Netflix Q2 OK, but Q3 forecast clobbers stock; Global video-on-demand revenues to top $5.7B by 2016

More news from Fierce:

> Netflix mailed in a solid second quarter in terms of subscriber growth and profit, but it missed the revenue mark Wall Street expected by enough to send the stock down 10 percent. Article

> Revenue from on-demand movies and TV programs globally will increase 58 percent to $5.7 billion in 2016, up from $3.6 billion in 2010, according to a new report. Article

> AT&T reported higher revenues (but slimmer profits) and continued growth in its U-verse TV subscriber rate in the second quarter. Article

> A new study says watching 3D television causes more eyestrain than watching traditional TV. The study, funded by Korean CE manufacturer Samsung, said test subjects also reported more fatigue and a Article

> Baby steps, baby steps. Approximately 100,000 DirecTV households will become part of Nielsen's local TV ratings after the media tracker reached a deal with Kantar Media to collect viewing data from Article

> Verizon kept the FiOS fires burning in a solid second quarter, with the telco adding a net 184,000 TV and 189,000 Internet subscribers. FiOS video, data and voice services generated $2.03 billion in the three months ending June 30, up 20.7 percent year-over-year, and now account for 57 percent of consumer revenue, up from 48 percent a year ago. Verizon now counts 3.85 million video customers, holding its spot as the nation's seventh-biggest pay-TV provider. Article

> Verizon has executed its long-planned succession strategy, naming COO Lowell McAdam its chief executive. McAdam will oversee the company's wireline and wireless operations starting Aug. 1. Ivan Seidenberg will step down as CEO but maintain his post as chairman of the telco. Article

> About 60 percent of American households with connected TVs use TV apps at least once a week, a new study contends. And, although Netflix and YouTube currently dominate the space, users will increasingly turn to apps from competitors as they gather traction in the market. Article

> Much has been made about Netflix and its potential integration with social networking giant Facebook, but it's not something U.S. subscribers to either service are likely to see soon. Article

> Some 100,000 DirecTV households will become part of Nielsen's local TV ratings after the media tracker reached a deal with Kantar Media to collect viewing data from DirecTV set-top boxes in a number of markets. Article

> Momentum announced the addition of the Caller ID on TV feature to its product line with Interactive TV applications for Tier 2 and Tier 3 operators from the NCTC Independent show. Beginning in August, this service will be available to all Momentum partners that support two-way communications. Release

And finally... Continuing our occasional series on Social Darwinism in Action, a California man is resting comfortably in an area hospital after he tried to fix his own hernia, performing the surgery with a butter knife. Article

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