Broadband technology specialist ARRIS Group and digital video networking solutions provider BigBand Networks have entered into a definitive agreement whereby ARRIS will acquire BigBand Networks for a purchase price of $2.24 per share in cash. This equates to a diluted equity value of approximately $172 million, or $53 million net of estimated BigBand cash on […]
Sainsbury’s is spending £1 million (€1.15m) to buy Global Media Vault, a white-label digital entertainment distribution vendor, to power its launch in to online content retailing. The UK supermarket says the acquisition will be used to add digital content to Sainsbury’s Entertainment, the site it launched in November 2010 to sell CDs, DVDs and books. […]
Another influential investor advocate – ISS, whose 1,700 clients include pension funds, trade union funds and asset managers – has joined the call for Murdochs to be rejected in the upcoming AGM. ISS wants no less than 13 of the 15 directors to be rejected. It said the phone hacking scandal had “laid bare a […]
Movie studios, which in the past have engaged in half-hearted tests of premium video-on-demand (PVOD), ought instead to embrace it as both a potential driver of profits and a hedge against piracy, according to BTIG media analyst Richard Greenfield. PVOD allows viewers to rent movies from pay TV operators at a premium price while they […]
Hartmut Ostrowski, the chief executive of Bertelsmann, owner of RTL, is to stand down as chairman and chief executive. Ostrowski, who first joined the German company in 1982, will be replaced by long-serving chief financial officer Thomas Rabe on 1 January. The company, which also owns magazine publisher Gruner + Jahr and music joint venture […]
comScore has released the report analysing how cross-platform consumption has created a vastly different landscape as US consumers utilise a growing number of devices to consume digital content. The report also analyses the impact these shifting consumption habits have on online visitation and engagement across the Internet. “The popularisation of smartphones and the introduction of […]
Sony will not exit its TV manufacturing business despite huge losses. Sony Corp, in a statement October 11th, said it had no major announcements about restructuring its TV business. Sony’s TV manufacturing division has lost money for eight straight years in a row, not helped by dramatic exchange rate fluctuations and the slide of the […]
Blip.tv, one of the Internet’s largest independently owned and operated video properties, has published the results of a study focusing on original web video. Blip.tv commissioned the study with Dynamic Logic, a specialist in digital insights, to offer key insights into how, when and where Blip.tv audiences are watching online video. According to Dynamic Logic, […]
Sling Media, a wholly owned subsidiary of EchoStar, has confirmed the availability of SlingPlayer for tablets running versions 3.0 or later of the Android operating system. Available for purchase on the Android Market, the application lets Slingbox owners extend their living room TV experience to their tablets and takes advantage of the higher screen resolutions […]
A band of solution providers aiming to enable monetisation of Over-the-Top (OTT) video have announced the launch of CONNEXUS, a new and disruptive ecosystem and architecture aimed at enabling service providers, content providers and advertisers to become part of a connected value chain to deliver high-quality monetised video to subscribers in a multi-screen mobile and […]