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Digital VideoVerizon FiOS TV Service Adds Here ProgrammingAuthored by Mark Hefflinger on December 11, 2006 - 4:21pm.
New York - Premium gay TV network Here announced on Monday that its programming is now available on Verizon's FiOS TV fiber-optic digital TV service. Verizon's FiOS TV, which offers nearly 400 digital video and music channels, is now available in parts of California, Florida, Maryland, Massachusetts, New York, Virginia, and Texas.
Fox to Sell Pre-Air TV Shows on DirecTV Digital Video RecordersAuthored by Mark Hefflinger on January 5, 2006 - 7:11am.
Las Vegas - Fox Entertainment Group announced on Thursday that it has signed an agreement with satellite TV provider DirecTV, to sell downloads of TV programs to DirecTV digital video recorder -- both after they are broadcast and before they air for the first time on TV. Beginning in March, Fox will offer episodes of select FX series a day or two before their first broadcast for $2.99 each. Later this year, Fox will offer downloads of episodes of "The Shield," "Rescue Me," "24" and "Prison Break" for about a week following their initial broadcast, for 99 cents each. "For the very first time, viewers will be able to watch their favorite shows before the rest of the world," said News Corp president and COO Peter Chernin. "And we now have the ability to create different cuts of our programs for the pre-air audience -- versions with additional scenes and materials not included in the network broadcast -- something entirely new."
TiVo to Launch Digital Video Recorder Service in TaiwanAuthored by Mark Hefflinger on November 29, 2005 - 9:45am.
Alviso, Calif. - TiVo and TGC, its exclusive distribution partner in the China, Hong Kong, Taiwan, Singapore and Macao TV markets, announced on Tuesday that the first TiVo digital video recorders will soon go on sale in Taiwan. TiVo, which owns a significant minority interest in TGC, added that cable TV penetration in Taiwan is now over 80%. "TGC's launch in Taiwan is yet another step in our mission to expand the TiVo experience to high value, wired markets around the world," said TiVo CEO Tom Rogers.
Drugstore Chain CVS Offers First Disposable Digital Video CameraAuthored by Mark Hefflinger on June 7, 2005 - 10:43am.
Woonsocket, R.I. -- CVS, the second-largest drugstore chain in the U.S., announced that it has begun selling the first disposable digital camcorder, a $29 device that can be used to capture up to 20 minutes of video. For an additional $12.99, the video footage may then be turned into a DVD by CVS that includes a main menu and individually-titled scenes. Developed by San Francisco-based Pure Digital Technologies, the camcorder sports a 1.4-inch color playback screen, and includes the ability to delete unwanted footage. CVS said the camcorders are now on sale in 1,400 of its stores, and will be offered in 4,500 stores by the end of June.
Report: Digital Video Recorder Shipments, Subscriptions Rise SharplyAuthored by Mark Hefflinger on May 25, 2005 - 6:24am.
Scottsdale, Ariz. -- U.S. shipments of digital video recorders rose sharply during the past year, from 4.6 million in 2003 to 11.4 million in 2004, brought about by increased consumer awareness of the ability to time-shift TV programs, according to a report from Arizona-based market research firm In-Stat. Household subscriptions to digital video recorder services, such as those offered by TiVo and satellite and cable TV providers, also rose about 155% -- from 3.6 million in 2004 to 9.2 million in 2005. "The deployment of PVR products has been a success story for both pay-TV service providers and consumer electronics manufacturers," said In-Stat analyst Mike Paxton. "While the current growth of PVRs is being spurred by satellite TV set top box products and DVD recorders with built-in hard disk drives, other product segments like cable TV set top box-based PVRs are also flying off the shelves." Worldwide digital video recorder product revenues have also spiked, from $2.1 billion in 2003 to $4.3 billion in 2004; In-Stat noted that North America remains the largest digital video recorder market, followed by Japan.
Magnum Semiconductor Acquires Cirrus Logic Digital Video AssetsAuthored by Mark Hefflinger on May 25, 2005 - 6:21am.
Austin, Texas -- Cirrus Logic, a manufacturer of chips for consumer and commercial audio, automotive entertainment and industrial applications, announced on Wednesday that it has sold its digital video product line to Magnum Semiconductor, a company formed by an investment group led by Investcorp and August Capital. Although financial terms of the deal were not disclosed, Cirrus said it will maintain a minority equity stake in Magnum, and record a charge of $7 million associated with exiting existing facility leases, and professional fees related to the deal. Austin-based Cirrus will now focus on its product lines for audio and industrial markets, while Magnum Semiconductor will focus on digital video chips for consumer applications such as DVD recorders, hard disk-drive-based camcorders and network media adapters; Cirrus customers included LG, Samsung and Sony.
EchoStar Sues TiVo, Humax for Infringing Digital Video Recorder PatentsAuthored by Mark Hefflinger on May 5, 2005 - 10:10am.
Littleton, Colo. -- EchoStar Communications, which operates the DISH Network satellite TV service, has filed patent infringement claims against TiVo and Humax, two makers of digital video recorders that let viewers pause and record live TV. The suit comes after TiVo filed its own lawsuit against EchoStar in early 2004, claiming the company is infringing on its digital video recording patent; that case is headed for jury selection on Oct. 4. Littleton, Colorado-based EchoStar's suit, filed on April 29 in a Texas District Court, alleges that TiVo and Humax are infringing on four of its patents.
Digital Video Firm Harmonic to Raise Up to $126.6 Million in OfferingsAuthored by Mark Hefflinger on April 5, 2005 - 3:51am.
Sunnyvale, Calif. -- Harmonic Inc., a developer of digital video systems, on Monday filed with the Securities and Exchange Commission to raise up to $126.6 million through the sale of stock, debt and warrants. Under the company's shelf registration, the company can raise the money in several different offerings. The company also on Monday introduced technology that allows for the delivery of ultra high-speed, commercial grade Internet access and other services to commercial customers. The technology will allow cable operators to transport bandwidth-intensive multimedia services for large business, government and education customers through the same infrastructure that carries residential video, voice and data services.
Report: Digital Video Recorders to Reach 20% of European Homes by 2008Authored by Mark Hefflinger on November 1, 2004 - 9:29am.
London -- Twenty percent of Western European homes will have digital video recorder (DVR) services like TiVo by 2008, offering a cost-effective alternative to true video-on-demand, according to a report from Boston-based market research firm Yankee Group. The firm noted that high subscription fees initially might deter users from existing services like Sky+ and Pilotime, which themselves will be aided by set-top box price cuts. "DVR services will be more widely and frequently used by digital TV subscribers than regular video-on-demand offerings that are limited to the less ubiquitous cable and broadband platforms," said Yankee Group senior analyst Jonathan Doran. In a separate report released on Monday, Yankee Group predicted that annual video-on-demand and near video-on-demand revenue in Western Europe will increase fivefold by 2008, to $2.8 billion. "Both video-on-demand and DVR will coexist as complementary options for digital TV customers," said Yankee Group's Doran. "Given the fact that substantial demand for true video-on-demand remains unproven, many cable operators will also keep their options open by not committing to a single on-demand strategy, offering customers a choice of video-on-demand, DVR or both."
Report: 28 Million Digital Video Recorders to Ship in 2008Authored by Mark Hefflinger on March 30, 2004 - 3:53am.
Framingham, Mass. -- Aided by heavy investment by satellite and cable TV providers in set-top boxes that offer digital video recording, worldwide unit shipments of digital video recorders are forecasted to climb to more than 28 million in 2008, with a compound annual growth rate of 46.9% between 2003 and 2008, according to a report from Massachusetts-based market research firm IDC. At the end of 2003, there were 3.2 million U.S. households with the devices, with manufacturer TiVo owning 39% of the market. "For the first time the DVR vendors are getting through to people and showing them that these devices are more than just high-priced VCRs," said IDC senior research analyst Greg Ireland. "The pay TV providers can take a lot of the credit, and reap the rewards, for finally breaking through to consumers." IDC noted that devices that combine a digital video recorder with a DVD recorder -- which allows programs to be burned to DVD -- will account for nearly 40% of the market by 2008, shipping a projected 11.3 million units.
Report: Global Digital Video Recorder Revenues to Hit $5.6 Billion by 2008Authored by Mark Hefflinger on March 17, 2004 - 5:12am.
London -- Over 2.7 million digital video recorders were sold worldwide in 2003, an annual sales figure expected to grow to 27.6 million by 2008, when the market will support annual revenues of $5.6 billion, according to projections from market research firm Strategy Analytics. A market share breakdown by manufacturer shows that Scientific-Atlanta increased its share of the digital video recorder market to 25% last year, equal to satellite TV provider EchoStar (25%) and ahead of Pace Micro Technology (10%), Hughes Network Systems (10%) and Motorola (7%). The firm indicated that other firms like Sony, Samsung, Pioneer and Philips must "improve their focus with service providers if they are to make any impression on this rapidly growing market." A total of 71.5 million digital video recorders are projected to be in use worldwide by 2008.
TiVo Announces $50 Price Cut on Digital Video RecordersAuthored by Mark Hefflinger on February 2, 2004 - 1:58am.
San Jose, Calif. -- TiVo, a maker of digital video recorders and provider of associated services, announced on Monday a $50 price cut for its devices that will lower the cost of its Series 2 DVRs to $199 for a 40-hour model and $299 for an 80-hour model. Separately, the company said that the "wardrobe malfunction" incident at the conclusion of the Super Bowl halftime show on Sunday evening accounted for "the biggest spike in audience reaction TiVo has ever measured," as "viewership spiked up to 180 percent as hundreds of thousands of households used TiVo … to view the incident again and again."
Digital Video Firm Focus Acquires Visual Concepts, COMO for $10.7 MillionAuthored by Mark Hefflinger on January 28, 2004 - 2:20am.
Campbell, Calif. -- Focus Enhancements, a developer of digital video chips and video production equipment, announced on Wednesday that it has acquired Minnesota-based networked digital video systems maker Visual Circuits Corporation for $8.9 million, and also signed a letter of intent to acquire German video content management firm COMO Computer & Motion for $1.8 million. "These complementary acquisitions expand our ability to provide a much wider range of the digital media workflow -- from capture, conversion and creation to content management, storage and presentation," said Focus president and CEO Brett Moyer. "The acquisitions also improve our ability to support and broaden the European market, as well as extend our customer base to include large private video network deployments in retail, healthcare and entertainment markets."
Digital Video Delivery System Firm Harmonic Prices $66.6 Million OfferingAuthored by Mark Hefflinger on October 30, 2003 - 9:02am.
Sunnyvale, Calif. -- Harmonic, a provider of digital video, broadband optical networking and IP delivery systems to cable, satellite, telecom and broadcast network operators, said on Wednesday priced its $66.6 million public offering, agreeing to sell 9 million of its shares at $7.40 each. The company increased the size of the offering after originally filing to sell 7.5 million shares. The company's stock jumped 8% in Wednesday's trading.
Web-Accessible Digital Video Developer LiveWave Raises $4 MillionAuthored by Mark Hefflinger on October 29, 2003 - 9:09am.
Newport, R.I. -- LiveWave, a developer of digital video and camera control systems, announced that it has raised $4 million in its fourth round of venture capital, led by Zero Stage Capital. Rhode Island-based LiveWave has recently added some key government customers including the U.S. Department of Homeland Security, the U.S. Navy and the New York Police Department. The company's technology allows users to view video and control cameras on standard PCs and wireless mobile handheld devices. Its customers also include commercial broadcasters such as Fox Sports, NBC News, Time Warner and Discovery.
Digital Video Chipmaker Techwell Raises $20 Million in Fifth RoundAuthored by Mark Hefflinger on October 8, 2003 - 4:50am.
San Jose, Calif. -- Techwell, a maker of digital video semiconductors, said on Tuesday that it has raised $20 million in its fifth round of funding, led by Technology Crossover Ventures. Hiro Kozato, the CEO of Techwell, said that the capital will allow his company to "significantly expand" its sales and engineering support capabilities. Founded in 1997, Techwell designs digital video chips for televisions, PCs and consumer electronics. Its semiconductors enable the conversion of analog video sources to digital form.
Stealth-Mode Digital Video Developer KMV Raises $18 MillionAuthored by Mark Hefflinger on May 5, 2003 - 8:00am.
Austin, Texas -- KMV Technologies, a developer of "next-generation video communication products and services," on Monday announced that it has raised $18 million in its first round of venture capital financing. The round was co-led by Austin Ventures, Norwest Venture Partners and Redpoint Ventures. The stealth-stage company, founded in January 2003, is currently developing digital videoconferencing technology. The new funds will enable the company to expand its engineering and marketing teams, as well as bring the first release of its products and services to market.
TiVo Subscriber Base Grows 64% in 2002 to 624,000Authored by Mark Hefflinger on March 7, 2003 - 1:37am.
San Jose, Calif. -- Digital video recorder manufacturer TiVo announced that the company's subscriber base for its service grew 64 percent during 2002, adding 115,000 during the fourth quarter to end the year with a total of 624,000 subscribers. The company said it expects to add 450,000 to 600,000 subscribers in its fiscal year 2004, so that it counts well over 1 million subscribers by Jan. 31, 2004. "TiVo achieved important milestones during the year," said TiVo CEO Mike Ramsay. "We delivered record subscriber growth, we added important consumer electronics companies who have licensed TiVo technology and will deliver TiVo products this year, and we accomplished a key financial objective in Q4, reporting positive cash flow for the quarter."
TiVo Exiting U.K. Market for Digital Video RecordersAuthored by Mark Hefflinger on February 5, 2003 - 4:01am.
San Jose, Calif. -- TiVo, a developer of digital video recorders that let viewers pause and record live television, said that it will no longer supply its products to the U.K. market. Products at retail will remain on shelves and current owners will still receive service and repair, but TiVo will ship no new devices to the U.K. "Unfortunately we no longer have any stock of the Thomson Digital Video Recorder. This is as a result of Thomson's contract to manufacture the units for the U.K. market coming to an end," TiVo said in a statement. TiVo currently claims around 500,000 subscribers in the U.S., and has licensed its digital video recorder technology to firms including Sony and Toshiba. http://www.tivo.com
President of Digital Video Recorder Firm TiVo Steps DownAuthored by Mark Hefflinger on January 22, 2003 - 5:29am.
San Jose, Calif. -- TiVo, a manufacturer of digital video recorders for television, announced on Tuesday the resignation of its president Morgan Guenther at the end of the month. The reason for the departure was not provided. TiVo said it has already initiated a search for a senior executive to oversee the business development areas that are managed by Guenther.
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