LED-backlit TVs and smart TVs that allow consumers to browse and view shows directly from the Internet have replaced 3D TV as the “must have” features driving television purchases in 2011, according to IC Insights’ Integrated Circuit Market Drivers report. In 2011, LED-backlit TVs are expected to account for an estimated 37 per cent of […]
The White House has warned that President Obama would veto a resolution introduced in the Senate that seeks to overturn “net neutrality” rules aimed at ensuring an open Internet. The House of Representatives approved a Republican resolution in April that seeks to block the rules approved in December last year by the Federal Communications Commission […]
The worldwide satellite STB market has experienced slow to negative growth in recent years as both the number of subscribers and the conversion from SD to HD has impacted the market. That trend is about to change as In-Stat research forecasts that digital satellite STB unit shipments will grow by nearly 14 per cent in […]
Italy’s Mediaset expects that the 2011 operating loss at its pay-TV unit, Mediaset Premium, will amount to approximately €50 million and not €30 million as previously estimated. Speaking at the presentation of the results of the first nine months of 2011, Mediaset CFO Marco Giordano stressed it will be difficult to achieve break-even in 2012 […]
Anglo-French electrical goods retailer Kesa has sold the UK-based Comet stores to a private equity firm for just £2 and will hand over a dowry of £50 million and keep the liability of the existing pension scheme. The buyer is a group of companies under the name “Hailey” advised by retailer turnaround specialists OpCapita. Kesa […]
Adobe Systems is cutting 750 jobs, while reports say it is halting development of its Flash Player plug-in for mobile devices. The firm said the job cuts were being made in Europe and North America and represented more than 7 per cent of the company’s workforce. The Flash mobile plug-in works on Android devices and […]
GIA (Global Industry Analysts) says the market for mobile video services is projected to reach $30 billion by 2017, primarily driven by factors such as continued deployment of high-speed mobile networks, increasing availability of sophisticated mobile phones that enable users to download and play videos, introduction of economical data plans by service providers and growing […]
RTL has reported that Q3 revenue rose 6.6 per cent year on year in the third quarter to €1.24 billion thanks to a boost in TV ad sales in Germany, France and the Netherlands and growth at FremantleMedia. Earnings before interest, tax and amortisation rose 8.3 per cent year on year to €144 million. The […]
Microsoft, AOL and Yahoo have announced agreements that they hope will dramatically improve the process of buying and selling premium online display ads. The agreements will allow ad networks operated by Yahoo, Microsoft and AOL to offer each other’s premium non-reserved online display inventory to their respective advertising customers. While agencies and advertisers can continue […]
IPTV delivery solutions specialist Minerva Networks has enhanced its ability to deploy TV services across multiple networks and devices with the acquisition of privately-held TVBLOB. Headquartered in Milan, Italy, TVBLOB develops software products for the delivery of entertainment services on consumer electronics devices combining legacy television with Internet media sources. The company has successfully deployed […]