News Round-Up (III)

--Hulu Abandons Plans for UK Version of its Service
--iN Demand Appoints CTO
--Kaltura Powers Live Video, VOD of Earth Day Rally
--KIT Digital Closes $55 Million Equity Offering
--Latens Powers Remote DVR Service for Altibox

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.

  • Hulu has abandoned plans to launch a UK version of its service--at least for the time being--after talks with major UK broadcasters have collapsed, according to a report in The Daily Telegraph. "Hulu's talks with ITV have come to a halt because the broadcaster wants to focus on growing its own catch-up service--ITV Player--and not syndicate its content out to a third party at the moment," a source described as a "senior TV executive who has been close to the negotiations" told the newspaper. "Conversations with Channel 4 and Five have also not come to any fruition because Hulu wants to sell the advertising inventory around both broadcasters' content--like it does with US content--and this is not something either broadcaster is willing to concede on. Hulu has told several people at the British broadcasters that it has been forced to abandon its UK expansion plans after failing to sign any content deals."
  • Cable industry-owned VOD content aggregator, iN Demand, has appointed John Vartanian to the newly created position of CTO. "It is essential that iN Demand have someone of John's expertise to oversee our complex delivery system," the company's president and CEO, Robert G. Benya, said in a prepared statement. "With more than a thousand headends depending on us for a massive amount of their all-important transactional products, there is no room for error. As technology evolves and becomes more complex, John will help us maintain our leadership and deliver entertainment products through cutting edge technologies."
  • Kaltura, a company that offers what it bills as the first open source broadband video platform, has announced that it was chosen to power live streaming for Earth Day Network's The Climate Rally, which took place April 25th at the National Mall. It is also powering VOD coverage of the event.
  • Broadband video technology provider, KIT Digital, has announced the closing of a $55 million equity offering. It says that it will use the new funding "for the purpose of acquiring or investing in competitive and complementary businesses."
  • Conditional access and middleware technology provider, Latens, has announced that Norwegian cable operator, Altibox, has launched a remote DVR service using its Latens ECO technology. According to the company, the service lets customers "easily view and search the Altibox program listings from the full program guide, schedule programs, view descriptions of selected programs, [and] manage or edit scheduled recordings--all from any Web-enabled device wherever they are."

 

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