CBS reports 2% revenue growth on retrans and football; Netflix readies to launch Down Under

Cable industry news from across the Web:

> CBS Corp. reported a 2 percent rise in third-quarter revenue to $3.4 billion, driven by a 4 percent spike in content licensing, as well as a 2 percent gain in NFL advertising in a tough ad climate. Story

> AMC Networks smashed revenue forecasts of $511.1 million with a $519.6 million third quarter, up 31.4 percent year over year and driven by the performance of overseas channels. Story

> Scripps Networks reported 4.2 percent revenue growth to $618 million, driven by advertising and affiliate fee increases. Story

> Viewing video on multiple devices will increase U.S. household bandwidth requirements an average of 31 percent annually over the next five years, according to ACG Research. Story

> Cloud-based video encoding services provider said it has completed a $3.5 million "B" round of funding, led by Harmonic. Story

> Netflix is preparing to launch in Australia next year and has already hired marketing agencies to plan its promotional campaign. Story

And finally … Apparently, progressive voters couldn't even be motivated to watch TV Tuesday, with Fox News beating even the major broadcast networks in election night audience share. Story

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