Telstra, one of the largest telecommunications and information services companies in the world, and Ooyala, a leader in video streaming and analytics, today announced they have reached a definitive agreement for Telstra to acquire Ooyala. The US$ 270 million investment increases Telstra's ownership in Ooyala from 23 per cent (fully diluted) to 98 per cent and is in addition to the US$61 million previously invested in Ooyala over the past two years. 

For the second quarter of 2014, Machine-to-Machine communications provider ORBCOMM reported  total revenues were up 30.9% year-over-year to US$ 24.3 million.  Service Revenues were up 10.2% to US$ 14.9 million over the prior year. Second quarter 2014 Product Sales of US$ 9.4 million were 86.4% higher than prior year. 

Adjusted EBITDA for the second quarter of 2014 was US$ 5.1 million and was up 23.8% over the  prior year period. ORBCOMM’s basic EPS is $0.03 for the second quarter of 2014 compared to  $0.04 for the comparable period last year. 

The National Association of Broadcasters (NAB) will produce four sessions at the SET Expo in São Paulo, Brazil, August 24-25. The sessions will address topics ranging from sports production, 4K video, media management in the cloud, and producing content for multiple devices.

NAB's participation in SET is part of the NAB Show Collaborative, an initiative to support the advancement of the global broadcast, media and entertainment communities.

DISH Network Corp. today reported revenue totaling US$ 3.69 billion for the quarter ending June 30, 2014, compared to US$ 3.49 billion for the corresponding period in 2013. Subscriber-related revenue increased 5.6 percent to US$ 3.65 billion from US$ 3.45 billion in the year-ago period.

Net income attributable to DISH Network totaled US$ 213 million for the second quarter 2014, compared to a loss of US$ 11 million from the year-ago quarter.

Intelsat S.A. today reported total revenue of US$ 615.7 million and net income attributable to Intelsat S.A. of US$ 66.8 million, or $0.53 per common share on a diluted basis, for the three months ended June 30, 2014.  The company reported adjusted net income per diluted common share1 of $0.76 for the quarter.

Intelsat S.A. reported EBITDA, or earnings before net interest, taxes and depreciation and amortization, of US$ 485.5 million, or 79 percent of revenue, and Adjusted EBITDA of US$ 490.4 million, or 80 percent of revenue, for the three months ended June 30, 2014.

ITU today announced a call for innovations, a global hunt for the innovators, makers or entrepreneurs who are using technologies such as 3D printing or advanced robotics, or working within fields such as bio-mimicry, which uses technological innovations to imitate nature in order to solve problems – those who can make a real difference in a rapidly evolving and changing world. The call was launched in conjunction with innovation partner Ars Electronica. Selected innovations will be showcased at the upcoming ITU Telecom World 2014 in Doha this December.

Eutelsat's  financial results for the year ended 30 June 30, 2014 was in line with revenue growth objectives of the company.  Revenue growth was 2.6%.   EBITDA margin ws 76.7% and backlog reached record levels of €6.4 billion.

The Board of Directors of Eutelsat proposed dividend of €1.03 per share, payout ratio of 75%.  Eutelsat's Board expects topline growth acceleration in next three years and high level of profitability maintained.

Asia’s pay-TV and broadband industries are at a critical stage of growth and evolution, according to leading research & consulting firm Media Partners Asia (MPA). Pay-TV industry sales, including subscription and advertising, grew at a robust 10% in 2013 to reach approx. US$ 49 billion.

DIRECTV  today reported that second quarter 2014 revenues increased 5% to $8.11 billion, reported operating profit before depreciation and amortization(OPBDA) increased 3% to US$ 2.15 billion, reported operating profit increased 5% to US$ 1.42 billion and reported diluted earnings per share increased 35% to $1.59 compared to last year's second quarter.

Telesat Holdings Inc. today announced its financial results for the three and six month periods ended June  30, 2014.  For the quarter ended June 30, 2014, Telesat reported consolidated revenue of CDN$ 226 million, an increase of 5% (CDN$10 million) compared to the same period in  2013.