News Round-Up

--BigBand Networks to Reduce Headcount by 9%
--ITC Judge Denies Cablevision's Motions for Summary Judgment in Verizon Patent Case
--LP33 Launches Multichannel Music TV App for Google TV
--Netgem Releases Q4 Results, Touts "IPTV 2.0" Strategy

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

  • Digital video networking specialist, BigBand Networks, said Wednesday that it is reducing its headcount by 9% and consolidating certain of its facilities. It expects the measures to result in annualized cost savings of approximately $8 million. The company also said Wednesday that it expects Q4 revenues to total approximately $26 million, resulting in a loss of $0.09 per share.
  • Last March (see the article published on itvt.com, March 19th), Verizon filed a complaint against Cablevision with the US International Trade Commission (ITC), and also filed a lawsuit in the Delaware federal court. It accuses Cablevision of infringing on eight of its patents related to set-top boxes and EPG's. ITC administrative law judge, E. James Gildea, has now denied three motions from Cablevision for a summary judgment that it had not infringed on Verizon's patents, making it likely that the case--which appears set to involve a number of high-profile interactive TV industry companies and executives--will go to court later this month. Light Reading Cable's Steve Donohue has more.
  • LP33 has launched a free multichannel music TV app for Google TV and the Chrome App Store. Dubbed LP33 Music TV, the app offers 14 video channels, tour news, bios, twitter updates and personal playlists, the company says. Google TV owners can access the app by pointing their browsers to www.lp33.tv and bookmarking it. "Viewers can enjoy current chart acts, new music discovered by LP33's own talent scout network as well as LP33 exclusive interviews and live performances," the company states in its press materials. "You can build and save your own video playlists or enjoy LP33's channels where you can skip forward and back on your big-screen TV, laptop, or other connected device."
  • French set-top box company, Netgem, has released its Q4 financial results. The company is also touting what it calls its "IPTV 2.0" strategy," which it bills as "allow[ing] operators to offer multiscreen TV and VOD from a single 'master' home set-top box used as a 'media server.' Thanks to this innovation," the company says, "users may start viewing a video on one TV and finish viewing it on another TV or on a tablet."

 

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