Citing a temporary slowdown in US cable VOD spending, SeaChange said 1Q estimated revenue will be $30mln-$32mln, less than the previously expected $40mln. It expects a loss of $0.00-$0.03/share, vs the company’s previous guidance of net income of $0.03/share. SeaChange said long-term opportunities remain strong in the worldwide market, and that "given that US cable operators have started their digital simulcast deployments, we see another wave of growth coming in the sector."

The Daily

Subscribe

FCC Tees Up Review of Network/Affiliate Relationships

One day after President Trump said Brendan Carr should revoke ABC’s license after a reporter asked an Epstein files question, the FCC chairman announced a proceeding to examine “ways we can empower local

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Jobs

Seeking an INDUSTRY JOB or hiring for one?
VIEW JOBS

In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors. The result will be an even more robust industry job board, to help both employers and job seekers.

Contact us at marketing@cynopsis.com, for more information about posting a job on the website and our Jobs newsletter, sent twice weekly to 85,000 media professionals.