Business
Springer, eventIS combine VOD
The combination of both systems gives advertisers the opportunity to leverage the advertising ecosystem by addressing VOD users and customers with targeted real-time advertisements. Operators are thus enabled to generate new and additional revenue streams from their existing Video on Demand offerings – while digital subscribers enjoy a pure VOD entertainment experience, combined with contextually […]
Graham for Harmonic EMEA role
Glen Sakata, who successfully led Harmonic’s EMEA reorganization for the past two years, has been named Vice President of Sales for the Americas, with responsibility for North America broadcast, satellite and telco sales, as well as Latin America sales across all market segments. In addition, Jim Marino was recently promoted to Vice President of Sales […]
Gilat deal in danger
Unless a deal is struck Gilat's board of directors will meet this weekend to decide whether to continue negotiations or sue the investors who agreed to take the company private for $475m, or $11.40 per share. If Gilat opts to go to court, as many other spurned takeover targets have in the past year, it […]
TiVo: rare profit
Revenue climbed 4% to $65.2 million, though that disappointed some analysts expecting a bigger gain. Significantly-lower marketing costs compared to a year ago helped boost profits. The company had 1.7 million TiVo-owned subscriptions at the end of the quarter, which declined slightly. But TiVo is looking for a boost from deals with multichannel platforms. TiVo's […]
Technetix acquires Dalvi assets
Paul Broadhurst, CEO of Technetix Group, said, “We are delighted with this development as Technetix and Dalvi Technology have very complimentary skills. The Dalvi Technology assets will add a number of additional key services to our well established offering of engineering, integration and supply chain services covering all the technologies in broadband cable networks. This […]
Mackenzie for MyVideoRights
Ashley Mackenzie says the company will aggregate videos and the rights to commercially exploit them, then syndicate them to what he says is a growing appetite for web video amongst small- and medium-sized destinations, like magazine websites. The focus is on short-form clips and MyVideoRights will handle all the video encoding chores on behalf of […]
NDS goes private with News Corp and Permira
News Corp is effectively selling around half its stake in the business to Permira as part of a complex deal. News Corp currently owns 72 per cent of NDS’s equity, controlling 96 per cent of the voting rights. Under the terms of the deal, which values NDS’s equity at $63 a share, News Corp will […]