US movie rental vending machine company Redbox has confirmed that it will offer streaming movies over the Internet in 2011. CEO of parent company Coinstar, Paul Davis revealed a strategic plan to offer online video services, while still focusing on Redbox’s primary revenue driver, kiosk movie rentals.
Inview Technology, a supplier of royalty free EPGs, and On Demand Group have signed an agreement to launch video streaming on the Neelix platform allowing viewers access to a huge on demand video library. On Demand Video streaming will sit within the Neelix application bar which allows access to a range of Internet content including […]
The merger between Spain’s largest private TV channel Mediaset-controlled Telecinco and Cuatro is closer following the approval of the by the competition watchdog CNC with several conditions. Tele 5 will be barred from selling advertising from the partners’ two main channels (Tele 5 and Cuatro) in one package that makes up more than 22 per […]
Cable Europe has confirmed the appointment of Peter Percosan, as Managing Director to oversee the pan-European operation of Cable Europe Labs (CEL). The position will have direct management responsibility for the technology development and coordination throughout CEL. Percosan will succeed Malcolm Taylor who successfully served the association for many years, and who will remain as […]
Microsoft has announced a 51 per cent rise in first-quarter profit on higher sales of its Windows and Office software. Net profit for the three months to September came in at $5.4 billion. Revenues increased by 25 per cent to $16.2 billion – a record for the first quarter. Microsoft said that in the same […]
YouTube co-founder, Chad Hurley, is stepping aside as chief executive and taking an advisory role. Hurley, who launched YouTube in February 2005 with Steve Chen and Jawed Karim, said he was moving to the role of adviser and had handed over to Salar Kamangar, the former vice president of web applications at parent company Google. […]
After 16 months working – barely – under Chapter 11 bankruptcy protection, Sea Launch is now free to operate as a conventional business once again. A statement from the company says it plans to start launching satellites again next year. “We are thrilled to have successfully emerged from Chapter 11 with a solid financial structure […]
The television sector in Western Europe is in transition at the moment, according to a report from Informa, as analogue terrestrial TV is expected to become extinct in the region in 2013 and IPTV will continue to gain subscribers over the next five years. Cable is still the biggest pay-TV platform in Western Europe, according […]
Bridge Technologies has been honoured as one of the Deloitte Technology Fast 50 with a rank of 29. “Following on from our initial listing in Deloitte’s Fast 50 for 2009, this second year of recognition reflects continuing strong performance in a dynamic market sector,” said Simen K. Frostad, chairman, Bridge Technologies. “Most technology businesses today […]
Despite having declared the launch of its W3B satellite “a success”, satellite operator Eutelsat Communications has subsequently confirmed the loss of the W3B satellite following an anomaly which was detected on the satellite’s propulsion subsystem after its launch by an Ariane 5 rocket. W3B was scheduled to be located at 16° East to replace Eutelsat’s […]