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.

news

AT&T has launched its fiber-based, 1-Gig-capable “GigaPower” service in parts of Chicago, where the telco competes with Comcast and RCN Corp.    AT&T said it will initially offer GigaPower in parts of Elgin, Oswego, Plainfield, Skokie, Yorkville and “surrounding communities located throughout the metro area.” AT&T estimates that it has…

news

Former Chairman of Walt Disney Studios Dick Cook has announced the formation of Dick Cook Studios and said Citic Guoan, a unit of the giant Chinese conglomerate Citic would invest $150 million in the studio. Based in Los Angeles, Dick Cook Studios will focus on the development, production, marketing and…

news

The U.S. Federal Communications Commission is "on track" to hold the incentive auction of broadcast TV airwaves in early 2016, Chairman Tom Wheeler said on Wednesday. The FCC will begin accepting auction applications in fall 2015, Wheeler said while speaking at the National Association of Broadcasters Show in Las Vegas.…

news

 Verizon Communications Inc. said its FiOS service will offer new TV packages aimed at giving customers flexibility to purchase only certain groups of channels they want to watch, the latest sign of how pay-TV providers are adapting to stepped-up competition. Starting April 19, consumers will be able to sign up…

news

A consortium of private equity firm TPG Capital LP and Chinese conglomerate Fosun International Ltd is in the final stages of negotiations to acquire Cirque du Soleil, according to people familiar with the matter. TPG and Fosun have prevailed in an auction for the world's largest theatrical production company over…

news

The Federal Communications Commission is exploring whether to ease limits on foreign ownership of broadcasters, a change that could boost investment in U.S. TV and radio stations, the agency’s chairman said. Relaxing rules that now limit foreign ownership of broadcasters to 25 percent or less is “a goal worth pursuing,”…

news

Nine Entertainment Co. surged by the most in seven weeks after the Australian broadcaster agreed to sell its events business to Affinity Equity Partners Ltd. funds for A$640 million ($491 million). The stock rose 3.7 percent to A$2.23 at the close in Sydney, the most since Feb. 26. The shares…

news

One of the most talked-about American TV dramas this fall might air in France and Germany before it broadcasts in the United States. On Monday, NBCUniversal announced that it has entered into a deal with German media company Mediengruppe RTL Deutschland and French communications company TF1 to develop up to…

news

Artel Video Systems, an employee-owned global provider of broadcast-quality video transport solutions, today announced successful interoperability between Artel's DigiLink media transport platform and the SX1012 switch system from Mellanox(R) Technologies, Ltd., a leading supplier of high-performance, end-to-end interconnect solutions. The interoperability enables transport of uncompressed HD-SDI streams over an Ethernet…

news

French transmitter network operator TDF and Italian public broadcaster RAI have launched the world’s first field trials of the new converged mobile broadcast system LTE-A+ Broadcast from transmitter sites in Paris and Aosta. The joint project is based on the Tower Overlay concept developed by German university TU Braunschweig in…