The battle between the video giants -- one cable, one streaming -- moves from the screen to the fiber.
In a press release today, Level 3 laid out the issue at hand. Comcast (CMCSK) made Level 3 "an offer it couldn't refuse." Either pay up or Comcast would block its services.
"On November 19, 2010, Comcast informed Level 3 that, for the first time, it will demand a recurring fee from Level 3 to MORESeth Weintraub - Nov 30, 2010 1:48 AM ET
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.Comcast lost 275,000 basic cable subscribers during the company's third quarter, attributing the loss to the economy, the housing crunch and competition. Despite that, the company reported third quarter revenues of $5.91 billion, up 7% from a year MORE JP Mangalindan, Writer - Oct 28, 2010 6:00 AM ET
As cable companies take on Netflix and Hulu with TV Everywhere, they'd do well to remember that where video content is concerned, a polished interface is part of the package, and the main area where they've been beat.
At a time when more than 21 million people now regularly stream film or television content from services like Netflix Instant and Hulu, cable companies still think they have the consumer by the eyeballs, MOREJP Mangalindan, Writer - Oct 14, 2010 3:29 PM ET
The Masters golf tournament in Augusta, GA, is one of the hottest tickets in sports. Unless you know someone on the inside, plan on paying thousands for entry onto the hallowed grounds.
Or, you could spend that money on a 3D-ready television and let Augusta National's famous azaleas and manicured fairways come to you. Starting today, 3D coverage of the tournament will be broadcast live on Comcast (CMCSA), which is also MOREJessica Shambora, Writer-Reporter - Apr 8, 2010 10:15 AM ET
By David A. Kaplan, contributor
A federal appeals court sided with Comcast, saying the FCC overstepped its bounds in enforcing net neutrality. But the real slap is on Congress.
In an important decision already being attacked by supporters of "net neutrality," the court ruled that the FCC lacked the power to force Comcast (CMCSA) to treat all traffic equally on its broadband network. Thus, Comcast—and other telecom and cable companies—are MOREApr 6, 2010 8:31 PM ET
In the battle over home video distribution, the Hollywood studios may finally be realizing they have to give up some control, or risk losing millions.
Earlier this month, Disney (DIS) announced that it is renewing its licensing agreement with Starz Entertainment, giving the premium movie provider behind the Starz and Encore movie channels exclusive pay-TV rights to show content from Walt Disney Studios.
But this deal was a little different than MOREJessica Shambora, Writer-Reporter - Mar 21, 2010 11:16 PM ET
By Paul Smalera, contributor
Google's recent push to provide ultra-high-speed Internet is more about injecting competition in the dysfunctional Internet business than about creating a new revenue stream.
It's the 21st century equivalent of the Oklahoma land rush: Just days after Google announced it was seeking some trial areas in which to deploy its new ultra-high-speed fiber network, cities and towns began throwing themselves at the Internet giant. And why shouldn't they? MOREMar 1, 2010 9:51 AM ET
CBS and Disney may join Apple's $30 per month TV service, says the Wall St. Journal
This could be totally disruptive. Or it could be another "hobby" like Apple TV that never quite takes off.
In a front-page story published Tuesday, the Wall Street Journal reported that CBS (CBS) and Disney (DIS) are "considering participating" in Apple's (AAPL) plan to offer television subscriptions over the Internet.
It was the first hint of interest MOREPhilip Elmer-DeWitt - Dec 22, 2009 8:21 AM ET
Is the NBCU-Comcast deal really about a new business model for cable?
By Tom MacIsaac, CEO, ExtendMedia
That cracking sound you hear is the walls of the clubby world of cable beginning to crumble. Everything in the media world -- especially the world of media distribution --has changed as a result of Comcast (CMCSA) taking control of GE's (GE) NBCUniversal.
Many people think this is a deal to preserve the status quo MOREDec 11, 2009 9:00 AM ET
Only if industry players successfully balance content, customer experience and revenue models
By Tom MacIsaac, CEO, ExtendMedia
Add this to the list of things the Internet has changed: Your cable or satellite company now wants to let you, as a subscriber, watch the content you've paid for on any device you want, any time you want.
The cable crowd has little choice: consumers are accustomed to time shifting their television viewing MORENov 12, 2009 9:30 AM ET
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