AT&T has formed a $500 million joint venture with Chernin Group to acquire, invest in and launch a video streaming service. The Chernin Group will bring assets to the venture, including the contribution of its majority stake in Crunchyroll, a subscription VoD service. Chernin, the vehicle of former top News Corp man Peter Chernin, says: […]
Beijing-based digital video and IPTV system provider Sumavision has signed an agreement with Hunan Cable TV Network Group, a subsidiary of Hunan TV & Broadcast Intermediary, that will see the two companies jointly operate Internet TV services as well as cooperate on distribution of smart terminals and development and marketing of smart home gateways and […]
Piksel, a global provider of video monetisation software and services, has agreed a partnership with J-Stream, Japan’s largest content delivery network, to become an official reseller of the Piksel Video Platform and white-label it as J-Stream MediaLize. “We are pleased to formalise our partnership with J-Stream and assist them in launching MediaLize. There’s no question […]
Although the Philips brand will continue to appear on TV sets, Royal Philips has agreed to transfer its remaining 30 per cent stake in TP Vision, the television joint venture with TPV Technology, to a fully-owned subsidiary of TPV. The signing of definitive agreements is expected to take place in the first quarter of 2014, […]
Sony and Panasonic are scrapping their OLED display TV panel joint-venture “alliance”, blaming technical challenges and production costs. The pair will independently focus on building 4K/Ultra-HD LCD panels. Both companies have faced heavy losses within their TV divisions, and local reports quote spokesmen for both businesses saying that LCD-based 4K displays show greater promise. The […]
As part of an on-going commitment to generate further momentum and growth within its customer base in France and North Africa, Grass Valley has formed a strategic reseller agreement with Magic Hour (which includes Magic Editing) for the distribution of Grass Valley products and services across both regions. France-based Magic Hour will manage the distribution […]
Telecom Italia and Sky Italia have reached an agreement that will allow the telco’s mobile and broadband customers to access Sky’s dedicated Winter Olympics channels and watch them on smartphones and tablets over 3G and LTE networks. The two companies have also signed a letter of intent to study the feasibility of a next-generation IPTV […]
Three major DTH operators in India’s giant pay-TV market are in talks to form a joint-venture, according to local reports. The plan is to see content and programming costs trimmed and see increased carriage fees coming from India’s broadcasters. The three companies are: Dish TV, Videocon d2h and Airtel Digital TV, and are in discussions […]
WorldPay, a global player in payment processing, risk and alternative payments, and PayWizard, a platform that provides subscriber management and billing for multi-screen media, have announced an agreement to integrate WorldPay’s payment processing capabilities with PayWizard’s subscriber management functionality. The integration will provide merchants with improved customer services, enhanced payment flexibility and quicker time-to-market. PayWizard […]
Discovery Networks Western Europe and Viacom International Media Networks have announced a strategic partnership in the Netherlands to launch a joint sales house called BrandDeli. The new company is 50 per cent owned by both companies and will be launched on November 1st 2013. BrandDeli will replace both Discovery and Viacom’s existing local ad sales […]