Sling adopts Widevine's DRM
EchoStar Technologies and sister company Sling Media said they will adopt Widevine's digital rights management (DRM) technology to protect content delivered by SlingLoaded consumer devices, including set-top boxes.
Mark Jackson, president of EchoStar Technologies, said, "This collaborative solution gives cable, satellite, telco or other service providers seeking a multi-screen solution another layer of industry-accepted security for place-shifting home TV content to PCs, Macs and other consumer electronics."
Widevine's platform is natively supported in nearly all major brands and types of network-connected consumer electronics, including televisions, Blu-ray players, mobile devices, gaming systems and more, the company noted.
EchoStar and Widevine will be at the CableLabs Summer Conference next week.
In May, it was announced that Widevine will be providing DRM and video optimization for Dish Network when the satellite provider launches its TV Everywhere service later this year.
EchoStar Technologies is a subsidiary of EchoStar Corp., which makes equipment such as set-top boxes for satellite TV providers. EchoStar Corp. reported a second-quarter loss Monday even though revenue climbed, as the year-ago quarter included a large gain on an investment.
For the April-June quarter, EchoStar's loss totaled $41.5 million, or 49 cents per share, compared with a profit of $101.8 million, or $1.18 per share, in the year-ago quarter.
Analysts surveyed by Thomson Reuters expected a loss of 2 cents per share.
In the second quarter last year, EchoStar's bottom line received a boost from a $110.1 million gain on an investment.
Revenue rose 57 percent to $603 million – much higher than the $479.4 million analysts were looking for.
EchoStar shares fell 7 cents to $19.58 in after-hours trading. During regular trading, the stock fell 67 cents, or 3.3 percent, to finish at $19.65.
– The Associated Press contributed to this report