SeaChange sells off broadcast and server business

SeaChange is selling its broadcast server and storage business so it can focus on its software and services operations. The business will be sold to a group of financial investors, led by a US-based venture firm, and renamed XOR Media. SeaChange CEO Raghu Rau said, “This divestiture is an important part of our strategy to […]

All change at SeaChange as Kanouff exits

Yvette Kanouff is leaving SeaChange, marking the latest in a series of executive changes at the US-listed video-on-demand technology company. Kanouff will not be replaced as president and that position is being eliminated in a cost-cutting measure. His departure follows that of founder and CEO Bill Styslinger last April and Kevin Bisson in January. Kanouff […]

SeaChange reduces workforce to reduce costs

Video-on-demand technology company SeaChange has announced that it has reduced its workforce in a move that will result in over US$5 million (€3.8 million) in annualised cost reductions. SeaChange CEO Raghu Rau said, “As we realign our resources to focus on delivering on customer commitments, we have targeted operating cost reductions as well as some […]

Melita Cable hails VOD usage

Subscribers to Malta’s Melita Cable have used the operator’s video-on-demand service over 250,000 times since its launch four months ago, according to SeaChange International-owned On Demand Group, which supplies the service. OnDemand! Club is available at no extra cost as part of Melita’s Entertainment Pack which also includes FibrePower broadband and unlimited local fixed line […]

SeaChange’s CFO leaves company

TV technology company SeaChange International’s chief financial officer, Kevin Bisson, has left the company. Bisson served as chief financial officer, treasurer, secretary and senior vice-president of finance and administration since joining SeaChange in March 2006. “We sincerely thank Kevin for his years of dedication to SeaChange and his contributions towards ensuring the Company’s continued financial […]

SeaChange integrates ad platform with Envivio encoders

VOD technology specialist SeaChange has integrated its Infusion advanced advertising platform with Envivio 4Caster C4 encoders, enabling multi-screen operators to monetise video delivered to Apple devices.  The Infusion platform enables targeted advertisements to be dynamically inserted into linear and on-demand video streams. 
It can scale to 150,000 insertable channels and millions of ad assets. Operators […]

SeaChange launches Nucleus

TV technology specialist SeaChange International has used the CES show in Las Vegas to launch its Nucleus hybrid gateway software, designed to support cable operators’ transition from QAM to IP video to support multi-screen viewing and access to web-based services. SeaChange Nucleus is built on top of the SeaChange tru2way enabled platform and supports its […]

SeaChange’s software business contributes to revenue increase

VOD technology company SeaChange has reported third quarter revenues of US$53.4 million (€40 million), a 9% year-on-year increase. The company’s software segment contributed the majority of revenues at US$37.6 million, up US$4.4 million, which it attributed to a significant home gateway licensing transaction with a large domestic service provider, higher VOD software revenues from eventIS […]

New CEO for SeaChange

SeaChange International has appointed board member Raghu Rau as interim CEO, replacing the retired company founder, chairman and CEO Bill Styslinger. Thomas Olson, the former CEO of Katz Media Group and National Cable Media, has been named chairman of the board. “We would like to express our appreciation to Bill Styslinger for founding SeaChange and […]

On Demand Group names Riome as MD

SeaChange International-owned video-on-demand specialist On Demand Group (ODG) has named Stephen Riome as its new managing director. Riome has already served on ODG’s board and has been responsible for refining operational, acquisitions and corporate strategy to facilitate ODG’s international expansion. In his new role, along with ODG’s transactional service business, he will be responsible for […]