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Shayne Heffernan is an Economist, Trader, Fund Manager and Venture Capitalist based in Asia. He also serves as Editor and contributor at www.livetradingnews.com, Founder of The Heffernan Group and currently building the company's financial services business in China. Major shareholder and CEO... More
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  • Cable TV News TIVO, NXHZ, BBI, Dish 0 comments
    Jul 15, 2009 3:52 PM | about stocks: TIVO, BBI, DISH

    TIVO

    Blockbuster Inc., the largest movie- rental chain, agreed to partner with Samsung Electronics America Inc. to deliver films to high-definition TVs, home theater systems and Blu-ray disc players, following a similar deal in March with TiVo Inc.

    Blockbuster will also sell Samsung products at its stores and through its Web site, the companies said today in a statement. Financial terms weren’t disclosed. The video-on- demand service for Samsung electronics is planned to start later this year, the companies said.

    The accord puts Dallas-based Blockbuster on more devices with competitor Netflix Inc., the largest U.S. by-mail movie business, as both seek ways to reach consumers looking online for entertainment. Netflix began showing films through TiVo, the Alviso, California-based DVR pioneer, last year and also streams video through Samsung Blu-ray players and home theater systems, among others.

    NXHZ

    Players Network (OTCBB:PNTV - News), the leading Digital Media Network dedicated to Las Vegas Entertainment and the Gaming Lifestyle, announced today that they signed a distribution deal with NexHorizon, Broadband of Southern California (Pink Sheets:NXHZ - News).

    NexHorizon will be taking Players Network's Vegas on Demand channel into rural American communities across the country, and into the Mexican market. "By signing with NexHorizon," states Mark Bradley, CEO, Players Network, "our company is signaling its commitment to growing a global television brand."

    NexHorizon, an up-and-coming global cable provider, has recently signed deals to provide American networks to a growing list of rural American and International destinations, often overlooked by major providers, but equally lucrative in terms of subscribers and sponsorships. Calvin Smiley Sr., NexHorizon's CEO, also envisions their latest move, in acquiring Chula Vista Cable, as their gateway into the Central and South American market, and beyond.

    "We are increasing our market share on a global scale," states Bradley, "and by increasing the demand for our programming, we are positioning ourselves for a higher cost per subscriber." In the deal with NexHorizon, Players Network will be receiving a $.05 per subscriber return, in line with other, well-established cable networks.

    DISH

    When it comes to its protracted DVR patent case with EchoStar Corp. LLC and Dish Network Corp. (Nasdaq: DISH), TiVo Inc. (Nasdaq: TIVO) is not just out for blood. It also wants Charlie Ergen & Co. to shell out "nearly $1 billion in contempt sanctions."

    That's according a reply EchoStar filed Monday with the U.S. District Court for the Eastern District of Texas.

    This is just the latest chapter in the TiVo/EchoStar saga, which centers on TiVo's "Time Warp" patent. In early June, the same Texas court found Dish and its EchoStar tech spinoff in contempt of court and ordered them to pay TiVo another $103 million. That blow was hardened by an injunction that gave Dish 30 days to disable the DVR functionality in roughly 4 million satellite receivers/set-tops that houses software that allegedly infringe on the TiVo patent. The court likewise did not side with EchoStar's claim that a new version of software properly worked around the TiVo patent, noting that "any differences between the infringing and modified products are no more than colorable."

    Dish and EchoStar did get a small reprieve, however, when a Federal Appeals Court in Washington temporarily stayed the district court's order to disable the allegedly offending DVRs.

    In the Monday filing, EchoStar and Dish argued that it would be "improper at this juncture to impose sanctions as a means of coercing compliance" because the stay order indicates that the companies had "demonstrated at least a substantial case on the merits."

    Stocks: TIVO, BBI, DISH
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