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

Suggested Articles

Blockgraph has partnered with TVSquared to provide omni-channel TV measurement and audience activation.

The CEOs of AT&T, Charter and Comcast this week presented varying visions for the future of pay TV at their respective companies.

Charter doesn’t think it needs its own video streaming box and believes its video app strategy and third-party agreements are enough.