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Concurrent Reports Lower Revenues and Profits, but Beats Wall Street Expectations

--Says It Has Secured Multiplatform Advanced Advertising/Measurement Deal with Charter

VOD and advanced advertising technology provider, Concurrent, on Tuesday released financial results for its fiscal second quarter (2010), ended December 31st:

News Round-Up II: Miscellaneous

--Concurrent Forms Advisory Board to Provide Counsel on Cross-Platform Strategy
--DirecTV to Launch Three 3D TV Channels
--DISH Network, EchoStar Announce "TV Everywhere" Products
--Hillcrest Labs Integrates Freespace with Broadcom's Bluetooth Chipsets
--iN Demand Names Bob Benya President and CEO
--ThinkAnalytics Joins NDS's Recommendations Engine Partner Program
--NDS to Offer End-to-End e-Publishing Solution
--Sky Says its 3D TV Service Will Be Compatible with Sets from LG, Panasonic, Samsung, Sony

Here is a brief round-up of some other interactive TV-related stories we didn't have room for in this issue:

Concurrent Reports Lower Fiscal Q4 Revenues, Swings to a Profit

VOD technology provider, Concurrent, has released financial results for its fiscal fourth quarter and year, ended June 30th:

Concurrent, Clearleap Integrate Technologies to Provide "Comprehensive View" of Subscriber Experience

--Say Joint Solution Will Enable Operators to Offer Addressable Advertising, "Intelligent Interactivity"

VOD technology provider, Concurrent, and Clearleap, a company which offers a content-acquisition, delivery, management and distribution platform that brings broadband video and other Internet-sourced content to television sets, including sets equipped with low-resource legacy cable set-top boxes (note: the company recently announced that cable operator, Atlantic Broadband, is deploying its platform--see the article published on itvt.com, June 30th; its most prominent competitor is ActiveVideo Networks, which is currently deploying its platform with Cablevision--

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  • VOD Technology Provider, Concurrent, Reports Large Losses

    --Losses Include Substantial Non-Cash Impairment Charges

    VOD technology provider, Concurrent, on Tuesday released financial results for its fiscal third quarter, ended March 31st:
    --Revenues totaled $19.2 million, compared to $19.4 million for the year-ago quarter.

    Concurrent Signs Master Purchase Agreement with Cogeco Cable

    VOD technology provider, Concurrent, said Monday that Canada's second-largest MSO, Cogeco Cable, an existing Concurrent customer, has signed a master purchase agreement designating the company as the preferred provider of video technology for its VOD service in all its Canadian markets. According to Concurrent, the multi-year deal supports expansion of and upgrades to Cogeco's existing VOD platform, and makes it possible for the MSO to offer a range of new services to its 400,000 digital subscribers in Quebec and Ontario, including timeshifted TV, network DVR and advanced advertising. "Operators like Cogeco are increasingly under competitive pressure to add more personalized video services," Concurrent president and CEO, Dan Mondor, said in a prepared statement.

    Concurrent Names David King Chief Marketing Officer

    Elects Krish Panu to its Board of Directors

    VOD technology provider, Concurrent, has appointed David King to the newly created position of chief marketing officer. He will be responsible for all aspects of the company's global corporate marketing strategy, strategic alliances and channel partnerships, and will report directly to its recently appointed president and CEO, Dan Mondor.

    Concurrent Teams with BIAP, Invidi, This Technology for ITV Advertising

    Adds Tiered Asset Management to its MediaHawk Video Servers

    Concurrent says it has successfully integrated its Myriad line of advance advertising products with systems from BIAP, Invidi and This Technology, in order to develop advanced advertising solutions based on the SCTE-130 and EBIF standards. The four companies, which are currently working on solutions that enable such advanced advertising functionality as targeted VOD ad insertion, bumpering, telescoping and reporting, say that over the coming year they will collaborate on product interoperability and integration, and pursue joint marketing initiatives, including interoperability demonstrations at industry trade shows and summits.

    Concurrent Names David King Chief Marketing Officer

    --Elects Krish Panu to its Board of Directors

    VOD technology provider, Concurrent, has appointed David King to the newly created position of chief marketing officer. He will be responsible for all aspects of the company's global corporate marketing strategy, strategic alliances and channel partnerships, and will report directly to its recently appointed president and CEO, Dan Mondor.

    Concurrent Names Emory Berry CFO and EVP of Operations

    Concurrent Reports Lower Revenues, Higher Losses for Fiscal Q4

    VOD technology provider, Concurrent, has released financial results for its fiscal fourth quarter and year, ended June 30th:

    • Overall Q4 revenues totaled $17.6 million, compared to $21.1 million for the year-ago quarter and $19.4 million for the preceding quarter.
    • Q4 revenues from the company's VOD product line totaled $10.1 million, compared to $14 million for the year-ago quarter and $12.1 million for the preceding quarter.
    • Q4 net losses totaled $1 million, or $0.12 per fully diluted share, compared to net losses of $712,000, or $0.01 per fully diluted share, for the year-ago quarter and net income of $301,000, or $0.04 per fully diluted share, for the preceding quarter.
    • Overall fiscal 2008 revenues totaled $70.8 million, compared

    Concurrent Powers VOD for ZON TV Cabo, Chunghwa Telecom

    VOD technology provider, Concurrent, says that Portugal's largest cable operator, ZON TV Cabo, has chosen its flagship MediaHawk Content Delivery System to power its expanded VOD service. The expanded service is scheduled to launch in Lisbon and Porto in the fourth quarter. "Concurrent's innovative technology, exemplified by the unique resilient streaming feature, was one of many reasons we chose Concurrent's MediaHawk 4500," Andre Almeida, ZON TV Cabo's head of product development, said in a prepared statement.

    Concurrent Makes its Time-Shifted TV Platform More Resilient

    --Upgrades its MediaHawk Back Office Software Suite (MHBOSS)

    --Secures New VOD Deals with Time Warner Cable


    VOD technology provider, Concurrent, has launched the Real Time
    Pitcher 2000 (RTP2000), which it says uses resilient real-time content
    distribution to ensure no loss of video captures due to network or
    component failures, enabling content ingest success rates up to
    99.999%.
    According to the company, this enhancement to its
    time-shifted TV platform has generated significant interest among
    cable operators--particularly Time Warner Cable and Bright House
    Networks, which are using Concurrent equipment and software to
    power Start Over services (note: Time Warner Cable recently launched
    Start Over in Staten Island and plans to make the service available on



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