TV and Radio

NEP's Connected Production Ecosystem Expands with New Strategic Partnerships

Retrieved on: 
Tuesday, April 9, 2024

NEP Group , the leading media services provider for sports and entertainment worldwide, today announced continued expansion of its connected production ecosystem through new partnerships with rights holders, sports leagues, broadcasters and OTT providers.

Key Points: 
  • NEP Group , the leading media services provider for sports and entertainment worldwide, today announced continued expansion of its connected production ecosystem through new partnerships with rights holders, sports leagues, broadcasters and OTT providers.
  • View the full release here: https://www.businesswire.com/news/home/20240409899802/en/
    NEP's Connected Production Ecosystem expansion includes the new fleet of nine all-IP mobile units that debuted for the 2024 PGA TOUR season.
  • (Photo: Business Wire)
    The connected production solutions offered by NEP are continually evolving to meet client needs, market trends, and technological advancements.
  • Watch this video for a global view of NEP’s connected production ecosystem.

Zuora SEI Report: Flexible, Recurring Monetization Models Drive 3.4x Faster Growth Rates Than the S&P 500 Over the Past 12 Years

Retrieved on: 
Tuesday, April 9, 2024

In 2023, amid economic challenges and slowed digital transformations, companies in the SEI demonstrated resilience through Total Monetization strategies.

Key Points: 
  • In 2023, amid economic challenges and slowed digital transformations, companies in the SEI demonstrated resilience through Total Monetization strategies.
  • By aligning and evolving their monetization models with customer demand, they pursued innovative approaches beyond traditional subscriptions, including hybrid and flexible bundling strategies.
  • While growth rates slowed in the SaaS sector, churn is down and consumption-based models are continuing to demonstrate promising revenue growth: The SEI SaaS sector experienced a 10.1% revenue growth rate on average.
  • While the New Media subset experienced a faster revenue growth rate (12%) than Publishing Media (5.6%), Publishing Media grew ARPA year-over-year (YoY), while New Media ARPA growth slowed.

Comcast RISE to Award 100 Small Businesses in the Greater Richmond Region with Packages Totaling $500,000 in Monetary Grants, Marketing and Technology Resources, and More

Retrieved on: 
Tuesday, April 9, 2024

Comcast RISE is committed to supporting the growth of all small businesses, while advancing the objectives of diversity, equity and inclusion, as well as community investment.

Key Points: 
  • Comcast RISE is committed to supporting the growth of all small businesses, while advancing the objectives of diversity, equity and inclusion, as well as community investment.
  • Beginning on May 1, and through May 31, eligible businesses in Richmond can apply for a grant package at www.ComcastRISE.com .
  • “Small businesses are the lifeblood of Richmond’s past, present and future,” said Richmond Mayor Levar Stoney.
  • In addition, any small business owner can visit the Comcast RISE destination on X1 featuring aggregated small business news, tips, insights, and more.

WiSA Technologies Announces Nasdaq Acceptance of Compliance Plan

Retrieved on: 
Tuesday, April 9, 2024

WiSA Technologies, Inc. (Nasdaq: WISA (the “Company”)), a leading innovator in wireless audio technology for intelligent devices and next-generation home entertainment systems, announced today that it received a decision from the Nasdaq Hearings Panel (the “Panel”) granting its request for continued listing on The Nasdaq Capital Market, subject to the Company demonstrating compliance with certain Nasdaq Listing Rules (the “Nasdaq Rules”), including the achievement of various interim milestones.

Key Points: 
  • WiSA Technologies, Inc. (Nasdaq: WISA (the “Company”)), a leading innovator in wireless audio technology for intelligent devices and next-generation home entertainment systems, announced today that it received a decision from the Nasdaq Hearings Panel (the “Panel”) granting its request for continued listing on The Nasdaq Capital Market, subject to the Company demonstrating compliance with certain Nasdaq Listing Rules (the “Nasdaq Rules”), including the achievement of various interim milestones.
  • WiSA Technologies, Inc. (Nasdaq: WISA) is a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems.
  • WiSA Technologies, Inc. and the WiSA Technologies, Inc. logo are trademarks of WiSA Technologies, Inc.
  • The WiSA logo, WiSA®, WiSA Ready™, and WiSA Certified™ are trademarks and certification marks of WiSA, LLC.

Wasabi Technologies Introduces Wasabi AiR™, Pioneering Intelligent Media Storage for Sports, Media and Entertainment Industries

Retrieved on: 
Tuesday, April 9, 2024

Wasabi Technologies , the hot cloud storage company, today introduced Wasabi AiR ™, the industry's first AI-enabled intelligent media storage.

Key Points: 
  • Wasabi Technologies , the hot cloud storage company, today introduced Wasabi AiR ™, the industry's first AI-enabled intelligent media storage.
  • Wasabi AiR combines Wasabi’s high-performance, low-cost object storage with advanced AI metadata auto-tagging and multilingual searchable speech-to-text transcription.
  • Wasabi AiR greatly reduces the cost of metadata creation: with Wasabi AiR, customers pay only for the storage.
  • Wasabi AiR represents a significant advancement in tackling the longstanding issue of managing extensive data archives, within a substantial market for intelligent media storage solutions."

Sinclair Begins Generative AI Usage

Retrieved on: 
Tuesday, April 9, 2024

Sinclair, Inc. today announced the company has taken its first steps into usage of generative artificial intelligence within its original content to reach more audiences globally in their native languages.

Key Points: 
  • Sinclair, Inc. today announced the company has taken its first steps into usage of generative artificial intelligence within its original content to reach more audiences globally in their native languages.
  • For this initiative, Sinclair has collaborated with HeyGen, a leading generative AI video company, specializing in voice translation and lip-sync services, transforming the way businesses use video to enable global storytelling.
  • "Generative AI is set to transform the world we live in; and Sinclair is enthusiastic about leveraging the technology to make our original content accessible to a bigger audience through language translation.
  • In addition, Sinclair has created SAIF – Sinclair AI Forum, an internal, interdepartmental AI workgroup to facilitate knowledge sharing, governance, compliance, and strategic guidance across the company.

Adobe Introduces Next Generation of Frame.io To Accelerate Content Workflow and Collaboration for Every Creative Project

Retrieved on: 
Tuesday, April 9, 2024

Today, Adobe (Nasdaq: ADBE) introduced the all-new Frame.io V4 , a flexible, fast and intuitive creative collaboration platform that streamlines and simplifies workflows across content creation and production.

Key Points: 
  • Today, Adobe (Nasdaq: ADBE) introduced the all-new Frame.io V4 , a flexible, fast and intuitive creative collaboration platform that streamlines and simplifies workflows across content creation and production.
  • “As the demand for all content types – from video and images to design and documents – continues to skyrocket, the needs of Frame.io’s community have evolved.
  • While more content is being produced than ever before, creatives involved at all stages of development still experience disconnected and broken processes.
  • To learn more about other innovations available with Frame.io V4, visit the Frame.io blog here and view Frame.io V4 video here .

The Walt Disney Company Executives to Discuss Fiscal Second Quarter 2024 Financial Results via Webcast

Retrieved on: 
Tuesday, April 9, 2024

The Walt Disney Company (NYSE: DIS) will discuss fiscal second quarter 2024 financial results via a live audio webcast beginning at 8:30 a.m.

Key Points: 
  • The Walt Disney Company (NYSE: DIS) will discuss fiscal second quarter 2024 financial results via a live audio webcast beginning at 8:30 a.m.
  • ET / 5:30 a.m. PT on Tuesday, May 7, 2024.
  • Results will be released before the opening of regular trading on May 7, 2024.
  • To listen to the webcast, please visit www.disney.com/investors .

Wyatt Bartel Appointed President of Lux Machina Consulting

Retrieved on: 
Tuesday, April 9, 2024

NEP Group , the leading media services partner for content creators worldwide, has named Wyatt Bartel president of its virtual production company, Lux Machina Consulting (“LuxMC”).

Key Points: 
  • NEP Group , the leading media services partner for content creators worldwide, has named Wyatt Bartel president of its virtual production company, Lux Machina Consulting (“LuxMC”).
  • View the full release here: https://www.businesswire.com/news/home/20240409401079/en/
    Wyatt Bartel has been appointed president of Lux Machina Consulting, a global leader in virtual production, in-camera visual effects and display solutions for film and TV, broadcast, live events and permanent installations.
  • “I want to give my deepest thanks to Phil Galler, whose leadership, along with Zach Alexander’s, has shaped Lux Machina.
  • I’ll be looking for new creative business and technology leadership opportunities that are synergistic to the work of Lux Machina and NEP.

Eastern Europe OTT TV and Video Forecasts 2024: OTT TV Episode and Movie Revenues for 22 Eastern European Countries Set to Reach $6.96 Billion in 2029; Up From $3.82 Billion in 2023 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 9, 2024

OTT TV episode and movie revenues for 22 Eastern European countries will reach $6.96 billion in 2029; up from $3.82 billion in 2023.

Key Points: 
  • OTT TV episode and movie revenues for 22 Eastern European countries will reach $6.96 billion in 2029; up from $3.82 billion in 2023.
  • From the $3.1 billion additional revenues between 2023 and 2029, Russia will provide $1 billion and Poland $0.7 billion.
  • Simon Murray, Principal Analyst, said: "Together Poland and Russia will account for two-thirds of the region's 2029 revenues.
  • Russia and Poland will be the only countries to generate SVOD revenues in excess of $1 billion by 2029.