Over The Top supply of content direct to TV sets is creating “a plethora of business models” says a new report from IMS Research. “OTT subscription services will generate a cumulative $32 billion in revenues over the next five years, accounting for the majority of the market each year when compared to pay-per services that […]
The Wall Street Journal reports that VoD streaming site Hulu is “considering its options” including a possible sale of its assets after an unidentified potential buyer approached the company. The LA Times says that approach was from Yahoo. Hulu is owned by NBC Universal, Disney ABC, News Corp/Fox and Providence Equity Partners. Providence chipped in $100 million […]
Comcast CEO Brian Roberts has told Fortune magazine wants to shift the perception of the cable company and being a stodgy provider of bulky cable set top boxes is a thing of the past. “We recognize that the business is changing and has changed, and we’re well aware that there’s new competition,” he said. Roberts […]
US investment house Criterion Capital Partners, the firm that bought Bebo from AOL exactly a year ago, is now looking to snap up another distressed media asset in Arqiva’s SeeSaw. The buy will save SeeSaw, the failed reinvention of the failed BBC/ITV/C4 Kangaroo project, from closure. No other buyers were found following a strategic review […]
DVR software specialist SageTV has revealed on its website that it has been acquired by Google. The likelihood is that Google will add SageTV’s TiVo-like recording capability to GoogleTV and the Google cloud. “We’re thrilled to announce that SageTV has been acquired by Google,” said the statement. “Since 2002, we’ve worked to change the TV […]
The new May online video rankings from comScore show that 176 million US Internet users, or about 83.3 per cent of the US audience, viewed online videos last month, spending an average of 15.9 hours per viewer over the month. More than 5.6 billion viewing sessions were recorded that month by comScore. Most of the […]
Sony movies have been pulled from Netflix’s online streaming service as a result of what Netflix describes as a “temporary contract issue” between Sony Corp. and its pay-TV distributor, Starz. Pauline Fischer, VP of Content Acquisition, said June 17th in a blog post to subscribers that the “two valued partners” were working through their differences. […]
Senior execs have used the NCTA in Chicago to play down the cord cutting threat that Netflix poses. “Our industry has always been about new content. Netflix is primarily a service that provides library programming,” said Philippe Dauman, chief executive of Viacom. Robert Marcus, chief operating officer of Time Warner Cable was even more bullish, […]
LBC America, a special TV channel tailored for Lebanese and Arab expats living in North and South America, is being transmitted over the web as part of the ‘myTV’ portfolio ofIinternet channels. LBC America carries the best of LBC’s output plus music and movies from Rotana’s archive of material. LBCI Chairman Pierre El Daher said:” […]
Broadcast services company Red Bee Media, responsible for managing more than 90 per cent of broadcaster video on demand content consumed in the UK, has launched RedPlayer, which it claims is the first ‘media grade’, end-to-end, next-generation online video platform. RedPlayer allows broadcasters and content owners in the UK and internationally to deliver and monetise […]