Cheseaux-sur-Lausanne, Switzerland and Phoenix (AZ), USA – The Kudelski Group announced a patent cross license agreement with AT&T, one of the world’s leading providers of premium TV entertainment. The comprehensive agreement provides AT&T worldwide access to Kudelski Group’s world class patent portfolio that covers fundamental aspects of end-to-end video distribution. “We are extremely pleased to enter into this agreement with AT&T” said André Kudelski, Kudelski Group Chairman … [Read more...] about Kudelski Group licensed with AT&T
license
TVB returns pay-TV license due to $2.2bn losses
Hong Kong - TVB Network Vision has informed the Hong Kong government and the HK Communications Authority of its decision to surrender their Domestic pay-TV Programme Service Licence. The decision came after years of losses. According to TVBNV, the pay-TV service has been operating in the red since it’s launched in 2004, and losses have accumulated to more than $2.2 billion over the years. A TVBNV spokesperson quoted rampant online piracy, proliferation of OTT services and the downturn … [Read more...] about TVB returns pay-TV license due to $2.2bn losses
HKTV reports HK$40m loss
Hong Kong Television Network has reported a loss of HK$40.3 million for the year ended August 31, according to The Standard. The report added that HKTV said HK$531.3 million has been invested in fixed assets, but that capital expenditure has slowed down. The company said it has either completed shooting or has been producing 190 drama programme episodes, 70 episodes of variety and infotainment programmes, and more than 1,000 episodes of purchased content, added the news report. … [Read more...] about HKTV reports HK$40m loss
Hong Kong regulator accuses government of ignoring advice
The South China Morning Post has reported that the Communications Authority (CA) said their advice was ignored, and that the government did not respond to them before making the decision not to award Ricky Wong's HKTV, a new player, a free TV licence. The news report adds that in its submission to the government, the CA said that all three applicants - HKTV, Fantastic TV and HKTVE, met the statutory requirements and the four criteria listed by the government - financial … [Read more...] about Hong Kong regulator accuses government of ignoring advice
Hong Kong reasserts absence of cap on FTA licences
According to The Standard, Hong Kong's Commerce Secretary Gregory So Kam- leung has ordered his staff to reinstate a statement indicating there is no limit to the number of FTA TV licenses to be granted - a statement which had been deleted from the official website in September 2013. The Executive Council has thus far maintained silence, in accordance with its principle of confidentiality, over why HKTV was refused an FTA licence. This website update is seen by some as a … [Read more...] about Hong Kong reasserts absence of cap on FTA licences
