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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Hunan TV & Broadcast Intermediary Co Ltd Says plans to invest 100 million yuan to set up joint venture with a technology firm.   reuters.com

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BT has snatched the rights to show the next Ashes series in a reported £80 million five-year deal to screen Australian cricket. It is the latest episode in the battle between BT and broadcaster Sky, which has already seen the telecoms giant muscle in on Sky's dominance of Premier League…

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In yet another example of a consolidating advertising technology sector, Cross MediaWorks has agreed to acquire BlackArrow, a dynamic ad insertion specialist that counts a reach of more than 40 million homes.    BlackArrow, which has been rumored to be on the block for several months, counts several major pay…

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Netflix said that SoftBank and other leading mobile providers in Japan have agreed to integrate the big video streamer into their service when Netflix launches in Japan on Sept. 2. Netflix, which has 65 million subscribers, has been ramping up its international operations. In Japan, plans will cost between $5.38…

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Raycom Media has agreed to acquire the Drewry Communications stations for $160 million. Raycom’s advanced interest in the acquisition was reported in B&C in June. The Drewry family's stations include KXXV Waco, KFDA Amarillo and KSWO Lawton (Okla.). The deal is subject to regulatory approval. Raycom is also acquiring KAUZ…

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A new set-top box from DIRECTV, now part of the AT&T family, makes it possible for more customers to watch 4K Ultra HD (UHD)* programming on nearly any 4K TV. The new 4K Genie Mini, which is about the size of a paperback book, offers full Genie and 4K capability.…

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Live Media Group Holdings announced today that it has finalized definitive agreements to acquire Sure Shot Teleproductions and TL Mobile Television.  Financial terms were not disclosed surrounding these acquisitions.  Both transactions add over 20 employees and eleven HD Production and satellite trucks to Live Media Group Holding's existing operations and…

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Seven West Media chief executive Tim Worner claimed that AFL has major advantages over NRL for television advertisers as the company plunged to $1.89 billion into the red after write-downs but beat analysts' forecasts for underlying profits. Mr Worner, who sat in on the biggest sports rights deal in Australian…

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Broadcasters Seven and Foxtel have retained AFL TV rights in a massive $2.5bn deal. The deal, worth $2.508bn in total, will run from the 2017 season for six years – believed to be the largest sport broadcasting deal in Australia’s history. All nine games will be broadcast live across the…

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Rupert Murdoch has directly intervened and pushed the value of Australian Football League broadcast rights to unprecedented heights, agreeing for News Corporation to pay about $1.3 billion of a record $2.508 billion six-year deal the league has struck. News Corp has joined with Seven West Media and Telstra to sign…