PALM BEACH, Florida, March 16, 2017 /PRNewswire/ --
MarketNewsUpdates.com News Commentary
As millions of consumers around the globe continue to cut the cord and opt for digitally streaming video content over traditional methods like cable, the industry continues to evolve with new developments, competition and more. Media companies in focus today in the markets include: SiriusXM Holdings Inc. (NASDAQ: SIRI), CableClix, USA, Inc. (OTC: CCLX), Pandora (NYSE: P), Netflix, Inc. (NASDAQ: NFLX) and Viacom Inc (NASDAQ: VIAB).
CableClix, USA, Inc. (OTC: CCLX) has entered into a twelve-month consulting agreement with a privately held Canadian company, 1823606 Alberta Ltd that will recognize US$100,000 in revenue immediately from a service retainer. Under this agreement, CableClix resources will provide consultative services and project management to a variety of operating companies in the areas of video transmission, caching, and archiving. These services will enable significant operational efficiencies and increased security capabilities for several logistical business units. 1823606 Alberta Ltds principals recognize CableClix's proficiency in video transmission and security as a market differentiator when applied to its internal operation. Read this and more news for CableClix at: http://marketnewsupdates.com/news/cclx.html
In additional, developments from CableClix, CCLX has augmented its team of industry leaders by engaging award-winning Dale Herigstad to conceptualize the interface needed to personalize and dramatically improve the TV-streaming experience for cord-cutting viewers around the globe. Dale - four-time Emmy-winner and internationally recognized thought leader in interaction design will re-imagine the TV viewing interface to ensure CableClix's platform dramatically improves viewer experience and opens up a new generation of cord-cutting content consumption.
Dale was part of the concept pre-visualization team for Spielberg's 'Minority Report', investigating what digital experiences would be like 50 years into the future, exploring the role of gesture and display. Dale's impact is seen across the industry: he was hired by Samsung to rethink the future of TV; and he has created the interaction component for dozens of media middleware interfaces on three continents, including Cablevision (iO), Time Warner (Symphoni), Starz (Vongo), Sony Design (Capri, Surf Space), Freesat, Mediaset, Comcast, DirecTV, BBC, and Orange. Dale has taught Motion Graphics at California Institute of the Arts, Art Center College of Design, and UCLA. Dale's boundless creativity and imagination ensures products can introduce significantly increased functionality that viewers are able to interact with effortlessly.
In other industry developments of note in the markets:
SiriusXM (NASDAQ: SIRI) this week announced that 2014 Monster Energy NASCAR Cup Series Champion Kevin Harvick, driver of the No. 4 Ford Fusion for Stewart-Haas Racing and one of the sport's most popular drivers, will host a new exclusive show on SiriusXM NASCAR Radio, available to listeners nationwide on satellite radios and the SiriusXM app.
Pandora (NYSE: P) announced this week that Pandora Premium, its first ever on-demand streaming tier, launches this week. Invites for a free trial of Pandora Premium roll out to select listeners on March 15 and an option to upgrade will be available to all listeners over the coming weeks.
Netflix, Inc. (NASDAQ: NFLX) yesterday announced it will post its first-quarter 2017 financial results and business outlook on its investor relations website at http://ir.netflix.com on Monday, April 17, 2017, at approximately 1:05 P.M. Pacific Time. At that time the company will issue a brief advisory release via newswire containing a link to the first-quarter 2017 financial results and letter to shareholders on its website.
Major U.S. media companies, Time Warner Inc's Turner, Viacom Inc (NASDAQ: VIAB) and 21st Century Fox Inc's Fox Networks Group will launch OpenAP, a program for advertisers to laser focus their commercials at specific audiences on television. With the TV upfront season weeks away, advertisers are seeking audiences beyond the ones measured by Nielsen, which are based on age, gender and income, mimicking ad buying on the digital side.
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