LG Electronics, the world’s second-largest television maker by sales, returned to profit in the first quarter as higher sales of premium televisions improved its profit margins. The company swung to a net profit of Won242.5 billion ($213m) in the January-March period, from a Won15.8 billion net loss a year earlier. Operating profit more than trebled […]
AOL has launched AOL On, a platform of AOL’s complete video offerings and a curated video hub for consumers that offers premium video across 14 content channels including food, business, entertainment, style, tech, travel, health and others, reaching an audience of 57 million US consumers. The launch of the AOL On Network brings AOL’s entire […]
MPAA Chairman and CEO Chris Dodd, addressing CinemaCon 2012 – The Official Convention of The National Association of Theatre Owners (NATO) in Las Vegas – has underscored the importance of protecting creative content, and emphasised that all parties, in both the creative and tech communities, must work together to find a shared solution. He also […]
The UK’s Industry Trust for IP Awareness has launched the first Xbox advertising campaign with Microsoft Advertising and media planning and buying specialist Carat to promote the pro-copyright ‘Moments Worth Paying For’ campaign. Featured on an Xbox branded destination experience (BDE) – the Xbox equivalent of a microsite – the campaign encourages users to watch […]
Acentic, a supplier of broadband systems and digital interactive TV (iTV) for the hotel industry, has launched its Panorama SMART solution integrating its Smart IPTV system and the smart LED TVs from LG. The solution leverages all services and functionality of Panorama but eliminates the need for set-top boxes hence reduces hardware and cabling reducing […]
An Apple TV set has the potential to be a huge hit with consumers, according to the findings of a new research report. Strategic marketing and research consultancy KAE and online polls specialist Toluna, have teamed up to release a major new study illustrating how large manufacturers could lose out if Apple launches a physical […]
Delivering the annual NAB State of the Industry address as the 2012 NAB Show got under way, NAB President and CEO Gordon Smith warned that while there had been success on two major issues facing broadcasters, the industry should never rest on its laurels. “Working in unity – small and large market stations – networks […]
With its TV division losing out to competitors such as Apple, LG and Samsung, Sony is turning to the secondary device market to restore its fortunes. Sony Computer Entertainment is launching ‘nasne’, a new networked recorder and media storage device with built- in 500GB hard disk drive (HDD) and digital terrestrial and satellite broadcast tuners. […]
UK independent online entertainment retailer ShopTo.net has acquired VoD streaming service FetchTV. The acquisition is subject to customary closing conditions and is expected to close in May 2012. FetchTV brings SmartBox set-top box technology and the FetchTV streaming and movies on demand expertise. FetchTV boxes are sold by the likes of Tesco, Currys and PC […]
LG Electronics (LG) has agreed a partnership with UK-based digital sports media company Perform, provider of LIVESPORT.TV, an application that will deliver thousands of hours of live and on demand sports content to LG’s CINEMA 3D Smart TV. “This marks a significant partnership for LG,” said Havis Kwon, President and CEO of LG Home Entertainment […]