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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Mondo TV Suisse SA H1 preliminary production value of 2.6 million Swiss francs ($2.7 million), up 265 percent year on year. H1 preliminary EBITDA of 154,000 Swiss francs, up 56 percent year on year.   reuters.com

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As consumers flock to streaming video services like Netflix, the cable industry has struggled to regularly attract customers to its own online viewing options. This summer, networks and distributors will unite in a marketing campaign to try and change that. Studies show less than half of pay TV subscribers consistently…

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The market for TV stations remained quiet in the second quarter, with deals total just $98.2 million getting done. Combined with radio, broadcast deals totaled $233.3 million in the second quarter of 2015, bringing the first half total to $343.8 million. A year ago, merger and acquisition activity totaled $5.3…

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T-Mobile US Inc will pay $17.5 million to settle a U.S. investigation of two 911 service outages last year, marking the largest such fine levied by the Federal Communications Commission. The FCC on Friday said it found that better safeguards in T-Mobile's 911 network architecture would have prevented the outages,…

Saturday, Jul 18, 2015
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Fusion will look to expand its original programming portfolio with the launch of several documentary series and specials over the next few months.    Among the new docu-series slated for the network is The Cannabusiness Report, a four-part series revolving around the cannabis culture and industry premiering in August; The…

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Hubei Radio & Television Information Network Co Ltd * Says strategic agreement with Sumavision Technologies Co Ltd * Says plans to set up joint venture with investment estimated at 100 million yuan ($16.11 million)   reuters.com

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21st Century Fox’s Fox International Channels sold its interest in MundoFox to RCN Television Group, the other partner in the joint venture. MundoFox launched in 2012 as the third major national broadcaster targeting the U.S. Hispanic market with more than 50 affiliates. "We're proud of having started MundoFox with RCN…

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Sling Media introduced a new model of its TV Everywhere device, the Slingbox, which lets users watch their home cable TV programming via a Internet connection. The new Slingbox M2 is designed to connect users to live and recorded TV content they already pay for on the multiple mobile devices…

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White Sox radio broadcasts will air on WLS-AM 890 beginning next season, the team, in a joint announcement with the Bulls and Cumulus Media, Inc., said Thursday. The Bulls will move to WLS beginning with the 2016-17 season. The agreement runs through 2021 with both teams and includes regular season…

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Xunlei Ltd:Says that it has completed the previously announced strategic divestment of Xunlei Kankan, the Company's online video streaming platform.The Company sold its entire stake in Xunlei Kankan to Beijing Nesound International Media Corp., Ltd. for a total consideration of RMB130 million, of which RMB26 million remains unpaid and will…