06.21.2010 12:00 PM
Sezmi Launches in 10 More Markets
BELMONT, CALIF.: Sezmi, the company pushing a set-top consolidated over-the-air TV offering, is launching service in 10 more markets. The company said last week it was providing entry-level “wireless cable” service in Boston; Detroit; Houston; Kansas City, Mo.; Phoenix; Portland, Ore.; Miami, Orlando and Ft. Lauderdale, Fla.; and San Francisco. San Francisco served as a pilot test bed along with Los Angeles. Beta service was commenced in the two cities late last year. Sezmi gear is now available at Los Angeles Best Buy stores as well as online

Content is transmitted via leased broadcast spectrum and through household broadband connections to a set-top receiver with 1 TB of storage. The service is $5 a month for broadcast and broadband content, and $20 or so a month for an additional 25 cable channels. Content providers get a cut of the subscription fees. The one-time hardware costs are $299.99.

Sezmi was started up last year by co-founders Phil Wiser, formerly of Sony, and Buno Pati. The venture received $25 million in third-round funding last November, bringing total private equity investment to $78 million.

-- Deborah D. McAdams

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Posted by: Deborah McAdams
Mon, 06-21-2010 06:09 PM Report Comment
Since this is essentially a revamped reboot of the old USDTV system I'm really curious as to what arguments are being made to show a roadmap to profitability. Since my understanding is that these new roll-outs do not have many of the desired channels that were available in the test markets I don't hold out a lot of hope that they will last any longer than the time it takes them to burn through their third round of funding. I'd like to be proven wrong as consumers could really benefit from a viable and competitive option to cable and satellite service.

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