This week, ARRIS’s Q3 earnings were reported by numerous outlets. In particular, FierceCable noted that overall Q3 success was driven by strong broadband and accessory unit, video set-top and cable modem termination systems sales.
Separately, Rapid TV News covered a recent Infonetics Research report that found that global set-top revenue increased by 4% sequentially in the second quarter of 2014. The report also found that ARRIS remains the worldwide STB market share leader, gaining nearly two share percentage points in sequential quarters.
In other industry news, Advanced Television highlighted a report from Digital TV Research that found that TV Everywhere is set to take off over the next five years, particularly in the Asia-Pacific region.
A study by The Diffusion Group was covered by several outlets this week, including Multichannel News. The study noted an increase in the trend toward cord-cutting, with 14% of adult broadband subscribers not taking a traditional pay-TV service, up from 9% in 2011.
Finally, Ars Technica noted that the demand for broadband is driving state and local governments to partner with technologists to provide citizens with better Internet access.
Check back next week for the latest industry news.
Arris reports 32 percent revenue spike to $1.4B (Oct. 29) By Daniel Frankel, FierceCable: Technology company Arris posted 32 percent growth in year-over-year revenue to $1.4 billion in the third quarter, resulting in a profit of $54.6 million and earnings per share of 81 cents that beat analysts' forecast of 72 cents.
Global Q2 STB revenue outlook a mixed affair (Oct. 27) By Michelle Clancy, Rapid TV News: The boxless living room appears to be some way off: globally, set-top box (STB) revenue — including IP, cable, satellite and DTT STBs and OTT media servers — was up 4% sequentially in the second quarter of 2014, to $4.8 billion, according to Infonetics Research.
APAC to lead multiscreen boom (Oct. 29) By Staff, Advanced Television: People will watch TV and video content on more and more devices as TV Everywhere takes off. For the 51 countries covered in Digital TV Research’s Multiscreen TV & Video Forecasts report, the gross number of viewers will climb from 5.60 billion in 2010 to 11.32 billion by 2020.
14% of Broadband Homes Don't Take Pay-TV: Study (Oct. 28) By Jeff Baumgartner, Multichannel News: About 14% of adult broadband subscribers don’t take a traditional pay-TV service, up from 9% in 2011, The Diffusion Group found in a new report, Pay-TV Refugees, 2014, which includes a look at what's driving the cord-cutting trend and the potential appeal of new and emerging direct-to-consumer streaming video services.
Fed up, US cities take steps to build better broadband (Oct. 27) By Jon Brodkin, Ars Technica: State and local governments aren't typically known for leading the way on technology. Remember that West Virginia library that uses a $20,000 router for a building the size of a trailer? But all that’s changing fast, at least at the municipal level—and the demand for broadband is what's driving this shift.