Satnews Daily
October 26th, 2009
digiGO! — The Digital (R)Evolution™
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The popularity of HD video has seen an explosion in recent years, due in large part to the development of highly compressed formats such as HDV and, more recently, AVCHD. Until the advent of ClipWrap, such compressed footage was nearly unusable in the QuickTime ecosystem. With ClipWrap 2.0, users are no longer required to post process every clip in a laborious transcode that could last hours, cause generation loss, and consume vast amounts of disk space.
ClipWrap is a Macintosh application that batch converts your camcorder’s HDV or AVCHD (m2t, mts, or m2ts) files into QuickTime movies that can be used in any QuickTime-based application. The original video data of the camera-acquired clip remains intact; ClipWrap simply places this video data within a QuickTime container so it can be read natively. This process is substantially faster and more precise than other solutions on the market. Files can also be transcoded from the native HDV codec into ProRes, Apple Intermediate, DVCProHD, or DNxHD formats; adding support for editing in iMovie, Final Cut Express, Avid, and any other QuickTime application.
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Waaaay back when new Internet users wanted to create their own homepages, GeoCities was started up — 14 years later, it appears as though the owner of GeoCities, Yahoo!, is going to close this service's digital doorways. Yahoo! expended close to US$3.5 billion in stock to acquire GeoCities and its success was in that the online service enabled users to create their own, unique, web presence at no charge. GeoCities will no longer be functional as of today, October 26th. A true passing of a web iconic technology and service.
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Panasonic Professional Broadcast and IT Systems (PBITS) and GlobeCast have formalized a technology partnership to integrate Panasonic's P2 broadcast workflow and production technology with GlobeCast's Media Sharing Platforms (MSP). This global partnership will drive the development of specialized players and new interfaces between Panasonic's P2-enabled hardware and GlobeCast's software and MSP, allowing major broadcast clients to benefit from a unified technology environment. GlobeCast's Media Sharing Platform combines the best of the company's expertise in core networks, content acquisition, and content delivery with the advanced media asset management software and integrated archive manager offered by its subsidiary NETIA. Designed to simplify cataloguing, indexing, archiving, accessing and distribution the software helps to maximize productivity gains in asset management and the use of rich media, whether broadcast or repurposed and published to platforms such as Web portals and mobile devices. Working with Panasonic P2 cameras and the GlobeCast MSP with NETIA software, the camera operator will be able to mark key files and scenes with icons to help production staff back at the station identify crucial scenes, thus saving time in post-production.
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The Kudelski Group (SIX: KUD.VX) has filed with the U.S. Securities and Exchange Commission additional presentation materials supporting the Company’s tender offer commenced on October 5, 2009, to acquire all outstanding Class A shares of OpenTV Corp. (NASDAQ: OPTV) not already owned by Kudelski or its subsidiaries, for US$1.55 per share in cash. As detailed in Kudelski’s materials, the tender offer provides all OpenTV shareholders an attractive exit option based on the following key factors: (1) the offer provides significant premiums versus recent and unaffected OpenTV trading levels and enterprise values, (2) OpenTV is not favorably positioned as a standalone public company and will need to invest significantly in the business to ensure its mid- and long-term sustainability, (3) the required investment at OpenTV will likely diminish OpenTV’s profitability and may negatively impact shareholder value in the near-term, (4) the offer provides the only near-term solution to an otherwise illiquid security, particularly for the larger institutional shareholders, and (5) Kudelski expects OpenTV will become even more illiquid as a result of the tender offer. As disclosed in a Schedule 14D-9 filed with the SEC on October 20, 2009, the OpenTV board of directors is remaining neutral regarding the tender offer and recommends each shareholder make their own decision on the offer based on all available information. Kudelski continues to encourage OpenTV shareholders to act before the tender offer and withdrawal rights expire at 5:00 p.m. New York City time on Friday, November 6, 2009. More info is available by selecting the graphic above...
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