A+E Networks has appointed Prem Kamath as Deputy Managing Director, Asia-Pacific. Based in Singapore, Mr. Kamath will provide leadership and strategic direction to the commercial, financial and operational functions of A+E Networks Asia, A+E Networks’ wholly-owned Southeast Asia business.
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.
Liquid-crystal-display television (LCD TV) panels enjoyed unexpected growth in the first half of this year, tied to enthusiastic TV viewing because of the World Cup and other factors that benefited the market, according to a new report from IHS Technology.
Global LCD TV shipments during the first six months of 2014 rose three percent from the same period a year ago, as shown in the attached figure. Although growth this year was much less than the 9 percent expansion logged during the first six months of 2013, achieving any increase at all was unforeseen.
4K or Ultra HD is the future, but it’s a marathon, not a sprint to higher resolutions, according to ABI Research. And while 1080p TV screens are the norm and mobile screen resolutions continue to climb, plenty of streamed HD content is still distributed in 720p or lower. Over-the-top (OTT) services such as Netflix, VUDU, and M-GO, which exclusively distribute content over the Internet, are more eager to embrace 1080p and Ultra HD for connected CE devices in order to appear more innovative.
GatesAir, a provider next generation over-the-air broadcast solutions for radio and television, today announced the appointment of Phil Argyris as CEO, effective August 20. Argyris will leverage his thirty years of management and leadership experience as well as his valuable tenure leading the former transmission division of Harris Broadcast to drive innovation and excellence in wireless over-the-air solutions.
RRsat Global Communications Network Ltd., a provider of digital content management and global content distribution services to the broadcasting industry, announced today the expansion of its U.S. sales team with industry veterans, Rick Phelps and Dante Neyra, to strengthen its presence and capabilities within the North and Latin American markets.
The market for digital pay-TV in Asia Pacific will grow at a robust 10% CAGR between 2013 and 2018 as digital pay-TV subscribers climb from 312 million in 2013 to 503 million by 2018 and digital penetration of pay-TV homes expands from 62% to 83% between 2013 and 2018, according to Media Partners Asia's (MPA) latest report, Asia Pacific Pay-TV & Broadband Markets 2014.
A new report from the Arab Advisors Group provides an analysis of the 3G/3.5G/3.75G services landscape in the Arab World. The research revealed that during the period between November 2011 and May 2014, four more operators deployed 3G networks in the Arab World; increasing the number of operators with 3G/3.5G/3.75G services to forty operators. The most common 3G/3.5G/3.75G service offered by the operators is mobile Internet, followed by video calling and mobile TV.
Strategy Analytics’ forecast, Global Mobile Media Forecast: 2001-2018, predicts spending on consumer mobile media services consumed via the handset (which excludes tablet spend) including handset browsing, mobile applications, mobile games, mobile music, mobile video, mobile TV, ringtones, wallpapers and alerts - will rise from just above $236 Billion in 2013 to approach US$ 380 Billion by 2018.
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.
