Hulu, the US catch-up TV portal is no longer up for sale. In a joint statement from its owners News Corp., Providence Equity Partners, The Walt Disney Company and the Hulu senior management team, the company said the sale process had been terminated. “Our focus now rests solely on ensuring that our efforts as owners contribute in a meaningful way to the exciting future that lies ahead for Hulu.” The partners said they looked forward to working together towards greater success. … [Read more...] about No go for Hulu
CASBAA expands roster
Hong Kong – CASBAA announced that Google, along with Indonesian media platform Skynindo, and Australian telco and information services provider Telstra, have joined CASBAA as Corporate Members. Also newly signed to CASBAA’s corporate roster are Bollywood content provider, Hungama Digital Media; Australia-based satellite services provider, NewSat; and technology company, ALi Corporation of Taiwan. Additionally, long standing CASBAA member, Encompass Digital Media, has upgraded its … [Read more...] about CASBAA expands roster
Google to launch Web TV
San Francisco, California – Google Inc today announced it is launching ‘Google TV’ in an attempt to reach the US$70 billion TV advertising market, according to Reuters. Developers at a conference applauded "Google TV," and a slew of tech industry titans, including microchip maker Intel Corp and TV maker Sony Corp, sent their chief executives to announce that they had joined the project and that TV sets would be ready in time for Christmas buying, Reuters reported. The key to … [Read more...] about Google to launch Web TV
