If you didn’t notice the line for the Bluth Frozen Banana Stand on Columbus Circle this week, chances are you’ve at least seen some of the many news articles trumpeting the revival of “Arrested Development” on Netflix May 26, some 7 years after its last ep aired on Fox. The buzz is enormous, so it was refreshing to hear Netflix CFO David Wells take a low-key tone at JP Morgan’s investment conference Wed. Still, he’s willing to prognosticate more than Netflix did for “House of Cards,” saying it “might” have a positive impact on 2Q, which is historically lower YOY on subs based on seasonal patterns. More on what he expects from the series and the Netflix’s future here.

More top stories in today’s CableFAX Daily:

 
DirecTV is revisiting OTA integrated technology as programming costs continue to rise, CFO Patrick Doyle said at JP Morgan’s telecom and media conference Wed.
 
ACA wants the FCC to address rural call completion issues by holding long distance providers responsible. More on the filing here.
 
Turner kicked off its upfront Wed by announcing that TNT and TBS will offer live streams this summer. Here is the TVE strategy, according to Turner’s Steve Koonin.
 
 

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