NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

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Comcast Corp., the cable provider that dropped its bid to buy Time Warner Cable Inc. 10 days ago, reported first-quarter profit that beat analysts’ estimates after signing up more Internet customers. Earnings were 79 cents a share, excluding some items, Philadelphia-based Comcast said in a statement. Analysts projected 74 cents,…

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As part of an ongoing collaboration, ARRIS and TiVo have announced that the latter's software and cloud-based services will be ported to the broadcast technology maker's set-top-boxes and gateways. The two companies say that they are committed to offer global service providers a variety of platform options for delivering multiscreen,…

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This past Monday, GoPro announced that it has acquired Kolor, a French company that’s pioneering the use of 360-degree cameras for immersive virtual reality. The company develops software for creating panoramas, virtual tours, and 360-degree videos. Here’s a “Land, Air, and Sea” virtual reality experience that GoPro released on YouTube.…

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The NEP Group has snapped up OB companies Outside Broadcast and RecordLab TV and Media as the US-headquartered firm continues with its recent run of acquisitions. Based in Belgium, Outside Broadcast provides OB services and studio production through its Insight Studios division. It also supplies ENG kit, news crews and…

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Publisher plans 3,000-square-foot studio in new Lower Manhattan Time Inc. placed its advertisers front and center during its second NewFront presentation this morning at the Hudson Theater in Midtown Manhattan. Since last year's NewFronts, Time Inc. has delivered more than 1 billion video streams, with year-over-year unique views up 78…

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Satellite broadcaster holds off Channel 4 challenge by extending its existing deal with Viacom Sky has struck a deal to handle Channel 5’s £250m TV ad sales business, thwarting Channel 4’s hopes of expanding its own advertising sales operation. The satellite broadcaster has extended its existing deal with Viacom, which…

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Spain approved new rules on Thursday under which the television rights to show Spanish soccer will be pooled and sold collectively. This ends the previous system in which rights were sold by individual clubs and could lead to a sharp price increase for broadcasters. The previous system heavily favoured big…