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


‘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.

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