French media and entertainment technology specialist Technicolor hopes to find a partner for its loss-making set-top box business this year and is in talks with several parties, its chief executive Frederic Rose told Reuters. The company is also seeking to dispose of its French set-top box (STB) factory – where a planned production shutdown threatens […]
Royal Philips Electronics has announced the creation of a joint venture with TPV Technology Limited of Hong Kong. The JV will be called TP Vision and will be 70 per cent owned by TPV and 30 per cent by Philips. TP Vision will develop, manufacture and market Philips branded TV sets. TP Vision, with headquarters […]
Canoe Ventures, the advanced television joint venture of the US’s leading cable companies, is shutting down the bulk of the venture that lets viewers interact with TV ads, laying off 120 employees. It will shift its operation from New York to Denver, where it will concentrate its resources and efforts solely on video-on-demand advertising. In […]
DVR specialist TiVo and STB maker Pace have revealed plans to port TiVo’s software to Pace’s set-tops and gateways. The initiative is designed further to enable operators around the world to deploy quickly and cost-effectively the TiVo consumer experience to a selection of Pace devices. “This global partnership with Pace is another step in achieving […]
Online entertainment service Netflix is to face nationwide competition in the OTT and physical and digital markets with the news that US telco Verizon and retail solutions specialist Coinstar are forming a joint venture designed to create a new choice for quality- and value-conscious consumers seeking a simple and affordable way to access the video […]
At a recent investor meeting held by Shanghai BesTV, executives said that the Shanghai Media Group IPTV subsidiary was continuing its partnership talks with CCTV’s national online TV station CNTV. Executives added that China’s State Administration of Radio, Film and Television (SARFT) had expressed the hope that BesTV and CNTV would partner to form China’s […]
US wireless cellco MetroPCS Communications and broadcaster Joint Venture the Mobile Content Venture (MCV) are partnering to enable MetroPCS customers to watch live, local broadcast television on their mobile phones later this year. MetroPCS will be the first wireless service provider to offer Dyle Mobile TV to consumers on devices that are pre-loaded with the […]
Leading Japanese telco NTT DoCoMo has reached a basic agreement with five companies — Fujitsu Fujitsu Semiconductor, NEC Corporation, Panasonic Mobile Communications, and Samsung Electronics — to establish a fabless joint venture company by the end of March 2012 to develop and sell semiconductor products for mobile devices. The joint venture company, leveraging the six […]
Japanese electronics giant Sony is to exit its S-LCD manufacturing joint-venture with South Korea’s Samsung. Samsung will pay $940 million to Sony for complete ownership of the venture. Sony and Samsung have worked together on flat-panel LCD production for the past seven years and industry reports made it clear last July that Sony was looking […]
The European Commission has given permission for the joint venture between The Netherland’s Ziggo MSO and HBO for a package of premium channels. The Commission said the deal would not restrict competition in provision of channels and would increase competition in the market for programme rights. The plan is for six premium channels under the […]