Business News Holding

Tag: digital-media

  • Mvix Launches "Ultimate" 1080p Home Theater Media Player


    Mvix has announces the worldwide launch of the Mvix Ultio, a hard-disk based media center capable of HD digital media playback with video output as high as 1080p.

    The company claims the device supports the largest array of AV formats and codecs of any media player.

    Ultio supports most 1080p HD video codecs, and formats such as H.264, MKV, Dixv HD, MOV, VC-1, FLV, etc.

    It is also capable of playing unique formats such as AVC-HD (normally used in camcorder footage) or FLAC (the popular, uncompressed audio, craved by audiophiles).

    Mvix Ultio is being launched in two flavors: the regular version (without a HDD) is priced at USD $169, whereas the premium version (bundled with 1TB Hard Drive) will be available at USD $259.

    Mike Mallon, business development manager of Mvix, said the Ultio is internet-ready and pre-equipped with a network port and an optional Wireless-N capability.

    He said it sports a samba server and a UPnP implementation, allowing seamless integration with services like PlayOn or Tversity – for streaming video content from Netflix, Hulu, CBS, Youtube, CNN, ESPN and much more.

    "This is our most comprehensive product to-date and we feel very confident about its market traction," he said.

    The Ultio is available now.

  • Expansion Planned as Csathy Named President and CEO of Sorenson Media







    Sorenson Media has named Peter Csathy as its president and chief executive officer (CEO).

    Csathy is a 20-year veteran of the digital media industry with significant expertise in the online video arena.

    Sorenson Media specializes in online video compression and encoding technology and solutions.

    Csathy said he was looking forward to driving the company into new high growth areas.

    "Internet video is still in its early innings, and we see an opportunity to become a significant player in this multi-billion dollar and transformative industry," he said.

    Peter Csathy, CEO Sorensen Media

    Csathy worked in C-level roles at three successful high-growth companies, including most recently as CEO of SightSpeed, president and chief operating officer (COO) of Musicmatch, and COO of eNow.

    SightSpeed was acquired by Logitech late in 2008, in the midst of the current economic meltdown; Musicmatch was acquired by Yahoo in 2004; and eNow was acquired by AOL-Time Warner in 2006.

    Prior to these positions, Csathy served as senior VP at Universal Studios, with responsibility for driving and executing all national and global new business opportunities, M&A activity, strategic partnerships and initiatives for that company’s Recreation Group.

    He has also worked as a senior executive at Savoy Pictures Entertainment and New Line Cinema, after launching his career as a media and intellectual property attorney for clients in the motion picture and music industries.

    Csathy obtained his JD from Harvard University and his bachelor’s degree in political science, summa cum laude, from the University of Minnesota.

    He will direct all areas of Soreson Media’s operations and strategic initiatives.