In a move it says will expand and strengthen the breadth of existing patent portfolio and further improve the performance of its PERSEUS-based solutions, video compression solutions provider V-Nova, has completed its first acquisition, by purchasing the full global patent portfolio of video imaging specialist Faroudja Enterprises for an undisclosed sum. Faroudja Enterprises was founded […]
Digi-Capital’s Augmented/Virtual Reality Report and deals database recorded VCs and corporate investors pouring $2.3 billion (€2.1bn) into VR/AR startups last year, or over 3 times the $700+ million invested in 2015. 300 per cent investment growth in 12 months is impressive in any sector, let alone such an early stage market. AR hardware player Magic […]
US viewers could start having access to Ultra-HD via the proposed ATSC 3.0 broadcasting standard by the end of this year. The Federal Communications Commission (FCC) is planning to vote on February 23rd on whether to permit broadcasters to adopt the new TV standard on a voluntary basis, and thus kick-start innovation in the industry, […]
Russian Satellite Communications Co (RSCC), which works closely with Paris-based Eutelsat, has reported a 50 per cent increase in revenues for last year. Revenues were helped by a favourable ruling last year by a Paris court that commercial deals between RSCC and Eutelsat were valid and could not be part of any compensation claims made […]
The Irish Post has acquired the digital and intellectual property assets of Irish TV from the liquidator – fuelling the possibility of a relaunch for the defunct channel. The London-based newspaper is buying the business name, databases, website domains, social media and video content library of the liquidated TV channel. The newspaper said it wished […]
Facebook’s VR business Oculus has been ordered by a court to pay $500 million (€462.4m) to video game maker ZeniMax. The verdict, in a Texas district court, ruled that Oculus co-founder Palmer Luckey had failed to comply with a non-disclosure agreement signed with ZeniMax in 2012. Nonetheless, the jury decided that Oculus had not misappropriated […]
The BBC has performed well in collecting the licence fee, having increased the amount of revenue it collects, reduced collection costs and improved its reputation overall. It has, however, performed less well in reducing evasion, according to the National Audit Office (NAO), which it estimates cost the Corporation between £251 million (€294m) and £291 million […]
The rapid take-up of FTTH along with the success of new TV services like HBO and Netflix have seen Vodafone significantly increase its subscriber basis in the last quarter of 206. The company captured 115,000 new FTTH customers reaching a total of 2.2 million of users with the highest Internet speed. At the end of […]
Global performance management company Nielsen has completed its $560 million (€539.5m) acquisition of media and entertainment metadata provider Gracenote from the Tribune Media Company. The acquisition of Gracenote’s global database and technology solutions – which span across platforms including multichannel video programming distributors (MVPDs), smart televisions, streaming music services, connected devices, media players and in-car […]
In a deal that it says strengthens its position as market leader in media monitoring in Ireland, media intelligence specialist Kantar Media has acquired multi-channel media monitoring provider Newsaccess. With the acquisition, Kantar Media enhances its reputation, PR monitoring and evaluation capabilities, bringing to clients an expanding set of insights and expertise into earned media. […]