AT&T adds revenue, U-verse TV subs in 2Q; Netflix beats profits, misses revenues in 2Q

More news from Fierce:

> AT&T reported higher revenues (but slimmer profits) and continued growth in its U-verse TV subscriber rate in the second quarter. Article

> Netflix mailed in a solid second quarter in terms of subscriber growth and profit, but it missed the revenue mark Wall Street expected by enough to send the stock down 10 percent. Article

> Verizon has executed its long-planned succession strategy, naming COO Lowell McAdam its chief executive. McAdam will oversee the company's wireline and wireless operations starting Aug. 1. Ivan Seidenberg will step down as CEO role but maintain his post as chairman of the telco. Article

> Verizon kept the FiOS fires burning in a solid second quarter, with the telco adding a net 184,000 TV and 189,000 Internet subscribers. FiOS video, data and voice services generated $2.03 billion in the three months ending June 30, up 20.7 percent year-over-year, and now account for 57 percent of consumer revenue, up from 48 percent a year ago. Verizon now counts 3.85 million video customers, holding its spot as the nation's seventh-biggest pay-TV provider. Article

> Fans of the soap operas All My Children and One Life to Live have been waiting eagerly for news of how budding online video network Prospect Park plans to bring their cancelled shows to the Internet. Article

> About 60 percent of American households with connected TVs use TV apps at least once a week, a new study contends. And, although Netflix and YouTube currently dominate the space, users will increasingly turn to apps from competitors as they gather traction in the market. Article

> Much has been made about Netflix and its potential integration with social networking giant Facebook, but it's not something U.S. subscribers to either service are likely to see soon. Article

> Some 100,000 DirecTV households will become part of Nielsen's local TV ratings after the media tracker reached a deal with Kantar Media to collect viewing data from DirecTV set-top boxes in a number of markets. Article

> Momentum announced the addition of the Caller ID on TV feature to its product line with Interactive TV applications for Tier 2 and Tier 3 operators from the NCTC Independent show. Beginning in August, this service will be available to all Momentum partners that support two-way communications. Release

> Portugal Telecom has increased its share of the country's pay TV market to 32 percent at the end of June, up from 26 percent a year earlier. Article

> Dutch telco and pay TV operator KPN ended June with 1.3 million TV customers after adding 56,000 IPTV subscribers in the second quarter of 2011. Article

> Walt Disney Co. offered to buy the rest of India's UTV Software Communications it doesn't own for as much as 20.1 billion rupees ($454 million), as the world's biggest media company seeks to expand in Bollywood. Disney, which owns 50.44 percent of UTV, offered to buy all remaining outstanding shares for no more than 1,000 rupees each, the Mumbai-based company said in a statement today. That's 11 percent higher than the closing price yesterday. Article

And finally... The naked sunbathers who once crowded Germany's Baltic beaches and city parks are becoming an endangered species due to shifting demographics, the fall of the Berlin Wall, growing prosperity and widening girths. Article

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