"In Sony, it was time shifting broadcasting by a VCR; in Aereo, it is accessing free broadcasting through a computer. In both cases, the technology expands the audience, is consistent with broadcaster-borrowed use of public spectrum for free, over-the-air broadcasting and is being challenged as it is disruptive, new and not allowing consumer control by old industries," said CEA President and CEO Gary Shapiro in a statement.
Boxee has signed a deal to sell its new broadband-connected Boxee TV device exclusively at more than 3,000 Wal-Mart stores starting Nov. 1, reports Bloomberg. Wal-Mart will also put some promotion muscle behind Boxee's new $98 device, which features an over-the-air digital TV tuner and access to a cloud-based "No Limits DVR" service that will sell for $14.99 per month and initially be offered in eight U.S. markets: New York City; Los Angeles; Chicago; Dallas; Houston; Atlanta; Philadelphia; and Washington, D.C. (See Boxee CEO Now a Friend of Big Cable?)
Roku Inc. has introduced a new search capability that cross-indexes data from Netflix Inc. (Nasdaq: NFLX), Amazon.com Inc. (Nasdaq: AMZN) Instant Video, Hulu Plus, Crackle, Vudu and HBO GO. Roku says the new search option can help users sift through about 130,000 movies and TV episodes, and currently works on the following models: the Roku 2, Roku LT and Roku HD.
Staying with Roku, the company has expanded its senior management team to include three general managers: Steve Shannon, formerly with companies such as Akimbo Systems and ReplayTV, will head up Roku's content and services group; Collette Bunton, formerly a VP of M&A at Logitech Ltd. , will run Roku's devices group; and Chas Smith, who helped Roku introduce its new Streaming Stick, will lead the expansion of Roku's platform "beyond the set-top box" and into other consumer electronics devices. (See Roku Streaming Stick to Fetch $99.99.)
Video-on-demand server and software company Concurrent Computer Corp. (Nasdaq: CCUR) posted fiscal first-quarter net income of $325,000 (4 cents per share) on revenues of $15 million, up from $12.9 million in the year-ago quarter. It ended the quarter with cash and cash equivalents of $28.9 million and no debt.