Filed under: BROADCAST/CABLE
BROADCAST/CABLE
Verizon added 1.6 million wireless customers and 202,000 FiOS TV customers in the third quarter, the company reported Monday. Additions in customers getting high-speed Internet came in at 229,000. Total revenue was up 5.8% to $23.77 billion. (The Wall Street Journal/Dow Jones Newswires 10/30, The Washington Post/Associated Press 10/29, Forbes/AFX News Limited/Thomson Financial 10/29)
NBC Universal boss Jeff Zucker, speaking at a breakfast hosted by Syracuse University’s Newhouse School, is dismissive of talk that parent General Electric could sell off the unit. His biggest nightmare, he says, is NBC’s digital strategy: “Nobody has figured out the economic model.” (http://www.forbes.com/business/media/2007/10/29/television-nbc-zucker-biz-media-cx_lr_1029zucker.html 10/29)
Time Warner CEO Dick Parsons is expected to announce his exit from the company in the near future. But political strategists say it appears unlikely he will try to succeed Mike Bloomberg as mayor of New York City. Talk of Parsons entering politics is said to be subsiding. (http://www.nysun.com/article/65514 10/30)
Landlords often enter into exclusive deals with cable companies, leaving apartment dwellers with little say in who provides their pay television. Now U.S. regulators are poised to invalidate those contracts in hopes that competition from phone companies will drive down prices. (http://www.latimes.com/business/la-fi-cable30oct30,1,1853299.story 10/30)
BBC Worldwide plans to establish 30 more channels internationally during the next two years. The channels will join existing brands such as BBC America and BBC Canada. Also in the works are a new high-definition channel and an on-demand service in the United States. (http://www.guardian.co.uk/media/2007/oct/29/uknews.bbc 10/29)
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