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More Changes Afoot at SeaChange

Jeff Baumgartner
LR Cable News Analysis
Jeff Baumgartner
11/28/2012
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Welcome to the broadband and cable news roundup, Hump-Day edition.

  • There are more changes afoot at SeaChange International Inc. (Nasdaq: SEAC). Steve Davi, its longtime CTO, has left to join Synacor Inc. as senior VP of software engineering. Synacor, which went public in February, makes TV Everywhere authentication systems and develops Web services portals for pay-TV operators such as Charter Communications Inc. , CenturyLink Inc. (NYSE: CTL) and BendBroadband . Davi's departure comes amid seismic shifts at SeaChange, which has recently sold off some hardware assets and its U.K.-based VoD aggregation business, and seen several key executives leave. (See Is the Worst Over at SeaChange? , Now SeaChange Loses Its President, SeaChange Off the Block, CEO Exits , SeaChange Unloads VoD Content Unit for $27M and SeaChange Sells Off Its Broadcast Server Biz .)

    A SeaChange spokesman says that SeaChange senior management, with participation from Davi, moved ahead with a strategy last quarter to eliminate the position of a dedicated CTO and to have the heads of its three business units (platform, in-home and advertising) share the CTO duties. SeaChange Chief Architect Sam Ganesan is now running the global video platform business, and the company expects to appoint a GM for its platform technologies unit "shortly," the spokesman adds.

  • Cox Communications Inc. has expanded home security and automation services to San Diego and its other California properties. The service base price is $29.99 per month, along with a $99 installation/equipment fee. Cox is starting to ramp up its home security play following initial trial work in Arizona. It's poised to join a service category that's becoming attractive to other major service providers such as Comcast Corp. (Nasdaq: CMCSA, CMCSK), Verizon Communications Inc. (NYSE: VZ), AT&T Inc. (NYSE: T) and Time Warner Cable Inc. (NYSE: TWC). (See Cox Hires Home Security GM, ADT Adds a Cable Guy and Will Service Providers Steal ADT's Customers?)

  • Rovi Corp. intends to stop providing TV listing data in over-the-air broadcasts by April 2013 as deals with data broadcasting partners expire, reports Multichannel News. The move doesn't affect traditional cable set-tops or consumer devices that receive that data over the Internet, but it will impair guides in analog TVs, some digital TVs and DVRs that receive that data over the air or via a cable TV link in the U.S. and Canada, the report adds.

  • Almost half (49 percent) of 2,010 U.S. and U.K. consumers surveyed by Accenture say they've viewed over-the-top video through a connected TV, in addition to the content they typically view via traditional pay-TV providers. Broken down further, 60 percent of U.S. consumers between 18 and 24 said they watch at least a quarter of their video over-the-top, versus 54 percent in the U.K. Pay-TV operators, meanwhile, aren't standing still about this trend and are developing their own apps for "smart" TV platforms. (See Concurrent Helps Cable Connect to Smart TVs.)

    — Jeff Baumgartner, Site Editor, Light Reading Cable

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    DCITDave
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    DCITDave,
    User Rank: Light Beer
    12/5/2012 | 5:16:48 PM
    re: More Changes Afoot at SeaChange


    In my house, young Owen just calls Netflix "TV." Unless he becomes a big sports fan at some point, I can see just about all of his video viewing coming from OTT sources.

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