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