Former Tandberg Television President Eric Cooney has been selected to serve as President/CEO of SAM — Snell Advanced Media, to be precise. The moves come following the resignation of CEO Tim Thorsteinson, who has stepped down as CEO after two years "for personal reasons which, in the near to medium term, limit his ability to travel," SAM said in a statement released Monday.
The Telos Alliance, the broadcast radio and TV technology firm that's the parent company of Telos, Omnia, Axia, 25-Seven, Linear Acoustic and Minnetonka products, has released what it calls a "major" software update for the Omnia.9sg stereo generator and final stage processor.
In official Reply Comments filed June 8 with the FCC, the NAB urged the Commission to provide broadcasters "with as much flexibility as possible in adopting rules to govern the voluntary deployment of" the ATSC 3.0 next-generation broadcast TV standard. In particular, they do not want the Commission to impose any heightened regulatory requirements on stations merely because they seek to migrate to the new standard.
As per the terms of a $150M strategic investment offer made on May 8 by KKR to Pandora, any end of a proposed injection of funds in the streaming audio company from KKR would involve a termination fee. A closer look at Sirius XM's investment in Pandora clearly shows that Sirius XM is eating the fee, and immediately matching KKR's offer ... and more.
Simple math makes for easy guidance affirmation. With a huge $480 million cash infusion from Sirius XM replacing a $150 million strategic investment offer from KKR made May 8, Pandora stands firm with its guidance for the current quarter and for the full year as offered during its Q1 2017 conference call.
In a Friday morning announcement, Pandora confirmed that it has secured an agreement from SiriusXM to make a $480 million investment in the company and announced the sale of its Ticketfly division to Eventbrite for $200 million — significantly less than what Pandora purchased it for less than two years ago.
If you stopped by the Inovonics booth at the 2017 NAB Show at the Las Vegas Convention Center and took an interest in some of the company's new products, you're in luck. All are available now, or will be shipping as of June 19.
According to numerous media reports, Sirius XM and Oakland, Calif.-based streaming audio company Pandora are once again talking. The key question is if Sirius XM is planning to make a significant investment in Pandora, or buy it outright.
VariZoom will now sell the Cineo Matchbox lighting solution, a portable remote phosphor on-camera light used for motion picture and television production, and its accessories throughout the U.S.
A Contemporary Christian AC noncomm serving the Asheville, N.C., market has upgraded its transmitter and, at the same time, cut its energy costs by going with Germany's Rohde & Schwarz.
The owner of 18 broadcast TV stations in such small markets as Binghamton, N.Y., and Waterloo, Iowa, has turned to GatesAir for transmitters — and related installation and commissioning services — for spectrum repack needs across its group.
"It's been a while, but we're back!" That's the greeting visitors to the iTunes Store will receive when discovering what's new with the free iHeart for Auto app. As of today, a new "engine" and some "bodywork" is complete, and iHeartMedia is promising "a smoother, more stable listening experience and a refreshed look" while it sets the groundwork for "really cool new features" designed for the connected car.
Squadeo, a provider of secure cross-platform OTT premium video solutions for the TV industry, has been purchased by Viaccess-Orca, known for the protection and enhancement of content services.
A video server that automatically plays multiple uncompressed RGB video segments to multiple screens in precise timing and sequence via the DP interface is now available from Campbell, Calif.-based Video Clarity.
The push to activate FM chips in smartphones, which Emmis Communications and its NextRadio arm have taken the lead on in the U.S., has gotten a continental boost thanks to the North American Broadcasters Association (NABA).