Interactive TV News Round-Up (V): SeaChange, Comcast, S&T, Synacor, Grab Networks, SyncTV
--SeaChange Releases Fiscal Q2 Results, Is Powering Comcast's New Hybrid STB's
--S&T Reveals IBC 2011 Exhibit Plans, Secures Deals with Arion, Airwave Europe
--Synacor Partners with Grab Networks to Expand its Video Library
--SyncTV Trumpets Customer Wins, Announces IBC Exhibit Plans
Due to the large volume of news generated by the IFA, IBC and CEDIA trade shows--and because the [itvt] editorial team has been working on TVOT NYC Intensive 2011--we are covering stories in this issue in round-up/summary format. We anticipate that it will take us several days to catch up with all the recent news: so if your company has sent us a press release or briefed us on an announcement, and you don't yet see your news covered in this issue, please bear with us.
- SeaChange International has released financial results for its fiscal second quarter (2012), ended July 31st: "Total revenues for the quarter were $50.1 million, which were $1.5 million lower than total revenues of $51.6 million for the second quarter of fiscal 2011," the company states in its earnings release. "Non-GAAP net income for the second quarter was $3.8 million, or $0.12 per share, compared with non-GAAP net income of $3.2 million, or $0.10 per share, for the same period last year. GAAP net income for the second quarter of fiscal 2012 was $0.8 million, or $0.02 per share, compared with GAAP net income of $3.5 million, or $0.11 per share, for the second quarter of fiscal 2011. Last year's second-quarter GAAP net income included a $3.3 million income tax benefit...The company ended the second quarter of fiscal 2012 with cash, cash-equivalents and marketable securities of $97.9 million and no debt, compared to $91.0 million and no debt at the end of the first quarter of fiscal 2012." Multichannel News's Todd Spangler has some analysis of SeaChange's earnings announcement, including updates on its relationships with Comcast, Charter and AT&T; and Light Reading Cable's Jeff Baumgartner reports that Comcast has selected the company to power a new line of broadband-connected hybrid-TV gateways and set-tops that will deliver the MSO's regular QAM-based video services alongside a line-up of IP-based content.
- Strategy & Technology contacted [itvt] earlier this week to let us know about its IBC 2011 exhibit plans. According to the company, products it will be showcasing in its booth (Stand 1.C31) include: "1) RedKey3--digital TV receiver client software for the HbbTV specification, integrates the NetFront Browser from Access with HbbTV signalling and S&T's proven DSM-CC client. 2) S&T Player--an MHEG application for video-on-demand services for both MHEG-IC and CI+ connected-TV platforms, with flexible backoffice integration using S&T's Mediator. 3) RedKey2--S&T's MHEG-5 middleware engine offers a modular architecture and supports all of the current international profiles of the MHEG interactive TV standard, as well as the CI+ browser. 4) TSBroadcaster 2--the second generation of S&T's DSM-CC Object Carousel product for DVB (MHEG-5, HbbTV and MHP), OCAP/tru2way and ETV platforms. 5) TSMonitor--automatic monitoring of MHEG and ETV interactive applications using scripted test-cases on virtual receivers running on a rack-mounted server. 6) MHEG EPG--a complete MHEG-5 platform EPG including PVR integration for both pay-TV and 'Freeview' operators. 7) MHEG Presenter--a general-purpose publishing application for MHEG-5 platforms." S&T has also provided some information specifically on the HbbTV solutions it plans to demo at IBC 2011; has announced that it "has licensed its RedKey2 MHEG solution to Arion for products destined for the South African DTT market where MHEG will be used for the delivery of interactive information services and the electronic program guide"; and has also announced that it "is supplying its technology to Airwave Europe for 'AirCAST,' a new cost-effective, interactive information delivery system for the hospitality sector that utilizes the existing digital TV infrastructure within hotel buildings."
- Synacor, which claims to power programming portals and TV Everywhere services that reach over 25 million high-speed Internet customers around the world, has announced a deal with Grab Networks to expand its video library. "Grab Networks' video platform offers Synacor a single integration point to ingest more than 500,000 unique video assets across 220 providers accounting for more than 1.5 million minutes of new content," Synacor states in its press materials. "Much of that content is fueled by the Web's most desirable programming such as Food and Drink, Home and Family, Travel, Health and Relationships...Furthering Synacor's commitment to delivering world-class TV Everywhere solutions, Grab Networks content is compatible with modern mobile media devices such as Apple's iPad on iOS and Motorola's Xoom tablet on Android. The partnership's content offering is currently live and feeding several million monthly video streams after Grab Networks' automated programming delivery. Grab Networks' content library is now available to Synacor's client base that includes over 40 top media delivery companies." Said Synacor CEO, Ron Frankel: "Nielsen recently reported that heavy streamers of online content spend nearly 20 minutes a day viewing video and on mobile devices; they're reporting a 41% increase in 2010 and more than 100% increase since 2009. Partnering with Grab Networks enhances our already robust portal offering for Synacor clients and provides their customers with a more complete online experience that includes TV Everywhere services, news, sports and other value-added services like technical support from Geek Squad."
- SyncTV, which offers a platform for distributing video content to Roku and other connected-TV platforms, as well as mobiles and other devices (note: for more on the company, see the article published on itvt.com, March 25th, 2010), says that it has "reached a significant achievement of 10 live customer deployments for this year alone, with several more major deployments such as M6 in France (part of RTL Group) scheduled to go live by year-end. Customers that have launched over-the-top (OTT) video services on the SyncTV platform so far this year," the company's press materials continue, "include: PictureBox by NBC Universal; Bollywood Nirvana; African Movie Channel; Aimflicks; The Concert Channel; Dream Link Entertainment; Jaroo; Kidlet; Oasis TV; and Wieder.TV. SyncTV's industry-leading media distribution platform allows content providers to easily reach millions of viewers through multiple digital channels including iPhones, iPads, Android devices, Roku and Boxee streaming media players, Internet-connected TV's from leading consumer electronics companies like Samsung, Philips, Vizio, LG, and more. SyncTV creates custom-branded channels via device applications that are centrally managed by customers through a robust Web-based user interface. SyncTV will be at the International Broadcasting Convention in Amsterdam on September 8-13, 2011. Visit SyncTV for a demonstration and learn about the company's global deployments at Harmonic's booth in Hall 1, Stand B20 or at the SyncTV Suite MR3 in Hall 13 in the Connected TV Pavilion. This technology demonstration serves as SyncTV's foundation for the upcoming MPEG DASH specification."