Technicolor to provide HD set-top boxes to TV Globo for digital viewing deployment countrywide
Paris (France) - Technicolor (Euronext Paris: 18453; NYSE: TCH), today announced it has signed a contract with TV Globo in Brazil to provide HD set top boxes, bringing the digital TV Globo signal via C-band satellite to rural areas throughout the country.
Part of a privately owned Brazilian media Group, with a network of 122 television stations, among owned and operated and affiliated broadcasters, TV Globo is both producer and broadcaster of the most compelling TV content countrywide, generating over 2,500 hours of programming each year.
This deal positions Technicolor as the first digital HD set-top box provider certified by TV Globo for reception of their digital C-band signal.
“The decision to open up digital TV to rural Brazil creates a massive market opportunity for TV Globo,” said Georges Laplanche, Senior Vice President, Connect Division at Technicolor. “Brazil is a continental country and most people who live in rural areas use analogue receivers to access television programming, all of which must gradually migrate to digital. We are delighted to have been chosen as the first supplier certified by TV Globo.”
“We have a great commitment to serving the Brazilian population with high quality free-to-air local television programming, and are confident that Technicolor’s leading HD Set-top-box technologies will enable us to offer a high quality digital service to the extensive rural areas of our country,” said Liliana Nakonechnyj, Director of Transmission Technology for TV Globo,
TV Globo and its affiliates already transmit digital terrestrial TV in over 20 Brazilian metropolitan areas. The move to extend into rural areas via digital satellite transmission marks TV Globo’s strategy to offer digital TV to all households in Brazil, whether covered by the digital terrestrial signals transmitted by an affiliated broadcaster or outside the urban perimeter. The new Technicolor set-top box will incorporate a GPS unit which identifies whether it is located in a rural area; in this case, it will receive and decode TV Globo’s digital satellite signal (which will be known as TVDR - Digital Television for Rural Areas). In the beginning, TVDR will be launched featuring only one national digital signal in standard definition (SD), but regional signals will replace the national, region by region, and the signals will migrate to high definition (HD). The HD set-top box will offer superior video and sound quality with no interference or loss of quality or signal with rain. The system is already available in the state of Rio de Janeiro.
Technicolor is a company listed on NYSE Euronext Paris and NYSE stock exchanges, and this press release may contain certain statements that constitute “forward-looking statements” within the meaning of the “safe harbor” of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties, assumptions and other factors beyond Technicolor’s control that could cause actual results to differ materially from the future results expressed, forecasted or implied by such forward-looking statements due to changes in global economic and business conditions, risks related to its debt restructuring, and risks related to its operations in general. For a more complete list and description of such risks and uncertainties, refer to Technicolor’s Form 20-F (formerly Thomson) and other filings with the U.S. Securities and Exchange Commission and Technicolor’s Rapport Annuel and other filings with the French Autorité des marchés financiers.
With more than 95 years of experience in entertainment innovation, Technicolor serves an international base of entertainment, software, and gaming customers. The company is a leading provider of production, postproduction, and distribution services to content creators and distributors. Technicolor is one of the world’s largest film processors; the largest independent manufacturer and distributor of DVDs (including Blu-ray Disc); and a leading global supplier of set-top boxes and gateways. The company also operates an Intellectual Property and Licensing business unit. For more information: www.technicolor.com
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