For the cable circle, the big news that came out of Verizon’s 3Q conference call Thurs isn’t its FiOS-driven 40% YOY profit growth, but the termination of Verizon Wireless’ innovation technology jv with cable companies. “We are moving in our separate ways on that,” CFO Fran Shammo said. The JV, which ended in late Aug, was created in Dec ’11 as part of Verizon Wireless’ spectrum purchase from a group of cable MSOs—Comcast, Time Warner Cable, Bright House and Cox. Here’s Verizon’s reason for the move and more on the company’s financials.

More top stories from today’s CableFAX Daily:

Time Warner Cable and CBS may have settled their retrans spat, but the problems that created the month-long blackout impacting more than 3mln TWC customers are far from over. So says a 13-page letter to the FCC from TWC.
 
 
Mike Hopkins made his hire as Hulu’s new CEO official Thurs, sending a note to staffers expressing his excitement about the job.

The Daily

Subscribe

‘Great Expectations’ – A Classic on Class

It’s been more than 150 years since Charles Dickens introduced the world to an orphan named Pip, and though he didn’t have to contend with the ills of TikTok or Instagram in his coming-of-age story, there’s still plenty of relevance to today. Hence Hulu’s six-part limited series “Great Expectations,” with the first two episodes premiering Sunday.

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Mar 31
The FAXIES Awards 2023 Enter at Best Price by Friday, March 24
Apr 28
Top Ops & Regional RainmakersNominations Due: April 28
May 19
The Diversity List – 2023First Deadline: May 12; Final Deadline: May 19
Aug 18
Most Powerful Women – 2023Deadline: Aug. 11; Final Deadline: Aug. 18
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact [email protected] for more information.