LG Electronics, Cable Operators Reach Two-Way ‘Plug And Play’ Accord
Pro-Consumer ‘tru2way™’Pact Clears Path for Video on Demand, Digital Video Recording and Other Interactive Services
ENGLEWOOD CLIFFS, N.J. July 2008 – LG Electronics Inc. today announced the signing of a memorandum of understanding (MOU) with the top six U.S. cable operators, supporting the use of the “tru2way™” technology platform for delivering two-way interactive digital cable services without a set-top box.
“This pro-consumer pact means that LG tru2way HDTVs planned for 2009 and beyond will receive the newest interactive cable services, from video on demand to interactive programming guides, in virtually every media market and without a set-top box. Equally significant, it will facilitate the development of a viable, two-way retail market,” said Dr. Woo Paik, LG Electronics president and chief technology officer.
Developed by Cable Television Laboratories Inc. (CableLabs™), tru2way “plug and play” technology is backed by the nation’s six largest cable companies – Comcast, Time Warner, Cox, CableVision, Charter and Bright House Networks – which together account for an estimated 80 percent of all U.S. cable subscribers and some 105 million homes passed.
Underscoring the significance of today’s announcement is LG’s role as one of the fastest-growing consumer electronics brands in the United States. A long-time supporter of the CableLabs OpenCable™ initiative, LG Electronics is a leading manufacturer of digital flat-panel displays, digital HDTVs and related digital video products.
Dr. Richard R. Green, president and chief executive officer of CableLabs, said, “With the addition of LG – the latest in a series of MOUs our industry has entered into with leading consumer electronics companies – this again validates our tru2way technology, which employs the same Java-based platform used in mobile phones, interactive broadcasting and Blu-ray HD digital video recorders. Tru2way will allow cable operators, consumer electronics manufacturers, content owners and others to work together to provide creative interactive services directly to the consumer.”
Tru2way technology allows consumers to receive interactive cable services, including video-on-demand, voting and polling, games, and e-commerce in integrated retail DTVs without the need for a separate set-top box.
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