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PR Newswire

LiveMolo to Launch a Streaming Service App ‘Molo’ Equipped with a Commerce Function This December

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– Live streaming service startup ‘LiveMolo’ to launch a streaming service app ‘Molo,’ which is equipped with a live commerce’ function, on Google Play Store this December

SEONGNAM, South Korea, Dec. 11, 2020 — LiveMolo (CEO Ho-sik Yang), a tenant company in the ICT-Cultural Convergence Center run by the Ministry of Science and ICT and the National IT Industry Promotion Agency (NIPA), announced that it plans to launch streaming service app ‘Molo’ built-in with a commerce function on Google Play Store at the end of this December.

Established in 2018 to become a streaming service for one-person media, LiveMolo provides services to common people who dream of running a small business, small business owners, and unknown creators and influencers. It was certified as a venture business in 2019, and it was also recognized as a company-affiliated research institute by the Korea Industrial Technology Association this September.

The streaming service app ‘Molo’ to be released this time is equipped with a live commerce function that allows viewers to purchase products directly beyond live streaming. It has improved accessibility for small businesses and the general public without special skills and capital to use it easily.

Molo is capable of low-latency live broadcasting and real-time chat, and the VoD automatically generated after the broadcast ends can be shared on social media linked with Molo app. In addition, it is composed of a relatively simple UI/UX to enhance the convenience of use for hosts and viewers.

Molo has also differentiated itself in term of operation. Since most live commerce services charge a high fee, hurdles are high for common people and small business owners who start live commerce for the first time. However, Molo has relatively less burden because it is operated with minimal fees.

CEO Ho-shik Yang said, "Molo will build an ecosystem where small business owners, creators, and the general public can directly communicate with viewers, promote and earn profits. We also plan to implement a web-based platform so people can use Molo not only on the app but also on the web."

PR Newswire

Nel ASA: Selected by Iberdrola as preferred supplier for a 20 MW green fertilizer project in Spain

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OSLO, Norway, Nov. 4, 2020 — Nel Hydrogen Electrolyser, a division of Nel ASA (Nel, OSE:NEL), has been selected as preferred supplier by Iberdrola for a 20 MW PEM solution for a green fertilizer project in Spain. Contract award is subject to mutual agreement on the final commercial terms. The hydrogen plant is scheduled to commence operations in 2021.

"We are very excited and honored that Iberdrola prefer to use a PEM electrolyser solution from Nel for this landmark green fertilizer project. It is a true testament to our PEM platform, which has been deployed all over the world for several decades. We continuously work to develop larger systems, and with this project our PEM platform will be designed into a 20 MW solution. We have over the course of the last year been working on both alkaline and PEM large-scale solutions, which serve different customer needs, and we look forward to provide our PEM solution for this project," says Filip Smeets, SVP Nel Hydrogen Electrolyser, Nel Hydrogen Fueling.

Iberdrola, one of the largest electricity utilities in the world, has together with a world-leading fertilizer manufacturer Fertiberia launched a project to establish the largest green hydrogen plant in Europe. Located in Puertollano, Spain it will feature a 100 MW photovoltaic plant, a battery installation with a storage capacity of 20 MWh, and a 20 MW electrolyser. The hydrogen produced in the project will primarily be used for green fertilizer production. The 20 MW electrolyser is scheduled to commence operations in 2021.

Contract award is subject to mutual agreement on the final agreement on terms and conditions, technical details, and board approval.

For further information, please contact:

Jon André Løkke, CEO, +47 907 44 949

Kjell Christian Bjørnsen, CFO, +47 917 02 097

About Nel ASA | www.nelhydrogen.com

Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. We serve industries, energy, and gas companies with leading hydrogen technology. Our roots date back to 1927, and since then, we have had a proud history of development and continuous improvement of hydrogen technologies. Today, our solutions cover the entire value chain: from hydrogen production technologies to hydrogen fueling stations, enabling industries to transition to green hydrogen, and providing fuel cell electric vehicles with the same fast fueling and long range as fossil-fueled vehicles – without the emissions.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/nel-asa/r/nel-asa–selected-by-iberdrola-as-preferred-supplier-for-a-20-mw-green-fertilizer-project-in-spain,c3230644

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PR Newswire

Color Star Technology to Add Interactive Live Streaming Feature to Its “Color World” App on October 15, 2020

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NEW YORK, Sept. 25, 2020 — Color Star Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company", or "Color Star"), a company engaged in the businesses of providing online and offline paid knowledge services for the media, entertainment and culture industries globally, today announced that it will upgrade its Color World App with interactive live video streaming feature on October 15, 2020.

"We are excited about the upcoming upgrade which adds interactive live streaming feature (the "New Feature") to our highly popular Color World App which has gained tens and thousands of users following the official launch of its Chinese version on September 10, 2020. With the New Feature, we plan to sponsor more interactive live events, such as, virtual celebrity-fan meetings, interactive training courses, and live concerts, among others. As we are committed to providing best in class user experiences for our live events, we are also accelerating the development of Augmented Reality ("AR") features for the Color World App," said Luke Lu, Chairman and Chief Executive Officer of Color Star.

"As we are constantly bringing more musicians, actors, and artists to our platform which in return attracts more fans, followers, and paid users to our platform, the New Feature is poised to take our user engagement to another level going forward," concluded Mr. Lu.

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: HHT) offers online and offline paid knowledge services for media, entertainment and culture industries globally. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company’s online education is provided through its Color World music and entertainment education platform. The Company also offers after-school entertainment tutoring in New York via its joint venture entity Baytao LLC. More information about the Company can be found at www.colorstarinternational.com.  

Forward-Looking Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.  Specifically, the Company’s statements regarding the proposed acquisition of FENT are forward-looking statements. Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the educational and training services market in China and other countries where HHT conducts its business; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Tony Tian, CFA 
Email: ttian@weitianco.com  
Phone: +1-732-910-9692

 

Related Links :

https://www.colorstarinternational.com/

PR Newswire

Hytera Launched the Latest Broadband Emergency Communication Products

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SHENZHEN, China, Aug. 17, 2020 — In 2020, the COVID-19 and some natural disasters seriously threaten the society health, life and property, and in face of such challenges, the emergency communication becomes more and more important for the first-response rescue of government. 

For the overall promotion on the capacity of the emergency rescue, Hytera has rolled out the cutting-edge products and solutions for emergency communication in 2020. Recently, Dr. Guan Bao, the general manager of Broadband System BU of Hytera, gave a comprehensive introduction of these latest technologies and products as well as the expectation of emergency communication in the future.

At the end of Q2 in 2020, Hytera has officially released its latest broadband products for emergency communication, and consolidated its leadership in professional communication in further. "The latest intelligent products were built on smart phone SoC with the advantages of high integration, super capacity, small form factor and low power consumption etc.," Dr. Guan explained "We insisted on the 4G and 5G mainstream technology directions on the waveform design even though it’s more complicated. Under the 3GPP specification, we developed the industry-leading cognitive mesh technology, which significantly improved the anti-jam ability, and the radio link became more robust and stable. With the cognitive on network and service, it supports more flexible topology and end-to-end QoS mechanism." Dr. Guan highlights 3 latest products.

PNE380: multi-mode mesh radio

PNE380: multi-mode mesh radio
PNE380: multi-mode mesh radio

The PNE380 is featured with small form factor, and the weight of 288g is almost the lightest mesh radio in the industry. PNE380 is designed as a brand-new handheld radio that is capable of offering voice, data and video multimedia service, and similar to the traditional DMR radios in dimensions, appearance as well as usage mode. 

According to Dr. Guan, the PNE380 performs great despite its small size and low weight. Firstly, the PNE380 can flexibly switch between the cellular mode and the mesh mode on customers’ demands, which enriches the application scenarios of the radio. Secondly, with dual-band design, the PNE380 can work over both U and L band, and supports auto frequency scanning and selection, thus offering much better anti-jamming performance than the traditional single-band radio. Thanks to the superior signal processing capability of SoC chipset as well as the advanced technology of 4G and 5G, the PNE380 offers outstanding demodulation performance. Despite 0.5 watt transmit power, the single-hop distance with HD video service on the ground approaches to 1.5 Km with typical antenna, even longer than the distance of some backpacked mesh radio with high transmit power.

The PNE380 is powered with ARM cores and multimedia accelerators, and supports Android OS and customized Apps on actual demands.

Also, it provides rich peripheral interfaces for the flexible functionality extension.

In addition to high definition video services, the PNE380 radio can also offer various voice services through the Push-to-Talk over Cellular (PoC) software, such as trunking group call, multi-party conference and more. Dr. Guan said that Hytera will launch more smart mesh radios to further enrich product forms and improve the performance of the overall solution.

Dr. Guan Bao noted that in addition to complete terminal products, Hytera is also engaged in module and board integration. Hytera is open to jointly develop innovative products with partners, promote the innovation of technologies, products and solutions through crossover cooperation, and build a more open ecosystem.

Dome Camera over Mesh Network

The dome cameras are widely used in fire, public security, energy and other industries to capture videos in emergencies. At present, dome cameras feed live video over public networks. However, in many emergency situations, public networks might be unavailable or congested, resulting in video backhaul failures. This adversely affects decision making for emergency.

To solve the problem, Hytera together with its partners embeds the mesh module into the pedestal of the dome camera. Therefore, when public networks are congested, the dome camera can backhaul video to the command center over mesh network, which significantly improves situational awareness and facilitates decision making.

The cost-effective and integrated pedestal can be easily installed and connected to PNE380, manpack radios, mobile radio, and other mesh products, which brings a more practical solution.

Adhesive Communication Box

The devices, no matter manpack, handheld, or wearable, will increase the burden on the first responders. As the first responders move or improperly carry the devices, the communication performance might be affected. Considering the emergency situations on the site, Hytera along with its partners has proposed the creative concept of adhesive communication box.

Dr. Guan showed an upcoming adhesive communication box that weights over 400 g. The box is easy to be recycled and pasted to the wall, light pole and other facilities by reusable universal pastes. Thus, customers give the box a vivid nickname "chewing gum". Featuring rich peripheral interfaces, the box also can be integrated with the AI edge computing module or Internet of Things (IoT) module, which further improves process capabilities and makes the box suitable for more scenarios.

5G technologies facilitate the development of the device-to-device (D2D) technologies, which have been widely applied to sectors such as the Internet of Vehicles (IOV) and Internet of unmanned intelligent devices. Dr. Guan pointed out, with the 5G-driven evolution of 3GPP-based mesh network technologies, Hytera will adhere to mainstream mesh network technologies and constantly upgrade mesh products. Based on unmanned drones and vehicles, 5G technologies shows great potential in the development of emergency communications toward the air-ground integration and man-machine coordination.

"5G technologies will promote the comprehensive and leapfrog development of emergency communications," Dr. Guan said. Hytera will embrace the opportunities and challenges to foster innovation, deepen cooperation, and expand the application of 5G in the field of emergency communications.

According to Dr. Guan, radio communication is indispensable in emergency communications. Hytera’s e-Fusion emergency communications solutions have been put into commercial use and won a large number of customers in both domestic and overseas markets. With the launch of more new technologies and products, Hytera’s emergency communications products will develop toward miniaturization, intellectualization, and higher practical performance. Moreover, based on the modular design, Hytera expects to establish an open and innovative platform to enhance development of emergency communications.

Photo – https://photos.prnasia.com/prnh/20200817/2887072-1?lang=0

 

PR Newswire

Kuaishou Cements its Place among China’s Internet Giants: Latest Industry Report

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The app has reported 41.5% YoY growth of MAUs

BEIJING, Aug 7, 2020 — Short videos and livestreaming are no longer niche industries, as shown by data collected by Quest Mobile (QM), a big data monitoring agency. The company recently released its highly influential China Internet 2020 report. Kuaishou, a Tencent-backed company, was given special mention in the report, as both its user growth and revenue share surpassed market expectations.

Kuaishou, one of the most popular short video platforms in China, reported a 41.5% YoY growth from June 2019. Recording over 300 million daily active users (DAUs), Kuaishou has outgrown its more established competitors and has shown that it is here to stay.

Kuaishou is the only short video platform that gained the most user numbers with its short video and live broadcast platforms (Kuaishou Lite and Kuaishou) occupying the 4th and 5th place, respectively, according to figures from the June 2020 Internet Activity Ranking.

According to QM’s report, the monthly active users (MAU) of the livestreaming and short video sector increased to 852 million in China. The sector accounts for nearly 20% of total network user duration, second only to instant messaging. It also became the second largest industry in the media space and surpassing even the online video industry in terms of advertising revenue. Overall, the industry’s revenue pie has grown by 30% YoY.

Kuaishou was credited with organizing the Spring Festival Gala and attracting the likes of celebrities such as Jay Chou and Lang Lang to conduct record-breaking livestreams on its platform. Kuaishou saw success as over 910 million people watched the Gala, of which 79.6% watched via short video platforms. The ability of short videos to attract and retain users have normalized the mainstream population, even in China’s first-and-second-tier cities.

The report also showed that Kuaishou emerged as the popular choice for millions of Chinese livestreaming e-commerce sellers, including e-commerce giants like JD.com. The QM report credited Kuaishou’s livestreaming effort as a substantial driver of the growing e-commerce industry in China. The industry so far has been embraced by over 1 billion users, of which 100 million, or 10%, are from Kuaishou.

China has shown the effectiveness of short video and livestreaming content in driving commercialization. Platforms like Kuaishou are driving individuals, enterprises, industries, and governments to experiment with using new content forms to achieve transformation, growth and development.

About Kuaishou Technology

Kuaishou Technology develops content sharing platforms and makes content production, distribution and consumption fast and easy. Our content recommendation system is built on a deep understanding of our users and the content being shared on our platforms every day.

Our flagship product, Kuaishou, is China’s leading short video sharing and social networking platform that enables users to capture the unique and memorable moments of their everyday lives, and to interact with followers in real-time. Our technology offers users a highly personalized experience and encourages members from all communities to create and discover interesting and dynamic content.

Founded in 2011, Kuaishou Technology is headquartered in Beijing with more than 10,000 employees and offices in China, the United States, India and Brazil. Our notable investors include DCM Ventures, Morningside Venture Capital, Sequoia Capital, Temasek Holdings, Tencent and Baidu. For more information, please visit www.kuaishou.com.

  • March 2011 GIF Kuaishou was created as a product tool for creating animated GIFs
  • October 2013 GIF Kuaishou was transformed into a short-form video social platform – Kuaishou
  • January 2015 Kuaishou’s DAU (daily active user) exceeded 10 million
  • September 2017 Kuaishou’s total users exceeded 600 million and DAU exceeded 80 million
  • December 2017  Kuaishou’s DAU exceeded 100 million
  • June 2018 Kuaishou Technology completed the acquisition of Acfun, an ACG video community
  • May 2019 Kuaishou’s DAU exceeded 200 million
  • March 2020 Kuaishou’s DAU exceeded 300 million
  • July 2020 Kuaishou’s Livestream DAU surpassed 170 million

To download Kuaishou, click here.

CONTACT: Zhang Chuanshi, zhangchuanshi@kuaishou.com, +86-134-8881-8382

Related Links :

http://www.kuaishou.com

PR Newswire

SiriusXM Adds Australian Football League Matches, Weekly Show with Eddie McGuire to Sports Lineup

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Renowned Australian commentator and AFL Club President Eddie McGuire to host “Aussie Football Rules America with Eddie McGuire“ every Thursday exclusively on SiriusXM

SiriusXM’s AFL Match of the Week kicks off tonight, June 4 with a replay of the classic 2018 AFL Grand Final; Weekly games from 2020 season begin airing June 11 when season resumes

NEW YORK, June 4, 2020 /PRNewswire/ — SiriusXM announced today that it is adding Australian Football League programming to its sports lineup for the first time ever, featuring a new exclusive show hosted by Australian media icon Eddie McGuire, as well as play-by-play broadcasts of an AFL Match of the Week.

Aussie Football Rules America with Eddie McGuire will debut tonight, June 4th and will air every Thursday from 6:00-7:00 pm ET, on SiriusXM’s Dan Patrick Radio channel (ch. 211), recapping the previous week’s AFL action and looking ahead at the exciting matches in the weekend ahead.

McGuire is a household name in Australia as one of the most prominent media personalities in his home country.  He has been deeply involved in Australian Rules Football throughout his life, from his days as a youth player and his first job as an Australian Rules Football statistician and reporter, to playing a leading role in his country’s sport today. 

A passionate and devoted Collingwood fan since childhood, McGuire became one of the youngest Presidents in football when at 33 years of age he took over Australia’s most famous club at its lowest period in its history.  Since then he has presided over Collingwood reclaiming its position as a powerhouse in Australian sport, both on and off the field, with the building of state of the art training facilities and being central to the rebuilding of the Melbourne Cricket Ground where Collingwood regularly plays in front of crowds of over 90,000 people.  On the field Collingwood won the Grand Final of 2010 and has been to the big dance in 2002, 2003, 2010 (for a draw and a famous replay win), 2011 and 2018.  Collingwood has also made the playoffs 12 times in that period. 

McGuire was honored with the Australian Sports Medal for services to Australian Rules Football, the Centenary Medal for services to the Media and Football and the Order of Australia Medal AM for services to ‘Philanthropy and the Media.’  He is also a member of the MCG and AFL Media Hall Of Fame.

“SiriusXM serves millions of fans and listeners across North America and I’m thrilled to be bringing our great sport to their sports lineup for the first time,” said McGuire.  “There’s not a better platform for me to connect with Aussie Rules fans on the other side of the world, and to share the news of our sport as we get back into action this month.  If you’re not fan of Aussie Footy yet, join us!  You will be!”

McGuire is one of the country’s most watched and listened to TV and radio personalities.  In addition to being a prominent Australian Rules commentator and host on Fox Sports and the Nine Network, he is host of the hugely popular The Hot Breakfast radio show in Melbourne, and weeknights hosts the Channel Nine program Millionaire Hot Seat, the Australian version of Who Wants To Be A Millionaire? which he has done since 1999.  McGuire has hosted and called Olympic Games, Formula One races, The Logie Awards (the Australian version of the Emmys) and numerous other major event television and radio shows throughout his career.  He is also the former CEO of the Nine Network and is the Chairman of his own media production business.

“Eddie is an icon in sports and entertainment in Australia, and with his history in the sport and knowledge of the game, he’s the perfect host for our first show dedicated to Australian Rules Football,” said Scott Greenstein, SiriusXM President and Chief Content Officer.  “Aussie Football Rules America will be entertaining and informative, and we’re very excited to present it along with AFL matches on our air for the first time.  No matter where AFL fans are from, they can stay connected with the game and their teams.  We look forward to introducing this great sport to more fans in North America.”

Immediately following Aussie Football Rules America, SiriusXM listeners will hear a special rebroadcast of the Australian Football League’s Match of The Week called by the number one AFL radio broadcast, Triple M (Southern Cross Austereo).  The 2020 AFL season is set to resume on June 11 after it was paused due to the COVID-19 pandemic.  Tonight listeners will hear the classic 2018 Grand Final match between the West Coast Eagles and the Collingwood Football Club.

“SiriusXM is the leading audio entertainment platform in the United States and to be able to take our game, Australian Rules Football to the millions of listeners via their sports programming is a partnership the AFL is proud to be a part of,” said Gillon McLachlan, AFL Chief Executive Officer.  “We love our footy in Australia and look forward to sharing its passion with the audience in North America.”

Aussie Football Rules America with Eddie McGuire and AFL matches will air nationwide on SiriusXM’s exclusive Dan Patrick Radio channel, which is available on SiriusXM radios (channel 211), online at SiriusXM.com and on the SiriusXM app for connected devices and speakers.

The Australian Football League (AFL) is the pre-eminent competition of Australian Rules Football.  The league consists of 18 teams spread over five of Australia’s six states competing in a 23-round regular (home-and-away) season. The team with the best record after the home-and-away series is awarded the “minor premiership.”  The top eight teams then play off in a four-round finals series, culminating in the AFL Grand Final.  For more on the AFL go to afl.com.au.

SiriusXM is now offering listeners its best streaming offer yet: Sign up to stream SiriusXM for 4 months free with a new subscription.  To see offer details and to start listening on the SiriusXM app, on connected devices and smart speakers in your home, go to SiriusXM.com/HomeFree.

Aussie Football Rules America with Eddie McGuire is produced in Melbourne, Australia by JAMTV Australia.

About SiriusXM

Sirius XM Holdings Inc. (NASDAQ: SIRI) is the leading audio entertainment company in the U.S., and the premier programmer and platform for subscription and digital advertising-supported audio products. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S. SiriusXM and Pandora together reach more than 100 million people each month with their audio products. SiriusXM, through Sirius XM Canada Holdings, Inc., also offers satellite radio and audio entertainment in Canada. In addition to its audio entertainment businesses, SiriusXM offers connected vehicle services to automakers and directly to consumers through aftermarket devices. For more about SiriusXM, please go to: www.siriusxm.com.

About JAM TV Australia
JAM TV is one of Australia’s largest independent production companies specializing in sport and entertainment. Each year, JAM TV produces more than 1000 hours of television and audio content to major broadcasters from original formats, live sport and studio based entertainment. For more information, please visit https://jamtvaustralia.com.au

This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “believe,” “intend,” “plan,” “projection,” “outlook” or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.

The following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements:  the current coronavirus (COVID-19) pandemic is adversely impacting our business; our substantial competition that is likely to increase over time; our efforts to attract and retain subscribers and listeners, or convert listeners into subscribers, which may not be successful, and may adversely affect our business; our Pandora ad-supported business has suffered a loss of monthly active users, which may adversely affect our Pandora business; privacy and data security laws and regulations may hinder our ability to market our services, sell advertising and impose legal liabilities; we engage in extensive marketing efforts and the continued effectiveness of those efforts are an important part of our business; consumer protection laws and our failure to comply with them could damage our business; a substantial number of our Sirius XM subscribers periodically cancel their subscriptions and we cannot predict how successful we will be at retaining customers; our ability to profitably attract and retain subscribers to our Sirius XM service as our marketing efforts reach more price-sensitive consumers is uncertain; our failure to convince advertisers of the benefits of our Pandora ad-supported service could harm our business; if we are unable to maintain revenue growth from our advertising products, particularly in mobile advertising, our results of operations will be adversely affected; if we fail to accurately predict and play music, comedy or other content that our Pandora listeners enjoy, we may fail to retain existing and attract new listeners; if we fail to protect the security of personal information about our customers, we could be subject to costly government enforcement actions and private litigation and our reputation could suffer; interruption or failure of our information technology and communications systems could impair the delivery of our service and harm our business; we rely on third parties for the operation of our business, and the failure of third parties to perform could adversely affect our business; our business depends in part upon the auto industry; our Pandora business depends in part upon consumer electronics manufacturers; the market for music rights is changing and is subject to significant uncertainties; our ability to offer interactive features in our Pandora services depends upon maintaining licenses with copyright owners; the rates we must pay for “mechanical rights” to use musical works on our Pandora service have increased substantially and these new rates may adversely affect our business; failure of our satellites would significantly damage our business; our Sirius XM service may experience harmful interference from wireless operations; failure to comply with FCC requirements could damage our business; economic conditions, including advertising budgets and discretionary spending, may adversely affect our business and operating results; if we are unable to attract and retain qualified personnel, our business could be harmed; we may not realize the benefits of acquisitions or other strategic investments and initiatives, including the acquisition of Pandora; our use of pre-1972 sound recordings on our Pandora service could result in additional costs; we may from time to time modify our business plan, and these changes could adversely affect us and our financial condition; we have a significant amount of indebtedness, and our debt contains certain covenants that restrict our operations; our facilities could be damaged by natural catastrophes or terrorist activities; the unfavorable outcome of pending or future litigation could have an adverse impact on our operations and financial condition; failure to protect our intellectual property or actions by third parties to enforce their intellectual property rights could substantially harm our business and operating results; some of our services and technologies may use “open source” software, which may restrict how we use or distribute our services or require that we release the source code subject to those licenses; rapid technological and industry changes and new entrants could adversely impact our services; existing or future laws and regulations could harm our business; we may be exposed to liabilities that other entertainment service providers would not customarily be subject to; our business and prospects depend on the strength of our brands; we are a “controlled company” within the meaning of the NASDAQ listing rules and, as a result, qualify for, and rely on, exemptions from certain corporate governance requirements; while we currently pay a quarterly cash dividend to holders of our common stock, we may change our dividend policy at any time; and our principal stockholder has significant influence, including over actions requiring stockholder approval, and its interests may differ from the interests of other holders of our common stock. Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found in our Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, which are filed with the Securities and Exchange Commission (the “SEC”) and available at the SEC’s Internet site (http://www.sec.gov). The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication.

Source: SiriusXM

Media contacts:
Andrew FitzPatrick, Andrew.FitzPatrick@SiriusXM.com
Kevin Bruns, Kevin.Bruns@SiriusXM.com

Logo – https://techent.tv/wp-content/uploads/2020/06/siriusxm-adds-australian-football-league-matches-weekly-show-with-eddie-mcguire-to-sports-lineup.jpg

Source: Sirius XM Holdings Inc.

PR Newswire

LiveU Launches the LU800 – First Production-Level Field Unit

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Combining multi-camera production with mission-critical transmission over native 5G, the LU800 changes the rules of the game for live news and dynamic sports productions

HACKENSACK, New Jersey, June 2, 2020 /PRNewswire/ — LiveU today unveiled its all-in-one production-level field unit for live news and sports coverage. The LU800 combines multi-camera production and superior video and audio capabilities with mission-critical transmission in a native 5G unit. Designed from the ground up to unlock 5G potential, the unit offers unparalleled quality of service and resiliency.

LiveU's LU800 Production-Level Field Unit
LiveU’s LU800 Production-Level Field Unit

The LU800 supports up to four fully frame-synced feeds in high resolution from a single unit, using powerful IP bonding of up to 14 connections. The unit also offers the highest-quality video performance, with up to 4Kp60 10-bit HDR transmission for optimal color depth and richness, as well as up to 16 audio channels for high-end productions.

Samuel Wasserman, LiveU’s CEO, said, “Launching this ground-breaking product has taken on extra relevance, with the industry experiencing social distancing and budget limitations. There is an acute and growing need for high-quality, reliable and cost-effective solutions, supporting remote production (REMI) workflows. The LU800 offers unlimited possibilities for customers to enrich their productions and cover more events at a fraction of the cost of traditional transmission methods.”

The LU800 provides new levels of resiliency, combining superior 5G performance with up to eight 5G internal, dual-SIM modems, supported by high-efficiency internal antennas. The unit has been optimized for 5G operations, addressing unique 5G requirements with maximum versatility and full support for 5G network evolution.

Wasserman continued, “With the return of live sports, 5G is expected to play a significant role in live production and contribution. The LU800’s smart 5G-bonding technology enhances the sustainability of video quality in sports stadiums and other venues, taking advantage of the increased bandwidth, lower latency and greater speeds offered by 5G networks. Our successful live 5G broadcasts with leading US, APAC and European cellular providers, together with our ongoing participation in EU 5G collaborative projects, have strengthened our knowledge and expertise in this field, enabling us to enhance our algorithms and solutions accordingly.” 

With the LU800, LiveU now offers a full end-to-end contribution, production and distribution solution. The unit’s multi-camera production streams are fully managed by the LiveU Central cloud-based management platform and automatically fed into the LiveU Matrix IP content management and distribution workflow.

Available now, the LU800 product series accommodates any customer need or production scenario with multi-camera and single camera variants.

Watch the live LiveU press conference on our Facebook and YouTube pages.

About LiveU  
LiveU is changing the rules of the game for live news and dynamic sports coverage, providing all-in-one production-level field units for live video streaming and remote production workflows. Together with its cloud-based management and next-gen IP distribution platforms, LiveU offers the most cost-effective end-to-end contribution, production and distribution solution. The inventor and innovator of cellular bonding, the Company is synonymous with high-quality and flawless live video solutions, transmitted from anywhere in the world. With over 3,000 customers in 130+ countries, LiveU’s technology is the solution of choice for global broadcasters, news agencies, sports and entertainment, streaming live video to TV, mobile, online and social media.  For more information, visit www.liveu.tv, or follow us on Twitter, Facebook, YouTube, LinkedIn or Instagram.

Contacts:
Joyce Essig (US)
201-742-5229
Joyce@liveu.tv

Joss Armitage (Int’l)
+44-7979-908-547
joss@jumppr.tv

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PR Newswire

TVU Networks’ New Feature for Social Production Enables Real-time Virtual Communication and Interaction Among Production Crew and Talent

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MOUNTAIN VIEW, CA, May 29, 2020 /PRNewswire/ — TVU Networks, a technology and market leader in IP and cloud based live video solutions, announced the introduction of Partyline, a groundbreaking development for social production. With Partyline, call participants can achieve a unique level of communication and interaction from remote locations as though they were in the same physical studio while producing live and pre-recorded programming. Partyline enables production personnel, talent and tools to collaborate remotely in real time with full HD video quality and perfectly synchronized audio and video. Partyline is making its debut as an integrated part of award-winning TVU Producer, a simple and scalable cloud-based solution for broadcast quality production, and will also be incorporated within the TVU ecosystem for use with other TVU solutions.

TVU Partyline - Live Cloud Production with Broadcast Quality Video Conferencing
TVU Partyline – Live Cloud Production with Broadcast Quality Video Conferencing

TVU Networks is holding a webinar on Friday, May 29th at 10am PT, to unveil Partyline as a part of TVU Producer and demonstrate its capabilities for social production. The recorded video will also be available after the completion of the webinar at the TVU website. Learn more: https://bit.ly/2XB2yZf

“The global COVID pandemic has shifted the dynamic of TV production collaboration, requiring talent and technical staff to produce programming from their living rooms,” explains TVU Networks’ CEO Paul Shen. “Thus far, they’ve relied on readily available videoconferencing solutions that have significant limitations when it comes to professional studio production, particularly for true team collaboration. The challenge is how to bring the production crew, technical team, talent and tools together in a virtual studio environment, while producing a full HD/4K broadcast quality video remotely. Professional broadcasters require the ability to interact in real-time while producing programs in fully synchronized and broadcast quality audio and video. When achieved, that’s what we’re calling social production. It should be as close to in-person communication and interaction as possible. Producers shouldn’t have to settle for something that makes creating their important work more cumbersome.”

The virtual environment within Partyline is made possible with a Real Time Interactive Layer (RTIL) TVU’s patented Inverse StatMux Plus (IS+) technology delivers well-established quality and stability, and RTIL adds a layer of real-time interaction. All participants are granted access to a Partyline through a shared URL, which allows them to watch all program feeds live and interact, discuss, control and participate the production together in real time, as if they are in the same physical location. Thanks to TVU’s IS+ transmission algorithm, full HD/4K quality and perfectly synced audio/video signal are able to meet the demands of professional video productions.

Partyline delivers the following:

  • Real-time participant interaction with unobservable video and audio delay
  • Mix minus feedback elimination without special wiring for audio
  • Perfectly synced signals
  • Program feeds viewable in real-time
  • IS+ enabled full broadcast quality and synced audio/video signal transmitted to a TVU Transceiver, TVU Grid or TVU Producer
  • Signal routing to any location
  • Easy participation using a simple URL

About TVU Networks

TVU Networks is a global organization with more than 3,000 customers using its IP and cloud-based workflow solutions across multiple industries including news, entertainment media, sports, corporate, streaming, houses of worship and government. Through the use of AI and automation driven technology, TVU helps broadcasters realize an efficient metadata and story-centric workflow through its TVU MediaMind platform for live video content acquisition, indexing, production, distribution and management. The company has been on the forefront of developing the tools needed to revolutionize and streamline the Media Supply Chain. TVU is a critical part of the operations of many major media companies worldwide and is a Technology and Engineering Emmy® Award winner. For more information about TVU Networks solutions, please visit https://bit.ly/2ZMjazU.

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PR Newswire

Prysm Launches 225″ LPD World’s Largest Seamless Interactive Display- Preparing Businesses for Pandemic and Post-pandemic World

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SAN JOSE, California, BEIJING and DUBAI, U.A.E., May 28, 2020 /PRNewswire/ — Prysm Inc.,a leading display and visual collaboration solutions provider is creating a new category in the display market by unveiling its World’s largest seamless interactive display – the Prysm Laser Phosphor Display (LPD) 6K  Series, 225″ which is 20ft wide and 5ft high. The Prysm LPD 6K Series are interactive large-format displays that offer a panoramic image uninterrupted by seams or bezels.

Prysm launches World’s Largest Seamless Interactive & Energy-Efficient Display
Prysm launches World’s Largest Seamless Interactive & Energy-Efficient Display

The LPD 6K Series deliver top-notch experiences across different use cases. The flexible, impact-resistant surface offers smooth touch interaction and can be viewed at any distance & at any angle without eye fatigue. The latest interactive LPD is an extremely energy-efficient, shatter-resistant, flexible and offers rollability for transport.

The LPD 6K Series is uniquely optimized for executive briefing centers, command and control centers, training rooms, collaboration and innovation centers. Coupled with Prysm’s visual collaboration platform, it makes meetings, presentations & analysis more engaging and immersive, resulting in better, faster decisions. It is ideal for central monitoring of business processes and workflows across the entire organization.

The new modular design helps speed display integration and permits installation in a variety of locations. The durable front screen – made of a specially coated polycarbonate layer – is rolled into a cylinder for easy transport. It can enter through standard doors and passenger elevators during set-up. The LPD 6K Series 225″ is currently in general availability & shipping to partners & customers.

“We are excited to launch our largest LPD seamless interactive display, the LPD 6K 225″. Prysm has been constantly innovating and pushing the boundaries of technology,” said Amit Jain, President and CEO of Prysm. “In today’s challenging business environment, where organizations are looking for interactivity, seamless integration, connectivity and collaboration, we allow teams to work together from any part of the world, saving countless travel hours and resources.”

“Virtual life-like experiences will become so much more important in the new age of reducing travel and commuting to prevent undue health exposures while helping the environment. The LPD 6K 225″ adds to the existing product line; the LPD 6K 190″ and the LPD 6K 135″. The new 225″ form factor allows displaying two large 125″ 16:9 content side-by-side with uncompromised scaling. Simultaneous data and visual feeds can be broadcasted to and from mobile or standalone displays with high cloud security,” said Dr Roger Hajjar, Founder and CTO, Prysm.

Video

About Prysm

Source: Prysm Inc.

PR Newswire

Sushant Rai Joins TVU Networks as New Vice President of Sales for South Asia, Middle East and Africa

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MOUNTAIN VIEW, CALIFORNIA, May 11, 2020 /PRNewswire/ — Sushant Rai is the new Vice President, Sales – South Asia, Middle East and Africa for TVU Networks, a technology and market leader in cloud and IP-based live video solutions. Sushant will lead strategic sales efforts across all three major regions with sales and solutions teams consolidating under his leadership.

Mr.Sushant - TVU Vice President of Sales
Mr.Sushant – TVU Vice President of Sales

Prior to joining TVU, Sushant held multiple senior executive roles in well-respected technology and solutions providers in the broadcast industry. Most recently at Harmonic, he was Managing Director, Sales for South Asia for three years. Prior to that, Sushant was Head, Broadcast and Operator Sales for Dolby Labs in India. Before joining Dolby, he was Director, Media Asset Management, South Asia for Vizrt.

“Sushant brings proven sales leadership success and technology acumen to strategically critical regions of the world for us, and we are delighted to welcome him to the TVU family,” said Paul Shen, CEO, TVU Networks. “During a time of transition globally in the broadcast industry, his deep knowledge of broadcast systems and accomplishments in delivering workflow design and implementation will serve our current and future customers well. As a passionate evangelist for media technology, we are looking forward to having his insights help guide growth across Asia, Middle East and Africa and on global initiatives as a part of the executive team.”

“During this unprecedented time, our customers are faced with business continuity challenges that require them to rethink the way broadcast workflows can be operated and managed. In order to deliver the same media content their viewers have come to expect, broadcasters must look to more cloud and IP based technologies and solutions to overcome the current restrictions which have impacted traditional in-studio workflows,” says Sushant. “TVU is well positioned to help all broadcasters to transition to cloud and IP solutions that will help minimize disruption and to take advantage of efficiency in workflows. I am excited to be able to lead our teams and demonstrate our capabilities to our customers.”

About TVU Networks

Technology and Engineering Emmy® Award winning TVU Networks has over 3,000 customers globally. The TVU Networks family of IP and cloud-based transmission and live production solutions gives broadcasters and organizations a powerful and reliable workflow to distribute live video content to broadcast, online and mobile platforms. TVU has become a critical part of the operations of many major media companies. The TVU Networks suite of solutions has been used to acquire, transmit, produce, manage and distribute professional-quality live IP and cloud HD footage as an integral part of news, sports and major global events. For more information about TVU Networks solutions, please visit www.tvunetworks.com.

Photo – https://photos.prnasia.com/prnh/20200508/2798793-1?lang=0