Archive for September, 2011

IBC 2011 Trends: Cloud, Channel-in-a-Box, 3D

broadcast industry technology trends, broadcast industry trends, broadcast technology market research | Posted by Joe Zaller
Sep 30 2011

Note: This article was originally published last week by TVNewsCheck

Technology vendors at IBC answered the broadcasters’ call for efficiency in a variety of ways, including “cloud” oriented product offerings, highly integrated IT-based systems for broadcast playout, and the introduction of new versions of existing systems that are smaller and less featured, but more affordable to broadcasters with limited budgets.

Also on display at the annual tech show, which wrapped up a six-day run in Amsterdam last week and drew more than 50,000 professionals, were technologies aimed at making 3D production more affordable and compatible with standard 2D operations.

Many vendors were touting the advantages of deploying some type of cloud-based or service-oriented architecture (SOA) applications such as capturing, producing, processing and distributing video and audio as digital files.

Cloud services are drawing attention because broadcasters are being challenged to support an ever-increasing number of distribution platforms. The breadth and rapidly changing nature of the multi-screen environment makes it difficult for even large broadcasters to deploy the appropriate hardware and software solutions in an affordable and timely manner. Thus, broadcasters are now increasingly willing to contemplate outsourcing some of these functions to cloud-based technologies and services.

Many vendors at IBC demonstrated technologies to address some of the fundamental concerns that broadcasters have about cloud-based architectures, notably content security, access to content, collaboration, bandwidth and workflow continuity.

Avid, Chyron, Grass Valley, Panasonic, Sony, Quantel and Vizrt showed their own methods for deploying “media-friendly” SOAs that provide a common interface and pre-authorized access to a wide variety of production tools from every staff member’s desktop.

In addition, the Advanced Media Workflow Association, the European Broadcasting Union and SMPTE came together to develop a standard for configuring an SOA that would allow each manufacturer’s equipment to talk to each other. The effort stems from the vendors’ realization that — due to R&D cost efficiencies — their next-generation products will be predominantly software based and operate best in this type of networked environment.

SOAs also help broadcasters produce and distribute content much more efficiently and allow staff to collaborate even though they may be in separate locations.

Many of these IT-centric concepts are not new ideas, but are now becoming attractive to the video production and broadcasting communities, looking to do more with the same resources. Industry connectivity to Internet protocol (IP) infrastructures has matured and newer consumer-industry file transfer technologies — like IP, HDMI and Apple/Intel’s Thunderbolt — offer benefits for broadcasters that were not apparent before.

Another significant hub of IT-oriented activity at the IBC was in the area of IT-based playout or, as it is more commonly known, channel in a box. These systems offer the promise of dramatically reducing the cost of broadcast playout by enabling users to migrate to off-the-shelf IT hardware running software that integrates, automates and replaces much of the traditional broadcast master control infrastructure.

Technology in this area had matured significantly over the past 6-12 months, and is now are under serious consideration by a number of large and small broadcasters around the world. Miranda Technologies, which became the de facto leader in this emerging field when it acquired the OmniBus Systems’ iTX platform last year, showed the latest advances in its IT-based playout offerings.

Other notable players in this space include traditional broadcast suppliers such as Snell and Evertz, as well as smaller specialized players like Playbox and VSN. Significantly, other large technology vendors are rumored to be readying competing systems that will be introduced in time for the annual NAB Show in April 2012.

In addition to the increasing drive for increased efficiencies, many IBC attendees were gearing up for the high-profile sporting and political events of 2012. In some cases, that means 3D. While the technology has yet to even be considered by local broadcasters in the U.S., a variety of live sports production companies across Europe are already producing events like soccer and rugby in 3D or are anticipating that they will by the time of the Olympics in London.

The games will be the first in 3D, with many events, including the opening and closing ceremonies, produced in the format. Panasonic will be supplying large quantities of 3D cameras and other gear.

Avatar director and 3D pioneer James Cameron put in appearances at several places at the IBC, promoting his new company, The Cameron/Pace Group, and urging industry professionals to pursue and help develop new tools for producing 2D and 3D content simultaneously.

According to Cameron, it’s the only way to stimulate the market to develop much-need original 3D content, and, in turn, spur 3D TV set sales. Previously, the cost of producing 3D has been prohibitive for everyone but a fortunate few who are being sponsored by TV set manufacturers.

“We’re on a relentless path to grow the 3D business,” said Cameron, at the Grass Valley IBC press conference. “We’ve been in the 3D game for 12 years now. We are so excited about what’s happening right now [with 3D] but it’s a little bit daunting staying ahead of the rapid rate of technology change, so we have to have powerful alliances with people that are major players in broadcast who will be able to fulfill this future and supply the kind of quality 3D that people enjoy.”

At the same press conference, Cameron’s partner (and equally influential 3D pioneer) Vince Pace said, “It’s so critical to the industry that we integrate the solutions and come up with a very clean and determined business plan that makes sense to the industry to increase the amount of 3D productions. So, this business of saying we have fewer cameras or we don’t tell the whole story is going to go away.”

IBC attendance was up slightly this year (4%, according to the IBC, to 50,462), again signaling that broadcasters are spending money — on hardware and T&E. Unlike last year, there were several representatives of all the major U.S. TV networks.

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EVS CEO Pierre L’Hoest Steps Down

Broadcast technology vendor financials | Posted by Joe Zaller
Sep 30 2011

Production and playout video server specialist EVS announced that Pierre L’Hoest, the company’s co-foundewr and CEO has keft the company.

Here is the full statement:

 

Liège (Belgium), September 29, 2011 – EVS Broadcast Equipment S.A. (Euronext Brussels: EVS.BR, Bloomberg: EVS BB, Reuters: EVSB.BR) (Pinksheets: EVBEF), the leader in Professional Digital Video applications for live, near-live and studio TV production, today announced the departure of Pierre L’Hoest, Managing Director and CEO. Following his departure, the Board of Directors has modified the composition of the Executive Committee, now composed of Michel Counson, Jacques Galloy and Luc Doneux. Under the leadership of Pierre Rion President of the Board, the Executive Committee will manage the technical, commercial, operational, corporate and financial functions of EVS, pending the announcement of a new management structure in early 2012.

 

On Thursday, September 29, 2011, the Board of Directors has taken note of the end of the mandates and functions of Pierre L’Hoest (and of his company Belinvest S.A.), including that of Managing Director of the company he founded with Laurent Minguet and Michel Counson, a position he held since 1994.

 

EVS has experienced a rapid growth and significant success in new market segments, which has doubled the workforce in the last 3 years, both at the headquarters in Liege and abroad. It is this impressive growth and prospects for the coming years that required a new system of governance. Since 2009, Pierre L’Hoest, the Board of Directors, and management of EVS have initiated a significant project to adapt the structure of EVS to allow the company to have all the advantages it needs for this new phase of growth. The establishment of the new team is a step in this process.

 

The entire Board of Directors wishes to thank Pierre L’Hoest for the passion he has brought throughout his engagement with EVS, since its inception“, said Pierre Rion, President of the Board of Directors of EVS. “His vision for the products and on-going concern for ergonomic applications have strongly driven the success of EVS. The newly implemented Executive Committee, which includes the presence of Michel Counson and managers who have proven themselves, allow us to envisage the succession of Pierre L’Hoest with confidence. I will personally undertake the link between the Executive Committee and the Board of Directors.”

 

Michel Counson, Managing Director and Co-founder of EVS, assumes the function of Chief Technical Officer (CTO).  Jacques Galloy assumes the roles of Director and Chief Financial Officer (CFO). Luc Doneux assumes the role of Head of EMEA, APAC & Major Events.

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Related Content:

Press Release: EVS Reports Revenue and Results for 2Q11 and 1H11

EVS Q2 2011 earnings presentation to equity analysts

Previous Quarter: EVS Q1 2011 Revenue Increases 8.7 Percent, Anticipating Strong Second Half of 2011

Previous Year: EVS Reports Strong Q2 2010 Results: Revenue up 61.2%, Operating Margins of 52.4%

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Evertz Beats Expectations in Q1 2012 as Domestic Revenue Increases Six Percent

Broadcast technology vendor financials, Quarterly Results | Posted by Joe Zaller
Sep 07 2011

Evertz announced that its revenue for the first quarter of its 2012 fiscal year was C$75.1m, an increase of 2% versus the same period a year ago, and an increase of 10% versus the previous quarter.

Revenue in the US/Canada region was up 6% versus last year, while international revenue declined by 4% versus last year.

The results for the quarter were well above the expectations of equity analysts, who on average were looking for revenue of C$64.2m.

Net income in the quarter was C$17.6m, down 14% versus last year, but up 42% versus last quarter. Gross margins in the quarter were 57%, down from 58% last year and flat versus the previous quarter.

R&D expenses in the quarter increased by $2.3m or 29% compared to the same period last year.  R&D expenses represented approximately 14% of sales for the quarter compared to 11% for the same period last year.  On its conference call with equity analysts Evertz management said they will continue to invest in R&D, which the company sees as a strategic differentiator in the market.

SG&A expenses for the quarter were C$10.4m, an increase of 27% versus last year, but 5% lower than the previous quarter.

The company’s purchase order backlog at the end of August 2011 was in excess of C$21 million and shipments during the month of August 2011 exceeded C$29 million.

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Related Content:

Press Release: Evertz Technologies Reports Results for the First Quarter Ended July 31, 2011

Previous Quarter: Evertz Misses Q4 Revenue and Profit Expectations as International Sales Fall by 31%

Previous Year: Evertz Q1 2011 Revenue up 2%

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Vislink Reports Small Loss in 1H 2011, Announces Strategic Review

Broadcast technology vendor financials, Quarterly Results | Posted by Joe Zaller
Sep 02 2011

Vislink plc announced that its revenue from continuing operations for the first six months of 2011 was £20m, down 1% versus the same period a year ago. Excluding the contribution from Gigawave, which was acquired earlier this year, the company’s revenue for the first half of 2011 was £19.1m, a 6% decline versus last year.

The company’s operating loss for the period was £3.7m, which includes £0.6m charge for the amortization of acquired intangibles, and £1.2m for non-recurring costs including acquisition costs associated with Gigawave, and corporate restructuring.

Vislink said it was seeing a “slow recovery” in its news & entertainment market, thanks to an increase in activity in South America, Asia and the Middle East that is being driven by current and upcoming political and sporting events. However, the company also said that the North American market “remains challenging.”

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Western Technical Services to be Retained

Vislink said that its Western Technical Services (WTS) subsidiary, which it had slated for disposal as part of a major corporate restructuring program, will now be retained and transitioned “from being a broadcast based business to developing alternative sources of revenue building on our established experience in designing and installing broadcast
infrastructure.” The company says it is doing this because it sees strategic value in its capability to provide full integration services to both its news and entertainment and law enforcement and public safety markets.  Vislink says that WTS will be incorporated into its US management structure, resulting in extract revenue synergies and a reduction in the overall US cost base.

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Strategy Under Review
Vislink said that its board is currently “undertaking a full review of the business that is focused on returning the Group to profitable growth by the end of 2011.”

This review will include an assessment of growth opportunities, both organic and through acquisition, and the technology drivers that underpin the market opportunity for Vislink. The review also recognizes the need to build sustainable recurring revenue opportunities, hence the decision to integrate WTS fully into the US business. The results of the review will be announced in October 2011.

Company chairman and CEO John Hawkins said that the company is “cautiously optimistic that the second half of 2011 will show further improvement in trading. We have a
strong order book which underpins our third quarter revenue.”

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Related Content:

Press Release: Vislink Interim results for the six months ended 30 June 2011

Press Release: Vislink Acquires Gigawave

Vislink Interim Management Statement for 1H 2011

Vislink News & Entertainment Revenue Declined 28 Percent in 2010

Vislink CEO to Step Down, Will be Replaced by New Chairman on Interim Basis

Vislink Lays off 25% of Workforce

Vislink Restructuring Operations. Announces M&A Program to Focus Business on IP Video for Broadcast and Public Safety Markets

Vislink Trading Update for 1H 2010

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Dalet 1H 2011 Revenue Jumps 13 Percent on Strong European Sales

Broadcast technology vendor financials, Quarterly Results | Posted by Joe Zaller
Sep 01 2011

Media asset management solutions provider Dalet announced that its revenue for the first half of 2011 was €8.2 million, a 13% increase versus
the previous year.

The company’s performance was driven by sales in Europe, which were up 45% versus last year.  Sales in the Americas were down 35% during the period due to delayed orders and the timing of revenue recognition.

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Related Content:

Press release: Dalet Announces Financial Results for 1H 2011

Previous Quarter: Dalet First Quarter 2011 Revenue Jumps 118 Percent

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