Financials

IBM in $83 Million Deal to Help India's Digicable Roll Out New Interactive TV and VOD Services

IBM announced Tuesday that it has secured a 10-year, $83 million strategic outsourcing deal with Indian cable operator, Digicable . According to IBM, the deal will see it supporting the integration of Digicable's digital media content delivery and value-added services applications with its core business technologies and processes, thus enabling the operator to provide "superior and personalized service" to its subscribers. Specifically, IBM says, the deal will see it enabling Digicable to manage its business...

Widevine Secures $15 Million from Samsung, Liberty Global, Unnamed Satellite TV Provider

--Company Claims Relationships with Pay-TV and CE Industries Position it Well for "TV Everywhere"
Video content security and optimization specialist, Widevine , said Monday that it has secured $15 million in new funding from Liberty Global , Samsung Ventures (the venture capital arm of Samsung Group) and an unnamed "third corporation" described in a Widevine press release as "the world's...second largest satellite provider ." The company, which has raised close to $52 million to date, says that its technologies are playing a "central role" in the delivery of video...

News Round-Up

--Rob Gelick Named SVP and General Manager of CBS Mobile
--CCI Producing Multiplatform, Interactive Scavenger Hunt-Themed Kids' Show, "GeoFreakZ"
--Version 3.0 of the Layar Augmented Reality Browser Released
--Soft Ad Market Impacts SeaChange's Earnings, but VOD Server Revenues Nearly Double
Here is a round-up of some other interactive TV-related stories we didn't have room for in this issue: CBS Interactive has promoted Rob Gelick to SVP and general manager of its CBS Mobile arm. He was previously VP of CBS Mobile. According to CBS Interactive, "Gelick will be responsible for guiding the evolution of CBS brands in the rapidly growing mobile arena, extending these brands onto the mobile Web, and creating applications for multiple platforms...

Bresnan Communications Deploys OpenTV's EclipsePlus Ad Campaign Management System

--Kudelski Provides "Final" Extension to OpenTV Shareholders Who Have Not Yet Tendered their Shares
Interactive TV and advanced advertising technology provider, OpenTV , announced Monday that Bresnan Communications , the US's 13th-largest MSO (it has approximately 300,000 subscribers), has deployed its OpenTV EclipsePlus campaign management system to manage its advertising sales operations. The existence of an EclipsePlus deal with Bresnan was first revealed by OpenTV CEO, Ben Bennett, during the company's Q3 earnings conference call earlier this month ( see the article published on itvt.com, November 4th ). OpenTV...

BBC Launches @North Initiative to Boost Interactive/Multiplatform TV Industry in North of England

--Initiative Has £500,000 Budget to Support Development of Interactive Content for Children
The BBC on Wednesday unveiled a new digital initiative, called @North , that is designed to boost the interactive/multiplatform TV industry in the north of England, the region in which Salford--the city to which a number of BBC departments, including Future Media & Technology and Children's, are scheduled to move in 2011--is located.

According to the corporation, the initiative, which was announced by BBC director north, Peter Salmon, at the Manchester Media...

Sezmi Secures $25 Million in New Funding, Launches Public Pilot in Los Angeles

--Company's Flagship Offering Combines Traditional TV, Movies and Internet Video
Sezmi , a company that has developed a set-top box-based offering which it bills as "combining traditional TV content, movies and Internet video in a single, easy-to-use product and service," said Monday that it has secured $25 million in new funding from new and existing investors. The company--which last year announced that it had raised $33 million in an earlier funding round--also announced Monday that it has made its "all-in-one personalized television service" available via...

Kudelski's Tender Offer Nets It 60% of Class A OpenTV Shares It Does Not Already Own

--Company Now Controls 91% of Voting Rights in OpenTV, Plans to Delist It from NASDAQ
The Kudelski Group announced Friday that it has successfully completed its tender offer to acquire the Class A shares of interactive TV middleware and advanced advertising technology provider, OpenTV , that it does not already own for $1.55. According to the company, when its tender offer expired on November 12th, OpenTV shareholders had tendered approximately 56,382,588 shares (including 8,277,113 shares subject to guaranteed delivery procedures), representing approximately 60% of the Class A shares not already...

Kudelski Lists "Severe Challenges Ahead for OpenTV" as a Standalone Company

--Kudelski Is Attempting to Acquire All Outstanding Class A Shares of OpenTV
The Kudelski Group on Monday published a document in which it enumerates various "severe challenges ahead for OpenTV " as a standalone company, should Kudelski's tender offer to acquire all the company's outstanding Class A shares for $1.55 per share in cash not succeed. While stressing that it is "committed to supporting OpenTV's customer franchise, management, employees and other stakeholders"; that it "has a clear plan requiring significant investments to ensure the mid- and long-term...

Sling Media Co-Founder, Blake Krikorian, Joins Clicker Media's Board, Invests in Company

--Clicker Media Seeks to Become a "Complete Programming Guide to Internet Television"
Los Angeles-based start-up, Clicker Media (note: the company, which says that it aims to become "the complete programming guide to Internet television," claims to catalog all broadcast programming available online, together with TV-quality Web originals, movies and music videos, and to deliver them "in one seamless, organized experience that includes more than 350,000 episodes, from over 5,000 shows, from over 1,000 networks, in over 1,000 categories"; it is currently inviting sign-ups from beta users), announced...

OpenTV Reports Higher Q3 Revenues and Income, Signs New Deals with Bresnan, LatAm Operator

--Kudelski Extends Expiration Date of its Tender Offer for OpenTV Class A Shares
--Earnings Round-Up: Amino, Blinkx, Cablevision
Interactive TV and advanced advertising technology provider, OpenTV , has released its third-quarter financial results: Revenues totaled $31.8 million, compared to $26.9 million for the year-ago quarter (representing an increase of 18%). Royalties and licenses revenues, at $20.7 million, were up 25.5% from the year-ago quarter; and services and other revenues, at $11.1 million, were up 7%. Revenues from the company's Middleware Solutions segment totaled $28.9 million, compared to $23.9 million for the year-ago quarter;...

Pages