Shares in video-on-demand-server vendors Concurrent Computer Corp. and
SeaChange International Inc. dropped Tuesday after Thomas Wiesel Partners
reported on CNBC that nCUBE won the prized VOD contract for Time Warner Cable's
flagship New York City system.
SeaChange confirmed the loss during an earnings call, but Time Warner, nCUBE
and Concurrent declined to comment.
An nCUBE rollout in New York would give Larry Ellison's company the two
largest U.S. markets following a November deployment agreement for Time Warner's
Los Angeles system.
But Morgan Keegan Inc. analyst Murray Arenson called the price drop an
Concurrent supplies Time Warner with VOD servers in Tampa and Orlando, Fla.;
Houston; and other markets serving a total of 3.6 million basic subscribers.
SeaChange also has deals with Time Warner, Comcast Corp. and Cablevision
SeaChange said its Time Warner deployments cover 3.4 million basic
subscribers. The New York system counts 1.4 million