Category: Software

  • RealD rides 3D wave to raise $200 mn via IPO

    MUMBAI: In what has given a boost to technology stocks, RealD Inc, the global licensor of 3D technologies, has raised $200 million from its initial public offering (IPO).


    The company sold 12.5 million shares at $16 each, much above the expected range of $13-$15.
     
    This is the first time that a company which licenses 3D technology used in projection systems and consumer electronics has gone public.


    RealD expects to pay off some debt and provide capital for future investments with the IPO proceeds.


    RealD’s clients are major theater chains like AMC, Cinemark and Regal, which use RealD digital projectors and glasses for 3-D movie showings.
    The company charges a per-attendee license fee to those chains to use its technology, which is currently installed on more than 6,000 movie screens. 
     
    J.P. Morgan Securities and Piper Jaffray & Co. acted as joint book-running managers for the offering. William Blair & Company acted as co-lead manager, and Stifel, Nicolaus & Company, Incorporated and BMO Capital Markets Corp were co-managers of the offer.


    Hollywood has seen the success of a wave of 3D movies including Avatar. RealD hopes to tap into this rapidly expanding 3D market.

  • Boxee unveils new STB under $200

    MUMBAI: Boxee, the social media center which offers free, open source, downloadable software for users to watch videos from Internet on TV, is gearing up to launch its new set-top box (STB).


    Boxee chief product officer Zach Klien unveiled the new STB through a video. He said that the box will be available “in a few months” and that the company is working with Taiwanese company D-Link for manufacturing of the box.


    Boxee had initially announced that it will launch the new STB in December last year.
     
    The box has dual-core ARM A9 low-power CPU as well as graphics chips supplied by NVIDIA. Together, the CPU and GPU comprise NVIDIA‘s Tegra 2 platform. The device will be able to play back 1080p video, both stored locally and streamed in various flavors of HD from across the Internet. Also there is 802.11n wireless networking via a Broadcom chip. The Boxee Box will come with a RF remote control. The STB is expected to be priced under $200. 
     
    On a computer or connected to an HDTV, Boxee allows users to play movies, TV shows, music and photos, as well as streaming content from websites like Netflix, MLB.TV, Comedy Central, Pandora, Last.fm, and flickr.

  • Consumers, cable & DTH ops form body to fight channel blackouts

    MUMBAI: Alarmed by US broadcasters‘ increasing use of showdown tactics and brinksmanship that cause disruption, uncertainty and even television blackouts, an unprecedented coalition of consumer groups, cable operators, satellite providers, telcos, and independent programmers have formed the American Television Alliance (ATVA).


    The mission of the new coalition, which officially launched today, is to ensure consumers are not harmed — or their favourite shows held hostage — in negotiations for carriage of broadcast programming.
     
     
    The 31-member ATVA coalition will focus on preventing consumer confusion, disruption and ever increasing rates that result from outdated rules governing these carriage negotiations. Under the current law, broadcasters may cut off their television signals and shows from video service providers and consumers if they do not receive the compensation they demand.


    In the nearly 20 years since retransmission consent was created, the television market has evolved dramatically. While consumers have more choices for video programming than they did in 1992, broadcasters benefit from several outdated rules that give them the incentive and ability to withhold programming — using consumers as pawns in retransmission consent negotiations.


    Public Knowledge president and co-founder Gigi B. Sohn says, “Public Knowledge has consistently said that consumers should not be harmed by disputes between broadcasters and video providers. Among other ideas we have suggested, we believe lawmakers and/or the FCC should consider requiring interim carriage of over-the-air stations should a retransmission consent agreement expire while the parties are still negotiating.”


    The coalition includes AT&T, The American Cable Association, Cablevision, DirecTV, Dish Network, The New America Foundation, Public Knowledge, Time Warner Cable, Verizon and other groups. The breadth and diversity of this new coalition demonstrate the urgent need for change. As evidenced by recent showdown negotiation tactics on the part of broadcasters, consumers are caught in the middle and face uncertainty, service disruptions, and constantly increasing fees.
     
    American Cable Association president and CEO Matthew M. Polka says, “We‘ve come together because we all recognise that consumers aren‘t getting a fair shake from broadcasters, and face an unfair choice: Pay more for their favorite programs, or have them taken away. Working together with this diverse coalition, we‘re going to fight hard to make sure viewers have a voice and Congress or the FCC addresses this important problem.”


    Dish Network executive VP of sales, marketing and programming Thomas Cullen says, “Today, viewers have a wide range of options for how they watch television — but there‘s still only one place to get network television programming — and the broadcasters are taking unfair advantage of this situation to the detriment of millions of consumers”.


    As part of the official launch, The American Television Alliance will also be creating a new website, www.AmericanTelevisionAlliance.org, which will become a place where consumers can visit to learn more about the issue, sign up for updates, and take steps to ensure that broadcasters don‘t prevent them from being able to view their favourite programmes.


    The group‘s creation is also highlighted in a new ad campaign which highlights a core message of the group that the time has come to give viewers a voice.
     

  • Pay-TV piracy remains rampant: Casbaa

    NEW DELHI: The Cable and Satellite Broadcasters Association of Asia (Casbaa) has reaffirmed the urgency of addressing the issue of pay-TV piracy across the Asia Pacific as this amounted to a revenue leakage of almost $2 billion in 2009.


    Despite digital deployments making pay-TV signal theft more difficult, the piracy problem remains rampant, with online services only adding to the challenges.
     
    Speaking at an international seminar on copyright protection for broadcasters, Casbaa Executive Director – India Anjan Mitra said unauthorized distribution of video content is the biggest barrier to innovation and investment in the pay-TV industry, severely damaging revenues and reducing incentives to produce premium content for consumers.


    The seminar was jointly organised by the World Intellectual Property Organisation (WIPO) and the Government of India. 
     
    Mitra also presented case studies on how pay-TV content has been pirated, including the unauthorised re-broadcast of content in Australia, Vietnam, the Philippines and China.


    Working through organisations such as WIPO, which is promoting a new international treaty to protect the rights of all broadcasters, Casbaa is urging industry and governments to join hands to address the issue through technology, up-to-date legal frameworks and active enforcement measures.
     

  • Blu-ray player shipments to exceed 62.5 mn in 2011

      
    MUMBAI: Worldwide Blu-ray player shipments are expected to more than double between 2009 and the end of 2010.


    The numbers from ABI Research forecast continued growth next year for a total of more than 62.5 million shipments in 2011.


    In the US Blu-ray players are expected to reach almost 18 per cent penetration among TV-owning households, up from just over seven per cent in 2009.
     
    As interesting as this estimate is, it is just part of a larger picture. According to industry analyst Mike Inouye, “The solid growth in Blu-ray player shipments highlights a trend within the wider consumer electronics market. Larger, fixed-location devices such as Blu-ray players and flat panel TVs are enjoying rapid adoption relative to many classes of small, portable devices. Specifically, portable gaming devices are leveling out, while we are seeing actual declines in shipments of portable audio players. Digital picture frames are showing only mild growth, and compact digital camera shipments are declining in North America and Japan, though they continue modest growth elsewhere.”


    What is behind these shifts? “In addition to price declines, the greater growth potential of TV-centric devices may be due to some of the recent exciting innovations in TV technologies: larger, flatter panels, Internet connectivity, and 3D. Aside from the economic/job environment it could be that dedicated portable device markets are simply maturing, or it could be due to the greater competition they face from smartphones and other multi-function portable devices” says Inouye.
     
    ABI Research believes that CE device vendors can improve their chances of success in this very competitive marketplace by, on one hand, continuing efforts to educate consumers about what they can do with the latest devices, and on the other by striving to keep the user-experience as seamless and painless as possible.

  • Hidden Reflex launches ‘Epic’ web browser for India

    BANGALORE: Bangalore-based software startup Hidden Reflex announced the launch of the first browser targeted at Indians called Epic based on the open source Mozilla platform.


    The browser has been developed by an Indian team.


    Besides the regular features available in most browsers, Epic also has the following features:


    1500 plus Indian wallpapers and themes ranging from freedom fighters to film stars;


    Indic Language Transliteration. This enables users to write emails and documents in their mother tongue simply and instantly using a regular English keyboard. 12 Indian languages supported;
     
    India Content – One click to the latest news headlines in English, Hindi and regional languages, live cricket scores, stock quotes, local events, top music albums, videos, and live television channels. The list of channels include live NDTV feeds and videos on IB7. Among the print publications include The Hindu and The Deccan Chronicle;


    Anti-Virus Scanning and Healing Built-in, Free – presently the only browser in the world to offer anti-virus protection;


    1500 plus Sidebar Applications – Multi-task or complete common tasks more easily. Apps include a word processor, file backup, my computer, video picture-in-picture, e-mail, chat, games, and 1500 plus user-installable applications in the Epic Apps Store which are free and install in seconds. 
     
    “We have started an online campaign especially on social networking sites and the online community to create awareness about Epic,” said Hidden Reflex CEO Alok Bhardwaj. “We are in discussions with a couple of VC’s for funding and we will commence a multi media campaign over the next few months once we receive funding from them.”

  • Agilent becomes member of DVB consortium

    MUMBAI: Agilent Technologies has announced that it has joined the DVB Consortium and WorldDMB Forum, two broadcasting organisations.


    The DVB Consortium creates technical standards for digital television and data services delivery, while the WorldDMB Forum promotes the Eureka 147 digital radio standard.


    Membership in these organisations allows Agilent to provide test and measurement solutions for digital video and audio that are more closely aligned with broadcasting industry needs.
     
    Agilent’s membership in the DVB Consortium and WorldDMB Forum provides it with direct access to members’ test requirements. As the digital broadcast market evolves, Agilent will use these requirements to create customized broadcast test solutions that are compliant with latest industry specifications and conform to recommended test profiles or test vectors.


    By tailoring these solutions to different test scenarios (e.g., product certification and large-scale manufacturing), Agilent will look to deliver flexible product features, high-performance specifications and increased cost savings. 
     
    Agilent currently offers digital broadcast solutions for both transmitter and receiver test. For transmitter test, Agilent provides several X-Series advanced measurement applications that offer one-button, standard-based power and modulation measurements for X-Series signal analyzers (high-end PXA, mid-range MXA, economy-class EXA and low-cost CXA). For receiver test, Agilent provides Signal Studio software to create standards-compliant test signals.
    The software works with the ESG or MXG signal generator as a low-cost solution for R&D and manufacturing customers. The solution is ideal for high-end R&D and lab customers when used in conjunction with the PXB baseband generator and channel emulator for full-conformance testing. Both the transmitter and receiver test solutions are based on Agilent’s general purpose platforms that not only support most digital video and audio formats available today, but numerous wireless communications standards as well, making them well suited for testing multi-format devices.

  • UTV eyes strategic investor in console gaming arm

    MUMBAI: UTV Software Communications is planning to divest stake in its UK-based console gaming subsidiary, UTV Ignition.


    The company is looking at a strategic investor that would infuse fresh capital for funding UTV Ignition’s next phase of growth.
     
    UTV has already pumped in $70 million to seed UTV Ignition’s growth. The subsidiary company, in which UTV Software Communications holds 90 per cent stake, has developed 3 AAA IPs and two smaller IPs that are set for release.


    “We are looking at diluting stake in Ignition to a strategic investor. We will be even comfortable with a 50:50 joint venture. The fresh round of capital will help Ignition to scale up from 2-3 games to 5-6,” says UTV Software Communications managing director Ronnie Screwvala.


    UTV Ignition is set to first release El Sheddai this year, a game developed from its Japanese studio. The other two big bang IPs – Reich and War Devil – are set for release next year.


    UTV Ignition has also developed two smaller IPs – Hells Cook and Dragons Crown.


    UTV expects to get a revenue of Rs 3 billion this fiscal from its console gaming business. UTV Ignition earned a revenue of around Rs 650 million in the last fiscal.


    UTV has created the games on multi platforms – PS3 and Xbox 360. They can later go on to more platforms including PC. 
     
    “The break even quantity per game works out to around 1 million units for us. There is a dearth of AAA IP games due to the global economic downturn. The timing is good for us,” says Screwvala.


    UTV is eyeing Rs 500 million and Ebitda margins of 10-15 per cent in FY’11 from its mobile games division, carried out through UTV Indiagames. The mobile games subsidiary, in which UTV holds 60 per cent stake, has exclusive rights to develop IPL mobile games.


    “UTV Indiagames has an exclusive games channel on Reliance Big TV. We will make two more DTH announcements soon,” says Screwvala.


    On the online games front, UTV expects to post a revenue of Rs 400 million and have operating margins of 15 per cent.


    UTV Software Communications has deployed Rs 5.56 billion towards the gaming segment.

  • Disney Movie Club launches in India

    NEW DELHI: Walt Disney Studios Home Entertainment (WDSHE) has partnered with HDFC Bank to launched Disney Movie Club, an online Disney movie portal designed to bring blockbuster hits to Indian fans.


    Membership is currently available exclusively to HDFC Bank customers starting July till October. But beginning November, the site will become available to kids and families across India. Memberships last for 12 months and provide access to the largest collection of Disney movies, offers, discounts and promotions.
      
    Disney movie fans can choose from three different memberships – Mickey Gold pass, Donald Silver pass and Goofy bronze pass.


    Mickey Gold Pass members need to pay Rs 3,999 and get 12 movies (worth Rs 7200) of their choice, six free DVDs (worth Rs 3600) and a free DVD player (worth Rs 1900).


    Donald Silver pass members need to pay Rs 2,999 and they get eight movie titles (worth Rs 4,800) of their choice along with four free DVDs and a Disney family photo frame (worth Rs 900).
     
    Goofy bronze pass members can register for Rs 399 and they can buy any Disney movie from the catalogue for Rs 399 and get a Goofy Plush worth Rs 500 absolutely free.

  • Dilip Sharan joins Neo Sports as EVP – Distribution

    MUMBAI: Neo Sports Broadcast has appointed Dilip Sharan, former Zee Turner senior VP cable sales, as executive vice president – distribution platforms.
     
    Sharan, who left the distribution JV company in March this year, will in his new post handle the distribution of Neo Sports‘ channels across all delivery platforms including cable and DTH.


    Sharan will report to Neo Sports president affiliate sales Arun Poddar.
     
    Prior to Zee Turner, Sharan was with ESPN Star Sports, where he served for six years as associate director – sales. He has also been associated with Modi Entertainment Enterprises, Intek Software, Tata Press, Dunlop India and even initiated one of his own ventures, Market Corpus India.