News of Note—CableLabs, Netflix, Hulu, Verizon and more

News of note

> CableLabs founder Richard Leghorn passed away, just three weeks shy of his 99th birthday. CapeNews story

> A new Phenix study found that 42% of adult consumers will only commit to spending a maximum of $20 a month on streaming services. Multichannel News story

> Netflix, Hulu and Amazon Prime Video are expected to triple their combined investments in originals by 2022, dropping $10 billion annually, according to The Diffusion Group. FierceVideo story

> Meredith’s board has appointed current COO Tom Harty as the company’s new CEO, beginning Feb. 1, 2018. Current CEO Steve Lacy will shift into the role of executive chairman. FierceVideo story

> Verizon made it official that when it begins its large-scale NG-PON2 deployment during the first quarter this year, Calix will be one of its main suppliers behind that effort. FierceTelecom story

> Analyst firm Dell’Oro Group published its new forecast for the mobile radio access network market that predicts a positive five-year compound annual growth rate—the first time the firm has predicted a rise in that metric in the past seven years. FierceWireless story

Suggested Articles

NCTC and Imagine Communications are working together on ad tech for broadcasters, content owners, MVPDs and virtual MVPDs.

Thanks to some recent data drops from Google and Disney, the scope of the virtual MVPD market in the U.S. is coming into sharper focus.

Sinclair’s new regional sports network with exclusive TV access to the Chicago Cubs has slid into a distribution deal with Hulu + Live TV.