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InteractiveGSN to Premiere Interactive TV Show "Bingo America"Authored by Mark Hefflinger on January 31, 2008 - 1:10pm.
Santa Monica, Calif. - GSN, a cable TV network joint venture between Sony Pictures Entertainment and Liberty Media, on Thursday announced plans for "Bingo America," a new interactive TV trivia and game show slated to premiere on March 31. Viewers will be able to download free bingo cards online and play along with on-air contestants, answering trivia questions in return for bingo letters. An instant win Bonus Game at the end of the show will also let users receive bonus numbers via text messaging on their cell phones. PixelPlay Creates Olympics Interactive TV App for DISH NetworkAuthored by Mark Hefflinger on February 16, 2006 - 8:15am.
New York - PixelPlay, a developer of interactive TV programming, announced on Thursday that it has created an interactive TV application for use with satellite TV provider DISH Network's 2006 Winter Olympics coverage. The application lets viewers click to receive up-to-the-minute medal counts, TV listings, athlete biographies and a Team USA report.
DISH Network Launches CNN Interactive TV ChannelAuthored by Mark Hefflinger on February 13, 2006 - 11:21am.
Atlanta - CNN announced on Monday that it has launched an interactive TV news service on the DISH Network satellite TV service, which is operated by EchoStar Communications. The CNN Enhanced TV service, created by interactive TV developer OpenTV, includes TV news coverage from CNN and online content from CNN.com, and offers viewers the ability to vote in online polls and view on-air schedules.
Buzztime Interactive TV Games Launch on Blue Ridge CableAuthored by Mark Hefflinger on February 13, 2006 - 10:51am.
Carlsbad, Calif. - NTN Buzztime, a developer of interactive TV trivia and other games found in bars and restaurants, on Monday announced the launch of its Buzztime Network cable TV interactive games service with Blue Ridge Communications' 30,000 digital cable subscribers. Titles available include Buzztime's new interactive TV multiplayer Texas Hold'em and Billiards games.
Interactive TV Firm RedLynx Gets Investment from 3i GroupAuthored by Mark Hefflinger on February 9, 2006 - 3:22am.
London - lU.K.-based 3i Group Plc, the largest publicly traded private equity firm in Europe, announced that it has made a small investment in RedLynx, a Finland-based start-up that provides interactive TV programming to broadcasters in more than 20 countries. Although financial terms were not disclosed, 3i did say that it has acquired a 12.5% stake in RedLynx. The Finnish firm, which last year had more than $3.6 million in turnover, said it would use the funds for international expansion.
PixelPlay to Develop World Poker Tour Interactive TV GamesAuthored by Mark Hefflinger on February 6, 2006 - 5:00am.
New York - PixelPlay, a developer of interactive TV games and entertainment, announced on Monday that it has signed a license agreement with WPT Enterprises, for the rights to develop and publish World Poker Tour-branded casino games for interactive TV platforms. New York-based PixelPlay's first titles will include two single-player interactive Texas Hold 'Em games and a multiplayer interactive Texas Hold 'Em game, with additional titles planned for release in 2007.
Jay Mohr to Host 9th Annual Interactive Achievement AwardsAuthored by Mark Hefflinger on January 18, 2006 - 3:57am.
Calabasas, Calif. - The Academy of Interactive Arts and Sciences (AIAS) announced on Wednesday that comedian Jay Mohr will host the 9th Annual Interactive Achievement Awards, which will recognize the best video games of the past year and their creators. The awards ceremony will be held on Feb. 9 at the Hard Rock Hotel and Casino in Las Vegas.
Zone 4 Play Launches First Multiplayer Texas Hold'em for Interactive TVAuthored by Mark Hefflinger on November 22, 2005 - 10:51am.
Wilmington, Del. - Zone 4 Play, a developer of interactive TV games, announced on Tuesday that it has launched what it says is the first interactive TV multiplayer Texas Hold'em poker game. Currently available on Sky's Five channel, the game will also be made available on three additional channels later this year.
Interactive Ad Technology Firm Right Media Raises $7.25 MillionAuthored by Mark Hefflinger on June 13, 2005 - 9:45am.
Menlo Park, Calif. -- Right Media, a New York-based developer of interactive advertising technology, said on Monday that it has raised a minimum of $7.25 million of venture capital from Redpoint Ventures. Founded two years ago, Right Media earlier this year launched its ad serving and management platform, which supports dynamic pricing. The technology is designed to improve results for advertisers and maximize the value of website ad inventory. This is Right Media's first round of venture capital. The company said that it will use the funds for research and development and to hire marketing and client service professionals.
Report: Interactive Advertising Sales Total Record $2.7 Billion in Q4Authored by Mark Hefflinger on February 23, 2005 - 4:26am.
New York, N.Y. -- The Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers (PwC) announced on Tuesday that Internet advertising totaled nearly $2.7 billion in the fourth quarter of 2004, the highest quarterly revenue ever reported by the IAB. Estimates for the full-year 2004 totaled just under $9.6 billion -- a 32% increase over full-year 2003 ($7.3 billion). Sales in the fourth quarter of 2004 increased 24% over the fourth quarter in 2003 ($2.2 billion) and were about 17% higher than third quarter of 2004 ($2.3 billion), the report said.
Interactive TV Games Developer Zone4Play Raises $1 MillionAuthored by Mark Hefflinger on August 18, 2004 - 2:24am.
Wilmington, Del. -- Zone4Play, a developer of games for interactive TV, cell phones and the Internet, announced on Wednesday that it has raised $1 million in a private placement of its shares with a group of undisclosed investors. Delaware-based Zone4Play has developed games and applications for customers including Cablevision, TwoWay TV, NTL, LodgeNet and Orange. The company will use the funds to accelerate product development and to expand into emerging markets. "We have recently signed revenue-sharing agreements with major TV platforms and hospitality providers as well as partnering agreements with leading content brands to adapt their games for iTV markets," said Zone4Play CEO Uri Levy. "We are moving forward with our plans for multiplayer games on all interactive channels. Zone4Play anticipates forming additional joint ventures with new business partners shortly."
Interactive TV Firm Liberate Technologies Files for BankruptcyAuthored by Mark Hefflinger on May 3, 2004 - 3:28am.
San Mateo, Calif. -- Liberate Technologies, a provider of interactive TV software and services, announced on Friday that it has filed for Ch. 11 bankruptcy, in order to "resolve certain outstanding liabilities, reduce costs and strengthen its financial position," the company said. Liberate, which makes software used in advanced cable TV set-top boxes, reported $222.3 million in cash and short-term investments and $21.7 million in liabilities. The company has recently suffered an SEC probe into its accounting practices and management turnover, but said it expects to emerge from bankruptcy within 4-6 months.
Ask Jeeves to Acquire Interactive Search Holdings for $343 MillionAuthored by Mark Hefflinger on March 5, 2004 - 6:42am.
Emeryville, Calif. -- Shares of Ask Jeeves, a web search engine provider, surged 40% on Thursday after the company announced that it has agreed to acquire New York-based Interactive Search Holdings (ISH), a privately held online search and media company. Terms of the deal include $150 million in cash and 9.3 million shares of common stock and options, for a total of $343 million, based on Ask Jeeves' closing price on Wednesday. "This acquisition will enable us to combine Ask Jeeves' proven strengths in user experience, search technology and brand development with ISH's strengths in distribution and direct marketing," said Steve Berkowitz, the CEO of Ask Jeeves. ISH's web properties and businesses include My Way, My Search, My Web Search, iWon, Excite and the MaxOnline advertising network. The company processed about 700 million web searches in the fourth quarter, according to comScore Media Metrix. This compares to 680 million searches on Ask Jeeves' sites during the same period.
Eidos Acquires Danish "Hitman 2" Developer IO Interactive for $42 MillionAuthored by Mark Hefflinger on March 4, 2004 - 6:49am.
London -- U.K.-based video game developer Eidos announced on Thursday that it will acquire Denmark-based developer IO Interactive, creators of titles like "Hitman 2" and "Freedom Fighters," for $42 million. The purchase price could increase to $51 million, based on a four year, performance based earn-out. Eidos, known for its "Tomb Raider" game franchise, said the acquisition of IO increases its internally owned intellectual property and strengthens its European creative base and resources for development.
Interactive TV Firm GoldPocket Acquires U.K.-Based WatchPoint MediaAuthored by Mark Hefflinger on May 5, 2003 - 8:05am.
Los Angeles -- GoldPocket Interactive, a producer of two-way interactive TV programming, announced on Monday that it has acquired U.K.-based WatchPoint Media, a developer of interactive TV authoring software. Financial terms of the transaction were not disclosed. The purchase marks Los Angeles-based GoldPocket's entry into the European market, where it will have headquarters in London overseen by Matt West, WatchPoint's vice president of sales and marketing. WatchPoint's StoryTeller allows content producers to create interactive TV applications that may be easily published to multiple platforms. GoldPocket has produced and delivered more than 4,000 hours of iTV programming for major networks and media companies including CBS, PBS, Fox, Sony and The WB. http://www.goldpocket.com/corporate/interactive.aspx?pageID=20&newsID=56
Corporate Webcasting Firm Interactive Video Technologies Gets $8 MillionAuthored by Mark Hefflinger on April 23, 2003 - 10:14am.
New York -- Interactive Video Technologies (IVT), a provider of corporate webcasting services, announced that it has raised $8 million in its latest round of venture capital financing, provided by Cisco Systems and Tudor Ventures. New York-based IVT provides customers including Charles Schwab, Sun Microsystems, British Telecom and Intel with technology used to build, deploy, manage and measure live and on-demand webcast presentations to increase employee productivity and improve communication with their employees, customers, partners and vendors. The company will use the financing to accelerate growth and for product development, sales and marketing efforts. http://www.ivtweb.com http://www.ivtweb.com/pdfs/IVT%20Press%20Release_4-22-03.pdf
Interactive TV Firm Liberate Hires Former InterTrust Chief ExecutiveAuthored by Mark Hefflinger on March 18, 2003 - 4:49am.
San Carlos, Calif. -- Liberate Technologies, a provider of interactive TV software and services, on Monday named David Lockwood as chairman and CEO. Lockwood, a venture capitalist and Liberate investor who most recently served as the president and CEO of InterTrust Technologies, takes over for Mitchell Kertzman, who will remain on the board. The company also named former InterTrust chief financial officer Greg Woods as its new CFO, replacing Kent Walker. San Carlos, Calif.-based Liberate is currently the subject of a formal SEC investigation into its accounting practices, and was delisted from the Nasdaq earlier this year.
Vivendi Universal Games Acquires Game Publisher Fox InteractiveAuthored by Mark Hefflinger on March 14, 2003 - 5:15am.
New York -- Vivendi Universal Games announced that it has acquired Fox Interactive, the video game publishing arm of Fox Filmed Entertainment. Financial terms of the transaction were not disclosed. As part of the deal, New York-based VU Games will publish and distribute all Fox Interactive titles that do not already have other arrangements. Fox Interactive has published titles based on 20th Century Fox films and television properties including "Aliens," "Predator," "Die Hard," "Independence Day," "The Simpsons," "The X-Files" and "Buffy the Vampire Slayer." Debt-laden Vivendi Universal is also reportedly looking to sell off part or all of its VU Games division.
AOL to End Production of Set-Tops for AOLTV Interactive TV ServiceAuthored by Mark Hefflinger on February 19, 2003 - 2:54am.
New York -- America Online has confirmed that it will stop producing new set-tops for its AOLTV interactive TV service. The service will still be available to existing subscribers, but production of the Philips set-tops that power the service ceased in November. "The choice was based on not a lot of interest going forward in continuing to develop that particular platform," AOL spokeswoman Anne Bentley told CNET News.com. The AOLTV service offered subscribers a relatively inexpensive means of accessing email and instant messaging through their televisions. Plans with TiVo to introduce a set-top with integrated digital video recording capacity were scrapped last year. An AOL source also told News.com that the AOLTV unit was "hit particularly hard" in recent layoffs at the company.
Vitaminic Merges With Interactive Mobile Services Firm BuongiornoAuthored by Mark Hefflinger on February 6, 2003 - 3:53am.
Milan -- Vitaminic, an international online music distribution network, announced that it has agreed to merge with Italian interactive mobile service provider Buongiorno Group. Financial terms of the transaction were not disclosed. The Buongiorno Group reaches around 30 million customers, distributing content to wireless network operators in Italy and Spain, as well as the U.K., France, Germany and Austria. "The merger with Buongiorno represents an outstanding step forward in pursuing Vitaminic's strategy, whose major objective is to reach an undisputed leadership in Europe's digital content distribution through electronic networks," said Vitaminic CEO Gianluca Dettori. "Thanks to the synergies between Buongiorno's distribution and marketing platform and Vitaminic's assets and multimedia content, the merger will create a brand new operator, with a unique competitive position, ready to exploit the great opportunities of upcoming broadband and third generation networks." The merged company expects to break even in 2003, with projected revenues between $56 and $61 million. http://www.vitaminic.it/cgi-php/get_press.php3?file=about_press_211_1.doc
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