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."

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TEGNA Settles with FCC

The FCC Enforcement Bureau resolved its investigation into whether TEGNA subsidiary King Broadcasting aired obscene or indecent material over station KREM in Spokane, WA. The Commission received a complaint

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