The global news giant has built the first major broadcast facility to be completely based on the SMPTE 2110 IP networking standard. “The idea behind going IP was to get everything across CNN’s facilities connected,” says Bob Hesskamp, EVP of broadcast engineering for Turner. “The other reason we did this was we wanted to build a facility that wasn’t out of date on Day One, that was software-configurable, expandable and easier to make changes to.”
A slew of major Hollywood studios with business in the state finally spoke up about how the “highly restrictive legislation” may require them to reevaluate taking productions there. Following similar announcements by Netflix, Disney and WarnerMedia were Viacom, CBS, Sony, AMC and NBCUniversal.
Sony reported an 87.9 billion yen ($787 million) January-March profit Friday, a reversal from the 13.3 billion yen loss racked up the previous year. Quarterly sales totaled 2.1 trillion yen ($19 billion), up 9% from 1.9 trillion yen.
Media asset management systems, some of which interact with the cloud and use artificial intelligence to personalize content, are growing in acceptance among TV broadcasters as they add scaled-down functionality, standardization and microservices.
Sony Corp. shares climbed more than 9% on Tuesday after a Reuters report saying Third Point LLC was again raising its stake in the Japanese conglomerate stoked speculation that fund owner Daniel Loeb was preparing to agitate for more change.
The entertainment company has sold a majority stake in the online video business to Chicken Soup for the Soul Entertainment, part of the Connecticut-based company behind the inspirational book series. Together, the two companies will operate a new joint venture, Crackle Plus, that will house the ad-supported streaming service.
While both HDR and 4K technologies have gotten much attention at past NAB Shows, this year’s gathering will see camera offerings that can handle dual SDR and HDR workflows, streaming capability, a smart studio and control solutions. At the same time, lenses continue to evolve to offer higher levels of zoom.
Sony Corp. on Thursday said chairman Kazuo Hirai, who helped engineer the electronics giant’s recent revival, will retire in June, bowing out as the Japanese company is on track for another record profit this year.