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

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Thursday–April 18

WICT Network Looks Back on Two Decades of PAR

It’s that time of year again for The WICT Network’s Signature Luncheon, and this Friday’s fete will be a massive celebration of 20 years of the organization’s PAR initiative.

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Apr 25
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