SeaChange, the video software and services specialist, has revealed it will cut 10 per cent of its global work force as part of an effort to streamline operations that will result in annualised cost savings of around $11 million when completed. SeaChange said it implemented the workforce reduction in the US and, in order to comply […]
The deployment of FTTH networks is breaking records in Spain with a growth of 151.7 per cent in connections year-on-year. The latest figures from the competition regulator CNMC reveals that in November FTTH connections increased by 108,797 lines, up 151.7 per cent, to reach a total of 1.45 million. FTTH already represents 11 per cent […]
Sony Pictures Digital Productions, which looks after Sony’s 4K post-production Colorworks unit, is selling the division to rival DeLuxe. Colorworks is a 14,000 sq ft Stage 6 facility based in Sony’s giant Culver City studio complex. Terms of the deal, which closed February 1st, were not revealed. Sony’s Colorworks has been extremely busy remastering many […]
The past few years have not been kind to the world’s ‘Big 3’ satellite operators (Intelsat, SES and Eutelsat) because of severe cutbacks by the US government on satellite spending. The US has trimmed its spend (sequestration), in particular on the amount being spent on commercial satellites. However, President Barrack Obama, in his new budget […]
Some might call the move shrewd, and others might suggest it’s crafty, but the Federal Communications Commission (FCC) is asking that its chairman Tom Wheeler rule on whether Dish Network is entitled to claim a $3 billion discount in its final bids last week totalling $13.3 billion in the FCC’s wireless AWS-3 spectrum auction. Any […]
A new Saudi Arabian pan-Arab news channel has stopped scheduled broadcasting less than 24 hours after going on air from studios in Bahrain. Alarab TV, owned by billionaire Saudi businessman Prince Alwaleed bin Talal, launched with the promise of politically independent news coverage. Alarab said it had stopped for “technical and administrative reasons”. The channel […]
US media company Nexstar has acquired 100 per cent of the stock of Yashi, an online VoD platform with location-focused technology for $33 million in a transaction that is expected to be accretive to 2015 results. Yashi’s proprietary platform delivers a one-stop digital advertising solution that integrates geographic, demographic, and other data-driven targeting tools with […]
The International Tennis Federation and global sports channels network beIN SPORTS have announced a strategic media rights partnership for Davis Cup by BNP Paribas and Fed Cup by BNP Paribas. The seven-year agreement, signed this week by ITF President Francesco Ricci Bitti and the CEO of beIN MEDIA GROUP Nasser Al-Khelaifi, commences in 2015 and […]
Russia will orbit three new Express-class communication satellites this year. State-owned Russian Satellite Communications Co (RSCC) deputy CEO Yevgeniy Buydinov told news agency TASS that the first, Express-AM7 (to 40 degrees East) would launch in mid-March. The second, Express-AM8 (14 degrees West) a couple of weeks later, and the third Express-AMU1 (to 36 degrees East) […]
Australia’s National Broadband Network (NBN), which supplies terrestrial and broadband-by-satellite to Australia, is having to postpone the launch of its latest satellite because Arianespace cannot secure a launch partner for the craft. NBN’s satellite director Matt Dawson has reportedly written to staff saying that the delay will mean the launch date slipping to the end […]