its staff and was about to close, but OnLive insists it's not shutting down. Perlman, OnLive's president and CEO (founder of WebTV Networks), has some cable associations. He started Rearden Steel, a video set-top/gateway outfit that eventually became Moxi Digital Inc. and merged with Paul Allen's Digeo Inc., a video box and software maker that is now in the hands of Arris Group Inc. (Nasdaq: ARRS). (See Arris Digs Digeo .)