Ratings agency Moody’s has cut the credit rating of electronics giant Sony to ‘Junk’ status. The reason, says Moody’s, is that it expects earnings from Sony’s core electronics businesses to continue to face “significant” downward pressure and suffer “intense” global competition especially in its TV and computer divisions. Sony has already trimmed (in October 2013) […]
Internet TV streaming service FilmOn X has received a further setback to its plans to roll out its technology following the decision of an appellate panel that it would not rule on the company’s request to lift an injunction against it until after the Supreme Court decides on the legality of market counterpart Aereo. The […]
LG Electronics has announced consolidated revenues of KRW 58.14 trillion ($53.10 billion) and net profit of KRW 222.70 billion for full-year 2013, marking an improvement over 2012 results. Operating profits for the Korean-based manufacturerer increased modestly in 2013 to KRW 1.28 trillion from KRW 1.22 trillion in full-year 2012. The LG Home Entertainment Company reported […]
The Barclays Employers Survey 2014, which questioned 684 UK businesses across all sectors, has revealed that 53 per cent of firms in the media industry will be increasing staffing levels this year (2013: 56 per cent), which is above the national cross sector average (49 per cent). The same survey has also revealed that over […]
GS Group, the multi-industry high-tech holding of Russian origin, has published research into Pakistani pay-TV market. The results show high demand for quality digital TV both among mass and elite sectors of the country’s market. At the same time it unveiled the major problems influencing the quality of TV services. According to the data
Amino Technologies, the Cambridge-based specilaist in digital entertainment solutions for IPTV, OTT and in-home multimedia distribution, announces audited results for the year ended November 30th 2013. Amino said the results demonstrate further successful delivery with strong growth in profits and cash driven by demand for the company’s higher margin products. Financial results: – Operating profit […]
The École de la Cité is a film school that offers free directing and screenwriting courses to young and passionate people. Arkena, a TDF Group subsidiary, will provide the school teachers and students with its Online Video Platform (OVP) service. This business-oriented platform is a service for uploading, managing and sharing video content. Through the […]
Amazon’s LOVEFiLM has bolstered its selection of kid’s content with the addition of iconic TV shows such as Thomas & Friends, Fireman Sam and Where’s Wally to the service, whilst retaining the streaming rights for other classic characters such as He-Man and Postman Pat. Made possible through three new deals with independent children’s entertainment producers […]
History has launched in the Ukraine via DTH platform Lybid, and has increased distribution in Russia with its launch on Beeline. History and History HD are also now available in Russia on Rostelecom and NTV+. “We’re thrilled to have broken new ground in the Ukraine through our partnership with Lybid, and are looking forward to […]
Beachfront Media, the video technology company, has unveiled its next-generation video ad mediation platform for TV apps. With Beachfront.iO, video publishers and developers who have created TV apps can now monetise them and mediate all of their video ad networks, trading desks, and direct campaigns using Beachfront.iO. With Beachfront.iO, publishers and app developers can use […]