Netflix severs relationship with Starz; TechCrunch's Michael Arringon to launch VC fund

Wireline industry news from across the Web:

@FierceTelecom RT @CNET: AT&T aims to appease the DOJ to get T-Mobile deal back on track. Story | Follow @FierceTelecom

> Netflix customers who want to stream newer movies over their gaming devices and PCs may need to look to another source as pay-TV channel Starz is severing its relationship with the movie rental company. Article

> Thirty-year telecom veteran Paul Millbury joins Accedian Networks' board of directors. Release

> New research from Gartner argues that the social customer relationship management (CRM) market will produce more than $1 billion in revenue by the end of 2012. Article

> As the Colombian government reduces its stake in wireline operator Colombia Telecomunicaciones (Telefonica-Telecom) it could pave the way for a merger to take place between Telecom and Telefonica's mobile unit Movistar. Article

> Charter completed its acquisition of US Cable, a cable operator serving 16,000 customers in Missouri. Article

> Cbeyond's Cloud PBX solution helps Atlanta-based on-demand marketing automation software provider Pardot focus on core business initiatives and save telecom service costs. Release

> SRT Communications turns to Zhone Technologies' MXK multi-service access node (MSAN) as a key tool during the recent June 2011 flood that affected residents in Minot, N.D. Release

> France Telecom took another step forward in its move to expand outside of Europe as the Democratic Republic of Congo (DRC) confirmed that the service provider is the only bidder for its 49 percent stake in Congo China Telecom (CCT). Article

And finally ... Michael Arringon, the former editor of TechCrunch, has created a new venture capital fund to provide money to new technology startups. Article

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