News Round-Up (IX): Rovi, Showtime, Technicolor, DirecTV, Verizon

--Rovi Reports Higher Revenues, Swings to a Profit
--EBIF-Based Showtime Sports Interactive App Receives Engineering Plaque from Television Academy
--Technicolor Extends Set-Top Box Contract with DirecTV, Signs Broadband Router MOU with Verizon

The [itvt] editorial team is currently on the road, so we are 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. It will likely take a short while for us 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. We apologize in advance for any inconvenience to our readers.

  • Rovi (formerly Macrovision) has released its second-quarter financial results. Revenues totaled $134.8 million, compared to $119.5 million for the year-ago quarter; GAAP net income totaled $41.2 million, compared to a net loss of $2.1 million for the year-ago quarter; adjusted pro forma income totaled $57.6 million, or $0.55 per share, compared to $39 million, or $0.38 per share, for the year-ago quarter.
  • The Academy of Television Arts & Sciences has announced that Showtime's EBIF-based Showtime Sports Interactive application is to be awarded an Engineering Plaque (note: according to the Academy, the latter award honors "those achievements that exhibit a high level of engineering and are important to the progress of the industry"). The app--which is designed to enhance Showtime's coverage of boxing and mixed martial arts events, and which to date has only been offered on Verizon's FiOS TV platform--allows viewers to use their remote controls to pull up fighter statistics, records, bios and quotes; take part in interactive polls; and test their knowledge in a trivia game. It was developed by Ensequence (see the article published on itvt.com, May 5th).
  • Technicolor (formerly Thomson), has announced that it has secured a three-year contract extension to provide SD and HD set-top boxes to DirecTV, and that it has also been designated as DirecTV's preferred provider of 3D services, a role that sees it powering the launch of the satellite TV provider's first 3D VOD service. In addition, Technicolor has announced that it has signed an MOU with Verizon to provide the latter's next-generation FiOS broadband home routers.

 

Region: 
North America