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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Rovi Corporation announced that it has entered into an extension of its existing Interactive Program Guide License and Distribution Agreement and Patent License Agreement with Time Warner Cable Inc. “We are pleased to continue our business relationship with Time Warner Cable,” said Tom Carson, Rovi’s president and chief executive officer.…

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Talks between Vodafone and cable company Liberty Global, owner of Virgin Media, have ended. The pair had been in talks since June over combining their mobile and cable networks in the British, German and other European markets, either through asset swaps, a merger or a takeover. Vodafone shares fell as…

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The National Telecommunications & Information Administration is marking the end this week of its $4 billion Broadband Technology Opportunities Program (BTOP) broadband subsidy program under the 2009 Recovery Act, declaring it a success. In a speech at a BroadbandUSA regional broadband workshop in Portland, Me., Monday, NTIA head Lawrence Strickling…

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Nexstar Broadcasting Group Inc offered to buy Media General Inc (MEG.N) in a $4.1 billion deal that could derail Media General's planned acquisition of Meredith Corp (MDP.N). Nexstar, whose private offer for Media General on Aug. 10 was rejected, said on Monday that the deal would create the second-biggest local…

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Sprint has decided to skip a major auction of low-band spectrum in a move that could save the company billions of dollars but make it harder to compete against cellular market leaders Verizon Wireless and AT&T. Sprint has more spectrum than the other major nationwide carriers, but not as much…

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Comcast NBCUniversal said that it agreed to purchase 51% of Universal Studios Japan for $1.5 billion. The current owners--including Goldman Sachs, Universal Studios Japan CEO Glenn Gumpel, MBK Partners and Owl Creek Asset Management--will retain a minority stake. Universal Studios Japan currently operates as an independent company under license from…

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EMCORE Corp. ( EMKR ) said it has expanded its offerings of laser diode and Avalanche Photodiode or APD optical chips for the high-speed telecom Gigabit Passive Optical Network Fiber-To-The-Home market and uncooled digital datacom applications. The company is a provider of Indium Phosphide or InP optical chips, components, subsystems…

Saturday, Sep 26, 2015
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Rentrak, the leader in precisely measuring movies and TV everywhere, today announced it has acquired SponsorHub, the premiere Big Data platform for the sports and entertainment industry, offering proprietary social media measurement for sports, political and advertising brands. SponsorHub offers the most trusted industry benchmarking for top brands in the…

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MatrixStream Technologies is starting to pitch operators on its new MatrixCloud 4K over-the-top IPTV network DVR platform. The turnkey service is bundled as part of MatrixStream’s IPTV software as a service offering and includes the IMX X1M DVR recording server and IMX X1s NDVR storage system. It is designed to…

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The FCC's media ownership rules are supposed to foster competition, localism, and diversity, but do none of those things according to Gerry Waldron, counsel to the National Association of Broadcasters. That is according to Waldron's testimony for a Sept. 25 House Communications Subcommittee hearing on broadcast media ownership rules. He…