By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Santa Clara, Calif. — Rovi turned a net profit on lower sales in its fourth quarter, ended Dec. 31, 2012.
Rovi reported fourth-quarter GAAP revenue of $157 million, compared with $174.3 million in the fourth quarter of 2011.
Fourth-quarter 2012 GAAP net income was $2.1 million, compared with a GAAP net loss of $49.3 million for the fourth quarter of 2011.
Last year’s fourth quarter included a $40.6 million impairment charge to reduce the carrying value of the intangible assets of the Roxio consumer software business to fair value less costs to sell.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Kirkland, Wash. – Digital cable tuner manufacturer Ceton this week announced an exclusive pre-order program with Newegg.com for the upcoming Ceton Echo Windows Media Center Extender.
Consumers can now pre-order the Ceton Echo at Newegg for $179 and receive a $10 Newegg gift card as well as free shipping.
The Ceton Echo is expected to ship to pre-order customers by Nov. 30 on a first-ordered/first-shipped basis.
New York — Boxee’s new $99 Boxee TV device will go on sale at more than 3,000 Wal-Mart Stores starting Thursday.
The web-connected Boxee TV device was designed to bring live television and online video together for home users.
Wal-Mart will carry the device exclusively during the holiday season, the companies said.
Wal-Mart plans to promote the unit both with in-store point of purchase materials in outside stores through circulars.
New York – Sling Media today rolled out its fourth-generation Sling Box, the company’s first new consumer introduction in four years.
The roll out consists of two devices, the Sling 350 and 500, along with a refreshed line of mobile apps that will allow these products to work with today’s crop of Android and iOS mobile devices.
“The game has really changed since we started — now there are smartphones and tablets,” said Jay Tannenbaum, Sling’s marketing VP.
Both will ship on Oct. 14 with respective prices of $179 and $299.
Verizon Communications in the next few months expects to roll out a gateway device, dubbed the Verizon Media Server, that will let third-party IP devices discover, access and control FiOS TV services -- but the company wants the FCC to postpone a rule mandating compliance with an “open” home-networking standard until mid-2014.
San Jose, Calif. – Netgear introduced Thursday its Push2TV wireless display adapter (PTV3000), which enables wirelessly mirroring a laptop, smartphone or tablet on a TV screen.
At the same time, Netgear also introduced three next-generation set-top boxes, designed to bring streaming multimedia services to TV sets. Highlighting the trio is the next-generation NeoTV Max, which adds DLNA support and a newly designed QWERTY-keypad enabled remote.
Amsterdam, The Netherlands - Belkin today announced the launch of its @TV, a media-streaming box that enables users to access content from their home theater on their personal and mobile devices, using Rovi Video.
Using the @TV application, users can navigate through Rovi's comprehensive collection of metadata on TV, movies and celebrities and find the content they want to watch, connect and watch it immediately, or record it remotely.