It could be a case of David taking on Goliath, but Intertainer has filed a suit against Sony, AOL Time Warner Inc. and Vivendi Universal alleging that the entertainment powerhouses have conspired to jack up licensing fees for on-demand content. The suit, filed in the U.S. District Court for the Central District of California, claims the defendants have tried to control the on-demand market by m...
Video-on-demand provider iN Demand is delivering its content to more than 2.5 million VOD subscribers, and the company expects that number to balloon to 5 million by the end of the year. Video-on-demand is poised to become a significant source of revenue for the cable industry and the movie studios, according to iN Demand's President and CEO Steve Brenner.
Cox Communications Inc. has named Thomson Multimedia as an "inventoried" vendor of DOCSIS 1.1 certified cable modems. Specifically, Thomson will directly supply its RCA DCM245 high-speed digital cable modems to Cox's networks. The companies have been working together for some time, but this announcement solidifies their partnership.
Copyright 2002 / Los Angeles Times Los Angeles Times…09/24/2002 From LexisNexis A White House panel studying ways to boost demand for high-speed Internet access is expected next week to encourage Hollywood and others to offer more online content. The report also will recommend that more workers use high-speed lines to telecommute from home.
AudioCodes Ltd. has selected Texas Instruments Inc.'s digital signal processor silicon for its next-generation Voice over Packet products. The voice-over-packet technology provider has committed to basing its next-generation of VoP products on AC491, a digital signal processor consisting of Texas Instruments' TMS320C55x DSP cores.
Not that it is a new concept, but Yahoo! Inc. is looking to lure video game junkies to its broadband service via a new on-demand service that features content from some of the top game publishers. The gaming service, dubbed Yahoo! Games on Demand, is the first broadband-enabled application Yahoo! has introduced since rolling out its DSL service with SBC Communications earlier this month.
Distributing video over home-based IP networks is the target for ViXS Systems Inc., a start-up technology company based in Toronto, Canada. The company emerged from stealth mode after 18 months to announce that its video networking processor, dubbed "Xcode," is sampling to early, yet unnamed, customers.
JDS Uniphase stock price was teetering near its 52-week low during morning trading, following news that the fiber-optic gear maker cut its first-quarter forecast. Demand for optical networking gear continues to wane, forcing JDS to trim its first-quarter outlook. The company expects to record revenue in the range of $190 million to $200 million, down from an earlier forecast calling for sales b...
Interactive-television software company MetaTV has closed $21 million in financing. Cox Communications Inc. and Comcast Corp. led the round. MetaTV plans to use the funds to further develop its on-demand software, which leverages existing digital, video-on-demand and Internet infrastructure. The software was built using a common operational model for deploying, validating, provisioning, reporti...
Move over WorldCom, Qwest Communications International Inc. is joining the revenue restatement club. The communications giant said it plans to restate $950 million in revenue related to network capacity swaps. The $950 million was booked after Qwest's merger with US West in June 2000. Revenue related to the swaps will be restated from mid-2000 to the end of 2001.
Copyright 2002 Reed Elsevier Inc. Daily Variety…09/19/2002 From LexisNexis EchoStar Communications Corp.'s proposed $18.3-billion purchase of General Motors Corp.'s DirecTV would "at best" reduce competitors for subscription television from three competitors to two, the Justice Department's antitrust enforcement chief told a Senate committee.
People Power Unlimited President Cynthia D'Amour has been tapped to keynote the Society of Cable Telecommunications Engineers 2003 Chapter Leadership Conference (CLC) in February. D'Amour's address will center around the conference's theme, "Good to Great: Enhancing Your Leadership Potential." The CLC is designed as a forum for chapter leaders to get together and network.
Demand continues to wane in the telecom sector, forcing companies to make the hard decision to let some people go. The latest: Equipment manufacturers Alcatel and Ciena make cuts. Roughly 10,000 more Alcatel employees will receive their walking papers over the next 15 months. The French telecom gear maker said it is making the additional cuts to reach its previously announced goal of returning ...
3Com Corp.'s fiscal first quarter results offer a mixed bag. The good news: network gear market narrowed its year-over-year loss. The bad news: revenue plunged 22 percent. The company posted a loss of $32 million, or 9 cents a share, compared to a Q1 2002 loss of $232.4 million, or 65 cents a share. The ongoing slump in the telecom sector dragged down 3Com's quarterly revenue.
Looking to get its hands on some more bandwidth, IDT Corp.'s subsidiary IDT Telecom has snapped up certain Indefeasible Rights of Use and equipment from bankrupt Star Telecommunications. Star originally purchased the assets, which represent long-term capacity on U.S. nationwide fiber networks operated by Qwest and Broadwing, for $68 million in 1998.