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Panasonic scales back flat-panel production investments

by Darren Murph posted Jan 19th 2009 at 1:22PM


Panasonic already notified the world that it would be moving all plasma panel production to two facilities, and now it's announcing a cut back in investment dollars previously earmarked for a separate pair of plants under construction in Hyogo prefecture. In an effort to take slumping flat-panel demand into account, it's scaling back its investment through 2012 by around $1.5 billion to ¥445 billion ($4.9 billion). Interestingly enough, Panny is simultaneously aiming to "boost its flat TV unit sales by 50 percent next business year," which should be pretty tough unless it steals some serious share from Samsung and LG. Let the battle wage on, we say.

DTS looks to expand its reach with Neural Audio acquisition

by Darren Murph posted Jan 7th 2009 at 7:44AM


DTS, the company responsible for all those DTS-HD Master Audio tracks that you adore, has just announced that it's picking up Neural Audio in order to expand its reach. The company that it's acquiring is described as an "audio technology business that licenses branded intellectual property solutions for the creation, distribution and playback of music, movies, broadcast programs and video games," and DTS is hoping to use this to get branded technology offerings into satellite radio, automotive and gaming markets. The deal cost DTS a stiff $7.5 million for "certain assets and liabilities," and it may end up forking out up to $7.5 million more over the next five years if "certain conditions" are met. Way to look ahead, DTS -- now, we're totally expecting 7.1-channel Blu-ray surround systems in our 2010 model year vehicles. Cool?

AUSTAR content with leaving the HD to Foxtel

by Darren Murph posted Aug 3rd 2008 at 6:14AM

Here's an interesting one. Australia's AUSTAR (a pay-TV provider, for those not in the know) is seemingly not in any hurry whatsoever to do as staunch rival Foxtel did and begin offering HD to its customers. Rather than catching up to the competition (and splurging on an investment), AUSTAR is pinching its pennies. According to the company's chief executive, he doesn't feel "a huge amount of pressure" to embrace high-def, suggesting that the increase in customers from the addition of high-definition isn't worth the steep cost. Of course, he did admit that HD would likely be in the carrier's future, but probably not until "mid-2010" or later. C'mon people, how many times do the experts have to tell you? Build it (first), and they will come.

Comcast sinks money in P2P video-delivery startup -- imagine that

by Darren Murph posted May 20th 2008 at 8:58AM


After being accused of slowing traffic on peer-to-peer applications and eventually fessing up at least somewhat to controlling throughput, Comcast has went and sunk some cash into a P2P video-delivery startup. Seattle-based GridNetworks announced this week that the mega-corp would make "an unspecified investment in the company and collaborate on developing so-called peer-to-peer file-sharing techniques that are friendly to internet service providers." Outside of that, what the deal means for either party has yet to be fully revealed, but regardless of future plans, one can't help but chuckle at the glaring irony of the whole ordeal.

Verizon unloading $86 million on Rhode Island network expansion

by Darren Murph posted May 3rd 2008 at 10:46AM


Verizon's doing more than just blessing Oregon customers with more HD content -- it's also preparing to bring its fiber-based services to even more folks in the Ocean State. $86 million has been set aside to invest in network expansion within Rhode Island, promising FiOS TV to an additional ten communities (specifics were solely absent) and giving another 50 union-represented technicians and customer service representatives a job. Yep, all that new cabling means expanding its Providence-based Fiber Solutions Center, but it failed to mention when the new hires would take place. Lastly, it's planning on upgrading the internet services in Cranston, Hope Valley, Jamestown, Narragansett, Pawtucket, Providence, Tiverton and Weekapaug, giving each of those locales download speeds of 7-megabits per second.

SuddenLink makes investment in Eastern NC, plans for more HD channels

by Darren Murph posted Feb 21st 2008 at 4:38AM


Details are admittedly scant on this at the moment, but what is clear is that SuddenLink Communications is writing a check for $16 million in order to improve services in and around Eastern North Carolina. According to Phil Ahlschlager, SuddenLink's North Carolina Regional Vice President, the capital improvements "will enhance the overall quality and reliability of the company's services." Additionally, the 95,000 or so homes in the area currently using SuddenLink can reportedly expect "faster internet connections, better phone service and more HD channels," though we're not told when the improvements will start nor what high-def channels are slated to get added. Looks like it's wait-and-see from here, sadly.




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