Suddenlink Communicationslost 2,000 video subs video subscribers in the first quarter, ending the period with 1.25 million. It added 31,200 high-speed Internet customers for a total of 982,600, and 14,600 phone customers to make 453,200 total. The MSO posted a net loss of $26.6 million on revenues of $505 million, up 6.2 percent year-over-year. Project Imagine, an infrastructure upgrade that includes Docsis 3.0 and video-on-demand expansions, is 89 percent completed.
The last vestiges of over-the-top video service Joost are being swept intoAdconion Media Group's Smartclip video ad unit, reports MediaPost. Adconian had tried to spin Joost into a standalone business focused on premium video. (See Joost Returns! )