MaxLinear sees 190% rev spike in Q1; DirecTV to release Jackie Chan movie before theatrical window

More cable news from across the web:

> Chipmaker MaxLinear reported a 190 percent spike in Q1 revenue to $102.7 million. Multichannel News story

> DirecTV and Viva Pictures will release the Jackie Chan animated movie Monkey King: Hero is Back on DirecTV Cinema, before the film hits U.S. theaters. Multichannel News story

> Gray Television reported record first-quarter revenue of $173.7 million, up 30 percent year-over-year, based primarily on growth in broadcast retransmission fees. TV News Check story

> A California judge dismissed a case questioning the mental competency of longtime Viacom mastermind Sumner Redstone. CNET story

Telecom News

> Sprint has launched a new wireline business unit to provide a set of IP-based services to global business customers, illustrating its dedication to the industry segment. Article

> FiberLight is on the network buildout train again, conducting an expansion in Texas that will connect areas near the Mexican border to major cities including Houston, San Antonio and Dallas. Article

Wireless News

> SoftBank founder Masayoshi Son credited Sprint's dramatic budget cuts as helping raise SoftBank's operating profit by 8.8 percent in its recently completed fiscal year. But doubts about the U.S. carrier's ability to weather a brutal financial storm linger. Article

> Nokia's first-quarter earnings fell short of expectations due partly to decreased demand for its network gear, and the company said slowing sales in China will weigh down revenues during the rest of the year. Article

And finally… Comcast paid $490 million this year to unwind obligations under life insurance policies tied to late company founder Ralph Roberts and his wife Suzanne. Insurance Journal story

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