Darcy Antonellis, a veteran tech exec who held senior posts at Warner Bros and CBS before becoming CEO of Vubiquity, has announced she will step down and take on an advisory role. Antonellis, who has led the tech services provider since 2014, initiated the move and announced it internally in June. Vubiquity, a subsidiary of Amdocs, provides premium content services and media tech solutions to Disney, Warner Bros, Sony, Paramount Pictures and many other clients.
Multibillion-dollar, multi-national Amdocs has signed a definitive agreement to acquire media service provider Vubiquity. The $224 million cash deal has been approved by both companies’ boards of directors, and is expected to close during the second quarter of the year..
High Dynamic Range video could well be the next big thing, the killer app for Ultra-HD TV and the improvement that triggers the next wave of TV upgrades. And thanks to a new pact between Technicolor and Vubiquity, it should be available to hundreds of TV networks and studios by year’s end, even in content that wasn’t made for the format. If so, though, consumers may have to pay for more than a new TV to see it.