SnapTV

Dec 23, 2016

NSSLGlobal Acquires Norwegian IPTV Provider SnapTV NSSLGlobal Acquires Norwegian IPTV Provider SnapTV © Photo: SnapTV [Via Satellite 12-23-2016] NSSLGlobal is acquiring Norwegian IPTV company SnapTV. The acquisition will see SnapTV and NSSLGlobal working together to promote and develop entertainment services for maritime and offshore companies. With advanced state of the art TV and media distribution rights for all of the major players, SnapTV is well positioned to enhance the working environment and crew welfare on ships and oil rigs. The deal with SnapTV signifies the start of NSSLGlobal’s new investment program where it proactively seeks out young innovative companies to invest in with applications that will work as an added value service to NSSLGlobal customers, whilst the two parties continue to work independently and attract their own clients. The investment program will see NSSLGlobal offer capital, contacts and expertise to help propel the start-ups to the next level. Established in 2006, SnapTV provides a range of infotainment software, hardware and services. Its infotainment software service includes television, recording (nPVR), video on demand and radio. Snap TV’s video on demand and TV streaming will provide a legally licensed home comfort that crews have shown a strong desire for. Traditionally companies have had two problems in providing such services for their crew: the affordability and bandwidth constraints of providing such services over satellite; and ensuring that crew abide by licensing rights when streaming videos (which ultimately the company is legally responsible for). Through the combination of SnapTV and VSAT IP@Sea NSSLGlobal is taking these problems away for its customers. NSSLGlobal will broadcast SNAP TV over a separate satellite channel to VSAT IP@Sea vessels without affecting other operational or crew welfare services or forcing customers to increase their satellite bandwidth packages, according to Sally-Anne Ray, Group CEO at NSSLGlobal. Related Stories OneWeb Gets $1.2 Billion in Funded Capital Led by SoftBank Group [Via Satellite 12-20-2016] OneWeb has secured $1.2 billion in funded capital from SoftBank Group and existing investors, of which $1 billion will come from SoftBank. The fundraising round will support OneWeb’s technological development and the construction of its high volume satellite production facility. The new facility, based in Exploration Park, Florida will be capable of […] SES to Carry Eight TV Channels for Ukrainian 1+1 Media Group [Via Satellite 12-19-2016] SES has signed a capacity deal with 1+1 Media Group, one of the largest media holdings in Ukraine. The long-term agreement is for the lease of one transponder on the Astra 4A satellite positioned at 5 degrees east. The capacity will enable 1+1 Media to host all of its eight channels on […] ELSE CEO: 2017 Big Year for Planned 64-Satellite Constellation [Via Satellite 12-15-2016] Swiss start-up ELSE has raised more than $4 million in funding, putting the company on track to launch two demonstration nanosatellites in the fourth quarter of 2017, the first in its 64-nanosatellite Machine-to-Machine (M2M) constellation, Astrocast. The company is still looking to raise the last $1 million in its seed funding round […] Bently Walker to Provide Echostar’s MSS for Voice and Data [Via Satellite 12-16-2016] EchoStar Mobile, a subsidiary of EchoStar Corporation, has selected Bentley Walker as the first European-wide distributor for its new satellite-based network that will provide IP-based Mobile Satellite Services (MSS) for voice and data. Bentley Walker will distribute equipment and provide service via the new EchoStar XXI satellite that is scheduled for launch […] Eutelsat Appoints Sandrine Teran Group Financial Officer [Via Satellite 12-16-2016] Eutelsat Communications has appointed Sandrine Teran as group Chief Financial Officer (CFO) and member of the executive committee. She will join Eutelsat on Jan. 9, 2017. Teran was formerly managing director of Louis Dreyfus Holding, based in the Netherlands, and has occupied other key executive positions in the Louis Dreyfus Group during […] Most Popular