According to the In-Stat report "Worldwide Real-Time Broadcast MPEG Encoder Market," Harmonic led the industry in encoder shipments in 2008, with 28 percent market share. In 2008, Harmonic shipped more than 12,000 encoding channels to broadcast, cable, satellite and telecom video service providers.

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Verizon, NYC Reach Settlement

Verizon has an agreement with New York City that settles proceedings against it after the city claimed it had failed to meet buildout terms for its Fios network under its cable franchise agreement.

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