AV zombie

Philips may have divested itself of its set-top business, selling its STB and Connected Solutions divisions to Pace Micro Technology, but it’s still got a vested interest in the sector. As part of the deal, Philips has acquired 64.5 million Pace shares, giving it a 21.6 per cent stake in the company. The deal makes […]

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The world’s number 2 maker of LCD panels, Korean-giant LG Display, has posted a record quarterly operating profit of 881 billion won. Making the figure even more remarkable is the fact that the result follows on from a record loss of 208 billion won the year before.
LG Display chief financial officer Jeong Ho-young confirmed that […]

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The BBC and Nintendo have signed a deal that will allow Wii console owners to access the BBC’s iPlayer playback service. Speaking at the MipTV-Milia conference in Cannes, BBC Group Controller for Future Media and Technology, Erik Huggers, said: “Working with Nintendo marks another exciting milestone for the BBC iPlayer. The BBC’s catch-up TV service […]

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In what could be a trend-setting deal, Warner says it will release new movies on DVD day and date with availability on the UK’s leading Video on Demand services. The move will allow subscribers to Sky Box Office, BT Vision, Virgin and Xbox Live to download and view titles for 3.95 pounds. Viewers will need […]

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Ofcom has controversially announced that it will accelerate its own plan to bring high definition to the Freeview terrestrial TV platform, with services due to start in 2009. Despite howls of protest from CE manufacturers, the watchdog has decided to shuffle spectrum in such a way as to only allow four channels of 720p high-definition. […]

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