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

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceVideo!

The Video industry is an ever-changing world where big ideas come along daily. Cable, Media and Entertainment, Telco, and Tech companies rely on FierceVideo for the latest news, trends, and analysis on video creation and distribution, OTT delivery technologies, content licensing, and advertising strategies. Sign up today to get news and updates delivered to your inbox and read on the go.

> 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

When Charter and Disney earlier this week announced their new carriage agreement, they included news about cooperatively working against video piracy, which…

Cord cutters who opt for streaming video services instead of traditional pay TV will inevitably increase their broadband consumption. But some new research…

A cord-cutting catastrophe struck the U.S. pay TV industry in the second quarter and took a collective 1.53 million subscribers with it. Or maybe not, but it’s…