iTV Dump: Canoe Ventures has decided to shut down its iTV ad business and focus on VOD. Advertisers have been reluctant to pay extra money for iTV ads, says a source. More on today’s CableFAX Daily lead story here. (Ed Note: premium subscription required)

Also in today’s CableFAX Daily:
 
*The cable industry lauded FCC chairman Julius Genachowski’s speech on cyber security, which suggested top-down government regulation would be less effective than public-private partnerships. He gave a tip o’ the hat to certain industry players.
 
*Public interest groups continue to pressure the FCC to block Verizon Wireless’ spectrum deal with SpectrumCo and Cox.
 
*Cable ops ranked Disney/ESPN Media Nets as the most helpful basic network organization in selling HSD, Internet, HDTV and/or VOD, according to Beta research. Read on for more high-ranking nets.

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Altice Buys Morris Broadband

Altice USA is back on the acquisition game, announcing its buy of Morris Broadband Monday for $310 million. Morris Broadband is a sector of Morris Communications , a privately-held, Georgia-based media company

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