Nam Joong-soo, CEO of KT pledged that IPTV is a core business for KT's transformation into a media entertainment company. Nam said that KT would seek collaboration with leading media groups around the world. Accordingly, the telco has decided to put 710 billion won (E4.6 billion) in network enhancement to provide real time IPTV service. […]
The KCC has decided to take applications for IPTV service providers on August 28-29 and review them from September 2 to 5. In the communications industry, KT, Hanaro Telecom, LG Dacom and Daum are expected to submit applications. A panel of broadcasting and communications experts will review the applications based on business plans submitted by […]
The CC said it is also extending the timetable for the inquiry while it awaits important information on details of the joint venture, which are still being negotiated by the parties. The parties have suggested the information should be available by early September, the CC added, enabling it to publish provisional findings in early November […]
Rocketboom will be integrated with Sony's video site Crackle, as well as other Sony products such as the PS3 games console and direct to Sony Bravia TVs, while retaining existing distribution agreements with websites such as iTunes and TiVo. Sony will handle all Rocketboom's ad sales exclusively in a deal that is thought to include […]
France Telecom's Orange is making a full-frontal assault on the IPTV market in Spain in an attempt to snatch market share from Telefónica , whose IPTV service Imagenio currently counts 575,000 subscribers. To this end, the company has launched a promotional offer that includes free of charge for two months the package Paquete Plus from […]
The Strategy Analytics survey of 3,500 Internet users found that 22 per cent of Spanish respondents are regular users of streamed video from broadcaster websites, compared to 18 per cent in the US and only 8 per cent in Germany. This report estimates that 32 million people in the US and 34 million in Europe […]
The acquisition of Optibase’s digital video and streaming business for 2.6 million Scopus shares amounts to 19 per cent of its share capital. The deal increases Optibase’s stake in Scopus from 36.6 per cent to 46 per cent. The companies did not disclose the price of the deal, put on the basis of Scopus’ current […]
The Strategy Analytics survey of 3,500 Internet users found that 22 per cent of Spanish respondents are regular users of streamed video from broadcaster websites, compared to 18 per cent in the US and only 8 per cent in Germany. This report estimates that 32 million people in the US and 34 million in Europe […]
Olympic Broadcasting Services (OBS), a wholly owned subsidiary of the IOC, will produce regularly updated Olympic content. The package will include highlights, news and daily clips of the competitions, available throughout the 17-day period of the Games. IOC Director of Television and Marketing Services, Timo Lumme said the IOC's priority was to ensure that as […]