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4-Traders Homepage  >  Equities  >  Nasdaq  >  Charter Communications, Inc.    

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Cisco Systems : and Roku Collaborate to Expand Streaming Video Security Solutions

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05/17/2016 | 02:52pm CEST

Release date- 16052016 - BOSTON, INTX - Cisco and Roku Inc. today announce a collaboration to enable the Cisco VideoGuard Everywhere video service protection solution on Roku streaming players and Roku TVs.

Cisco VideoGuard Everywhere enables pay-TV operators to secure their content distribution to a wide variety of devices, which now includes Roku streaming players and Roku TVs. This collaboration will enable VideoGuard Everywhere to support the Charter Spectrum TV app available on Roku devices.

VideoGuard Everywhere is a software-based video service protection solution encompassing Conditional Access (CA) and Digital Rights Management (DRM).

Cisco and Roku are working closely to pre-integrate the VideoGuard Everywhere security software into Roku firmware. All Roku devices will be automatically upgraded to include Cisco security software. Initial features and services the solution will be able to support for the Spectrum TV app for Roku devices will now include secure video on demand (VoD) and linear content playback, as well as control of the number of devices used simultaneously per subscriber account.

'We have been working closely with Roku to deliver a lower-cost, easy-to-deploy software security solution leading to innovative services like the Spectrum TV app on the Roku platform,' said Rajeev Raman, senior director of Strategy, Studio Design, and Product Management, Video Software and Solutions, Cisco. 'Charter has been a pioneer in the industry for downloadable security to give its customers more options to watch what they want on the devices they want in their homes.'

'Utilizing the fast growing Roku streaming platform in combination with the Cisco VideoGuard Everywhere security solution enables operators to simply and securely deliver their branded video streaming services to the home, and optimally manage digital sharing rights for their content library,' said Andrew Ferrone, vice president of pay TV at Roku. 'With this powerful combination, Charter continues to offer its pay-TV customers unique options to watch TV in ways that fit their lifestyles.'

Charter is deploying the VideoGuard Everywhere solution across its systems, including the Worldbox and Charter Spectrum TV apps on a wide range of consumer electronic devices such as PCs, tablets and phones.

'We are always looking ahead for ways to make our customer experience better, providing more flexibility and options for accessing the television content people want to watch,' said Jim Blackley, executive vice president, Engineering and IT, Charter. 'By expanding the Cisco downloadable security solution to our Spectrum TV App channel on Roku streaming devices, we can better control device streaming rights and functions within the home without compromising on the experience.'

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide leader in IT that helps companies seize the opportunities of tomorrow by proving that amazing things can happen when you connect the previously unconnected. For ongoing news, please go to http://newsroom.cisco.com.

About Roku, Inc.

Roku is the creator of a popular streaming platform for delivering entertainment to the TV. Roku streaming players and the Roku Streaming Stick are made by Roku and sold through major retailers in the U.S., Canada, the U.K., the Republic of Ireland, France and Mexico. Roku licenses a reference design and operating system to TV manufacturers to create co-branded Roku TV models. Under the Roku PoweredTM program, Roku licenses its streaming platform to Pay TV providers around the world who want to use the Internet to deliver entertainment services through streaming players. Roku was founded by Anthony Wood, inventor of the DVR. Roku is privately held and headquartered in Los Gatos, Calif., U.S.

About Charter

Charter (NASDAQ: CHTR) is a leading broadband communications company and the fourth-largest cable operator in the United States. Charter provides a full range of advanced broadband services, including Spectrum TV video entertainment programming, Spectrum Internet access, and Spectrum Voice. Spectrum Business similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, business telephone, video and music entertainment services, and wireless backhaul. Charter's advertising sales and production services are sold under the Spectrum Reach brand. More information about Charter can be found at charter.com.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. Roku is a registered trademark and Roku TV is a trademark of Roku, Inc. in the U.S. and in other countries.

A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

Press Contact:

Sara Cicero

Tel: 770-331-0269

Email: stutzes@cisco.com

(c) 2016 Electronic News Publishing -, source ENP Newswire

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Financials ($)
Sales 2016 35 672 M
EBIT 2016 3 801 M
Net income 2016 375 M
Debt 2016 53 031 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017 75,06
EV / Sales 2016 3,26x
EV / Sales 2017 2,73x
Capitalization 63 391 M
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Charter Communications, In Technical Analysis Chart | US16117M3051 | 4-Traders
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 273 $
Spread / Average Target 15%
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Managers
NameTitle
Thomas M. Rutledge Chairman, President & Chief Executive Officer
John Bickham Chief Operating Officer
Christopher L. Winfrey Chief Financial Officer & Executive VP
James A. Blackley EVP-Engineering & Information Technology
W. Lance Conn Independent Director
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