Netflix has become such a powerful programming force, MVPDs are now using it to market their wares instead of their own programming bundles. That's the compelling thesis of a Monday BTIG Research blog post from analyst Richard Greenfield, who takes aim at a new Verizon FiOS promotion that puts Netflix at the heart of a triple-play service offering.
Verizon may have continued to add more FiOS Internet and video customers in the third quarter, but those gains were lower than what it reported in the same period a year ago, illustrating that it is continuing to reach the upper limits of penetration in its existing 13-state region. FierceTelecom 's Sean Buckley has an expansive look at the market dynamics Verizon now faces here.
FairPoint Communications' executives will soon begin contingency plans in their northern New England region so they can maintain customer service as their union employees continue with their strike.
Verizon Communications plans to increase the price of its FiOS Video service in the fourth quarter to offset the hike in content licensing fees that will go into effect Jan. 1, said a top executive today. Speaking to investors during Verizon's third quarter earnings call, company EVP and CFO Fran Shammo said that the FiOS Video price hike is something the company did in fourth quarter 2013 and it will do again in 2014.
Verizon reported that third-quarter consumer wireline results rose 4.5 percent to $3.9 billion, with FiOS revenues representing 76 percent of the total wireline revenues.
CenturyLink continues to aggressively chase the cloud and use the resources it gained when it acquired Tier 3.
CenturyLink is seeking to shut down its legacy Frame Relay and ATM services in both its Embarq and CenturyTel affiliate regions, reflecting the service provider industry's ongoing shift to IP-based Ethernet business services. It filed a similar application for its Qwest affiliate last year.
The acrimonious interconnection feud between Netflix and Verizon seems to have settled into speedy and harmonious performance.
Verizon FiOS has redeemed itself on Netflix's ISP Speed Index, jumping from the No. 10 spot to the top spot with an average speed of 3.17 Mbps.
How could Redbox Instant, an SVOD service with such promise--a successful nationwide video rental franchise backed by a $63 million upfront investment from Outerwall along with Verizon's massive network and marketing machine--fail so badly? In her latest FierceOnlineVideo column, Samantha Bookman retraces the steps on what led to the floundering of one of the most powerful brands in the home entertainment business. You can read it here.