The Latin American Video on Demand (VOD) Over the Top (OTT) market reached 5.54 million paying subscribers in 2014. Dataxis estimates that, by 2018, the Latin American VOD OTT market will record a total of 16.25 million operational pay accounts.
In turn, the T-VOD market will record 135.47 million pay transactions in 2014 and this figure will rise to 646.31 million by 2018.
DigitalGlobe announced today that Gary W. Ferrera will become the company’s Executive Vice President and Chief Financial Officer by March 9, 2015. Fred Graffam, who has served as Interim Chief Financial Officer since September 2014, will remain in that role through that time.
RigNet, Inc. (Nasdaq:RNET), a provider of digital technology solutions to the oil and gas industry, today announced that Rajesh Salem has joined the company in the new position of vice president, Strategy & Marketing.
In this role, Salem will oversee the Company's existing strategy and marketing efforts and be responsible for new business development strategies and marketing plans that meet the evolving mission critical needs of the company's demanding energy customers around the world.
The Satellite Industry Association (SIA) today announced the election of its 2015 Executive Committee. The SIA Board of Directors elected Stacy Fuller of DIRECTV to serve as Chair for the coming year, joined by Jennifer Manner of EchoStar, as Vice Chair, and Patricia Cooper of Intelsat, as Treasurer.
Boeing [NYSE: BA] has completed production of the world’s first all-electric propulsion satellites for ABS and Eutelesat as preparations continue to launch the satellites, as a vertically stacked pair, next month.
The Boeing 702SP (small platform) satellites are affordable and lightweight, and provide more options for movement to different orbital positions. The 702SP is one of three new satellite designs Boeing has introduced in four years, the others being the 702MP and 502 Phoenix.
WORK Microwave, a leading European manufacturer of advanced satellite communications, navigation, defence electronics, and sensors and measurement equipment, today announced the appointment of Andreas Lermann as the new director of sales and marketing. Lermann is responsible for driving product strategy and global business development for WORK Microwave‘s SatCom, Defence, and Sensor units to increase the company's worldwide sales presence and revenue streams.
Telestream, a provider of live and on-demand digital video tools and workflow solutions, today announced that the private equity investment firm Genstar Capital has entered into a definitive agreement to purchase Telestream, Inc. The transaction is expected to close mid-January.
As the technology world converges at the International Consumer Electronics Show in Las Vegas, a forward-thinking Irdeto global research survey finds that consumers expect to be using a mixture of a la carte Internet TV and pay TV services by 2020 as they search for the optimal viewing experience. The research revealed that only 18% of consumers in the US are expecting to watch most content through pay TV services versus 21% of UK consumers and 27% of US consumers expecting to watch most content through Internet TV services like Netflix or Amazon Prime versus 11% in the UK.
Orbcomm has completed the acquisition of SkyWave Mobile Communications (SkyWave), the largest M2M service provider on the Inmarsat global L-band satellite network. Based in Ottawa, Canada, SkyWave adds more than 250,000 subscribers, 400 channel partners, annualized revenues of over US$ 60 million and Adjusted EBITDA of over US$ 12 million.
NeuLion, Inc. (TSX: NLN),a provider of live and on-demand content to Internet-connected devices, has signed a definitive agreement to acquire DivX LLC, a provider of next-generation digital video solutions.
