News Round-Up (V)

--RadioactiveGiant Launches Series of Interactive TV Apps for Connected Platforms
--Report: Regulators May Use Veto Power over Comcast-NBCU Merger to Protect Web Video Start-Ups
--Rentrak in VOD Measurement Deals with Eurocinema, Tribeca Enterprises
--Report: Samsung Considering Developing Android-Based "Google TV's"
--SeaChange Sells Stake in Casa Systems

The [itvt] editorial team will be on the road this week and next, so we will be covering most stories in round-up/summary form, and we anticipate that there will be some additional interruptions of our regular news publishing schedule beyond that. We apologize in advance for any inconvenience to our readers.

  • A Santa Monica-based company called RadioactiveGiant has announced that it has developed a series of branded TV apps that are slated for distribution this summer across Internet-connected video devices, including connected TV's, set-top boxes, disc players, game consoles and media extenders. According to the company, the apps include "Badvertising, featuring homemade commercials as well as funny and memorable commercials from the 1930's and 40's to today; Ninja Stars, featuring gaming-related entertainment and industry news; Egotopia, modern men's related interests, cars, gadgets and style; [and] Mixmod, a music app featuring user-generated remixes and mash-ups."
  • US regulators may use their veto power over Comcast's planned purchase of NBC Universal to demand concessions that help Web video start-ups, Bloomberg reported earlier this week. According to the news service, "the FCC may bar Comcast, the largest US cable service, from interfering with Web video start-ups such as Roku Inc. and Boxee Inc. or from denying them NBC shows or films."
  • Rentrak has announced a deal to provide VOD measurement services to Eurocinema, a company that distributes contemporary European and other international films to US and Canadian viewers via cable, satellite and broadband. The company has also announced a deal to measure Tribeca Enterprises' new Tribeca Film OnDemand service.
  • Samsung is considering developing "Google TV's" that run on the Android operating system, according to a report in the Korea Herald. Last month (see the article published on itvt.com, March 19th), the New York Times reported that Google is working with Sony and Intel to develop a Google TV platform
  • VOD technology provider, SeaChange International, has announced the sale of its ownership stake in Casa Systems for $34.1 million. It acquired the stake in 2005 for just $8.2 million in cash and the cancellation of promissory notes previously issued to Casa. "We invested in Casa five years ago to help accelerate the development of cost-effective, marketable solutions that enable IP streaming over cable," SeaChange chairman and CEO, Bill Styslinger, said in a prepared statement. "IP streaming is essential for SeaChange to deliver advanced IP-based television software applications. Now that IPTV is a reality, it is the right time for us to sell our shares of Casa so we can allocate all of our resources to help grow our core business. It has been a pleasure to work with Casa and to see our mutual vision of DOCSIS 3.0 and IP streaming come to fruition. We look forward to continuing to work together in the future."

 

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