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Verizon Strike Gets Uglier

Verizon Communications Inc. (NYSE: VZ)'s building strike strife kicks off the T.G.I.F. edition of the cable news roundup.

  • A strike of 45,000 Verizon wireline workers in the northeast and mid-Atlantic region turned nastier Thursday amid charges by the telco that it's been targeted by more than 90 acts of sabotage since Sunday. Those charges have been mixed with complaints from managers that they've been the subject of verbal attacks as they move through picket lines. (See Strike Rhetoric Benefits No One.)

  • EchoStar Corp. LLC (Nasdaq: SATS)'s 10-Q filing reveals that the company paid $45 million for Move Networks late last year. Corporate cousin Dish Network LLC (Nasdaq: DISH) is putting Move's adaptive bit rate video streaming tech to work this year in IP-connected set-tops and its authenticated Dish Online service. (See Dish Makes Its Adaptive Streaming Move.)

  • Fox Broadcasting Co. is tying online video rights to broader retransmission deals being struck with MSOs and other affiliates, News Corp. (NYSE: NWS) President, COO and Deputy Chairman Chase Carey confirmed on the company's fourth-quarter earnings call. (See Fox Erects TV Everywhere Pay Wall .)

  • Insight Communications Co. Inc. lost 13,600 basic video subs and added 6,200 digital video subs and 1,800 cable modem subs in the quarter. The Tier 2 MSO is on the block, but has so far been unable to attract anyone willing to pay up its desired price of between $3.5 billion and $4 billion. (See No Action for Insight's Auction.)

  • The Ping-Pong match between the National Cable & Telecommunications Association (NCTA) and Consumer Electronics Association (CEA) over AllVid continues. The cable guys filed a letter with the FCC countering a slew of CEA claims that the cable industry hasn't done enough to spur a retail market for video devices and avoid a new set of mandates. (See AllVid Starting to Look App-Tastic .)

    — Jeff Baumgartner, Site Editor, Light Reading Cable

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