opentv

Discovery Group Urges OpenTV to Repurchase Kudelski's Stake in the Company

--Says "Multiple Conflicts of Interest...Have Haunted OpenTV" Since Kudelski Became Involved in it
As [itvt] reported last week ( see article posted on itvt.com, June 5th ), Kudelski last Thursday issued a stinging response to the decision by a special committee of OpenTV 's board of directors to reject its unsolicited offer to acquire, at $1.35 each, all outstanding shares of OpenTV Class A ordinary stock that it does not already own. Now Discovery Group , OpenTV's largest independent shareholder, which was singled out for criticism in Kudelski's...

Kudelski Responds to OpenTV's Rejection of its Buyout Offer

--Criticizes Company for Prioritizing Short-Term Profitability over Long-Term Investment
As [itvt] reported earlier this week ( see article posted on itvt.com, June 3rd ), interactive TV and advanced advertising technology provider, OpenTV, announced Tuesday that a special committee of its board of directors had rejected an unsolicited proposal by its largest shareholder, Kudelski--which has an approximately 27% stake in the company that gives it approximately 75% voting control--to acquire all outstanding shares of OpenTV Class A ordinary stock that Kudelski does not already own...

OpenTV, Sigma Partner for Addressable VOD Ad Placement

Interactive TV and advanced advertising technology provider, OpenTV , and Sigma Systems , a company that specializes in IP service fulfillment solutions, announced Thursday that they are developing an integrated solution that they say will allow TV service providers to use subscriber data for addressable ad placement in video-on-demand environments. The companies say the integrated solution will also work for linear TV. According to the companies, their joint solution has been integrated in accordance with...

OpenTV Special Committee Rejects Kudelski's Buyout Bid

Interactive TV and advanced advertising technology provider, OpenTV , announced late Tuesday that a special committee of its board of directors has rejected an unsolicited proposal by its largest shareholder, Kudelski (note: the latter has an approximately 27% stake in the company that gives it approximately 75% voting control), to acquire all outstanding shares of OpenTV Class A ordinary stock not already owned by Kudelski. The committee determined that the price of $1.35 per share...

OpenTV, Arris Target Europe with "Ad Insertion in a Box"

Interactive TV and advanced advertising technology provider, OpenTV , said Tuesday that it has teamed with advanced advertising technology provider, Arris, to create a turnkey digital advertising solution, dubbed "Ad Insertion In A Box," for cable operators and telcos. According to the companies, the solution--which combines the Arris ConvergeMedia SkyVision advertising applications suite with OpenTV's Eclipse campaign management platform, in order to provide what is billed as "a world-class, end-to-end Digital Program Insertion advertising system"--supports...

OpenTV Reports Lower Q1 Revenues, Profits

Interactive TV and advanced advertising technology provider, OpenTV , announced its first-quarter financial results Thursday: --Revenues totaled $29.4 million, compared to $33.8 million for the year-ago quarter. Royalties and licenses revenues decreased 2.7% to $21.6 million, and services and other revenues decreased 32.8% to $7.8 million.
--Revenues from the company's Middleware Solutions segment totaled $27 million, compared to $30.1 million for the year-ago quarter. Contribution margin from the segment was $10.9 million, compared to...

Time Warner Cable Deploys OpenTV EclipsePlus in All its Continental US Regional Operating Centers

--Solution Has also Been Selected by Suddenlink Communications
--Round-Up of Recent Technology and Industry News from OpenTV
Interactive TV and advanced advertising technology provider, OpenTV , announced Thursday that its EclipsePlus advertising campaign management solution has been selected by Time Warner Cable to manage its advertising sales operations across all its regional operating centers (ROC's) in the continental US, which represent around 12.3 million subscribers, or approximately 97% of the cable MSO's total subscriber base. OpenTV says that EclipsePlus--which it bills as enabling large cable advertising operations to manage multichannel ad campaigns...

Popular Interactive TV Industry Figure, Andy Dymoke, Passes

Andy Dymoke , a senior product manager at OpenTV , died unexpectedly on April 22nd. He is survived by his wife of 26 years, Suzie; by his son, Ned; and by his sisters, Jill and Susan. A memorial Web site for him has been set up at: http://andy-dymoke.memory-of.com/About.aspx . The memorial site includes the following description of Dymoke's life and warm personality: "Andy was born in Barnet, in the United Kingdom. He spent a good...

OpenTV Launches Movie Portal Application for Bell TV

Secures New Deployments with Comcast Spotlight, HOT
Interactive TV middleware and advanced advertising technology provider, OpenTV, has launched a movie portal application for Canadian satellite TV provider, Bell TV. The portal, which is available with content from Bell programming partner, the Super Channel, allows movie content providers to promote specific channels, as well as individual movies on those channels, through a customizable application that runs on OpenTV's Core middleware platform. Among other things, the portal features a themed search option, as well...

OpenTV News:

--Acquires Sydney-Based TV Workflow Specialist, Ruzz TV
--Secures Deals with Japan's SKY Perfect, Comcast Spotlight
--Taps Ex-NDS Executive to Lead its Indian Operations

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