Hasta La Gadget!

For some time now, Cablevision subscribers have been missing out on many of the internet-based and other offerings from The Worldwide Leader in Sports. Today, however, folks will be happy to know that The Walt Disney Company (ESPN’s parent outfit) and Cablevision have reached a deal which will bring access to a variety of new content on different platforms, including WatchESPN, ESPN3, ESPN 3D as well as on demand channels from ABC and Disney’s extensive repertoire. Mum’s the word on how much cash was involved in the deal, but we do know it’s a multi-year agreement and that Walt & Co. feel rather content about it, with a company’s spokesperson saying, “With our robust and ever-growing multi-platform content offerings, we’re pleased to be able to expand our relationship with Cablevision.”

Continue reading Cablevision inks deal with The Walt Disney Company, brings WatchESPN and more to subscribers

Filed under: Home Entertainment, Internet, HD

Cablevision inks deal with The Walt Disney Company, brings WatchESPN and more to subscribers originally appeared on Engadget on Thu, 04 Oct 2012 17:40:00 EDT. Please see our terms for use of feeds.

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BT thinks that it’s “highly likely” it’ll let its 2.6 percent stake in OnLive go to the wall. It told TechRadar that it was keeping a “close eye” on the gaming venture which is restructuring in the face of spiraling debt costs. The telecoms provider has promised that its customers will be able to access the service (for as long as it exists, we guess) and that the investment is a small enough figure that it won’t be worrying too much about its balance sheet.

Filed under: Gaming, Internet

BT planning to write off 2.6 percent stake in troubled OnLive originally appeared on Engadget on Tue, 21 Aug 2012 16:05:00 EDT. Please see our terms for use of feeds.

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Amid the rumors, sourced reports and statements, it was easy to lose track of the facts surrounding OnLive’s recent restructuring efforts. No surprise then, that the newly formed outfit has issued a press release and FAQ (after the break) in hopes will clear things up. First and foremost, the firm reiterates that the streaming game service will continue operating uninterrupted, and that the “newly formed company” that acquired the firm’s assets will continue to do business under the OnLive name. The announcement also mentions the Assignment for the Benefit of Creditors (ABC) process OnLive used to settle its debts, noting that “an affiliate” of Lauder Partners, a technology investment firm, was the new OnLive’s first investor. Finally, the firm laments the necessity of laying off its staff, stating that “neither OnLive, Inc. shares nor OnLive staff could transfer under this type of transaction,” confirming that nearly half of the previous staff had been offered positions at the new company, and optimistically projecting future hires culled from both previous and new employees. The new OnLive calls the asset acquisition “a heartbreaking transition for everyone involved,” but looks optimistically to a future of “transforming the OnLive vision into reality.” Check out OnLive’s full, official word on the matter below.

Continue reading OnLive officially announces asset acquisition, notes that its newly formed company will keep OnLive name

OnLive officially announces asset acquisition, notes that its newly formed company will keep OnLive name originally appeared on Engadget on Sun, 19 Aug 2012 22:45:00 EDT. Please see our terms for use of feeds.

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OnLive has finally issued an official statement after rumors of mass layoffs first leaked out earlier today, confirming that its assets have been acquired into a newly-formed company with what it claims is “substantial” financial backing. The big news for users is that the OnLive Game and Desktop services will remain operational and continue to be supported. The release also claims a “large percentage” of OnLive staff is being hired into the new company with plans to hire more over time, while PR informs us the leadership team remains intact. Check the words straight from the source after the break.

We’ve heard from some of the people present for the meeting where the new plan was revealed today, confirming the company is going through a process known as Assignment for the Benefit of Creditors (ABC). A faster alternative to bankruptcy that doesn’t involve the courts, it allows OnLive to deal with some of the issues it was facing, most notably an oversupply of servers for the number of users it had signed up. The ABC process allows OnLive to be unshackled from the expensive server contracts and bring in a new source of venture capital. Oh and that other major cost, the employees? Not all of the information is known yet, but beyond the loss of jobs, it turns out the stock they owned was in a company that no longer exists. We’re hearing their benefits will end after August, however there are offers of contracts to answer questions about important topics like “where things are,” in exchange for special form stock in the new venture.

Update: Joystiq has more information from a former employee, who estimated the average number of peak concurrent OnLive users at around 1,800 or so, and the amount of retained staff in the range of 20 percent. One other tidbit? The source expects OnLive to go after recent Sony acquisition Gaikai for infringement of a game streaming patent, so stay tuned.

Continue reading OnLive hits reset after being dragged down by expensive servers, confirms service will continue

Filed under: Gaming, Internet

OnLive hits reset after being dragged down by expensive servers, confirms service will continue originally appeared on Engadget on Fri, 17 Aug 2012 20:06:00 EDT. Please see our terms for use of feeds.

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The Viewdini streaming metasearch service launched a few months ago for Verizon’s 4G LTE-laden Android hardware, and now it’s finally available on iDevices. While the droid app is exclusive to those with a 4G plan on Big Red’s network, anything running iOS 4.3 and up can now make use of Viewdini, independently of carrier ties. As the screenshots above show, you’re also good to go on 3G, although you better watch that data allowance to avoid any nasty surprises. Interestingly, the iOS version currently only digs through the catalogues of 11 content providers compared with 18 on the Android version, but you’re still getting access to various big names like ABC, Crackle, Hulu Plus, Netflix and Verizon’s own video service. More providers should be added to the list soon, and if you’d like to give Viewdini a try, it’s available at the App Store now.

Filed under: Cellphones, Tablet PCs, Wireless, Internet

Verizon’s Viewdini appears on iOS: works on any network, hunts video from 11 sources originally appeared on Engadget on Tue, 14 Aug 2012 06:06:00 EDT. Please see our terms for use of feeds.

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