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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Atlantic Broadband, a Quincy-based telecom company, is paying $200 million for MetroCast Communications of Connecticut. MetroCast delivers serves 22,000 TV, 22,000 Internet and 8,000 phone customers in New London and eight other communities in eastern Connecticut. Atlantic Broadband, a wholly owned subsidiary of Montreal-based Cogeco Cable Inc., presently offers cable…

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Internet television service Netflix plans to expand into Italy and Portugal later this year, the company said on Saturday, as part of a bid to expand its popular streaming TV service to some 200 countries worldwide within two years. The Silicon Valley-based company said that, starting in October, Internet users…

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Football fans will need to pay at least an extra £5 a month to watch the Galacticos of the Champions League after BT unveiled its first move into the traditional pay-TV market to challenge the stronghold by Sky on the wallets of football fans. The full pack of BT sports…

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India's Sun TV Network Ltd sinks as much as 27.8 pct to lowest sine July 2012. A media report says India's ministry of home affairs has blocked renewal of Sun's broadcasting licence. The group has received no correspondence from home ministry on the matter, Sun Group CFO SL Narayanan tells…

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Comcast has acquired Visible World, a tech company in the addressable and programmatic advertising business. “For more than a decade, we have been focused on developing a portfolio of solutions that offer a wide variety of services to a wide range of customers,” Visible World CEO Seth Haberman said on…

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The Federal Communications Commission approved a change on Wednesday that lets cable companies raise rates on consumers without first seeking approval from local governments. The vote is a victory for the cable industry, which has been on a losing streak at the FCC in recent months on a host of…

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Online news startup Rivet Radio announced today that it’s raised a total of $3.6 million in funding to date from multiple investors including The Associated Press, Ringleader Ventures, and Chicago venture capitalist Steve Miller. Founded in 2013, the Chicago-based startup serves up a personalized list of local, national, and world…

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NBC has locked up another leg of horse racing’s Triple Crown, agreeing to a multi-year extension with The New York Racing Association for the Belmont Stakes. The renewal extends the partnership, which began in 2001, and since such time, NBC has televised nine of the past 14 Belmont Stakes (2001-05,…

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Sony is expanding its line of compact professional camcorders with the announcement that launch a new HXR-NX100 with a 1.0” type sensor. The model is viewed as an entry level professional camera for web content creation, student filmmaking, documentary and event video production. Sony expects to start shipping the camera…

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Spending on online advertising is set to overtake expenditures on broadcast television this year, becoming the largest media category, according to a new forecast. Online ad spending will climb to $41.8 billion this year from $37.5 million in 2014, according to an annual study by FTI Consulting, which projects online…