This was interesting news, particularly since we completed a Webcast today where we talked about the very dymanic market for supplying Web capabilities to the consumer electronics market. Today, Nagravision announced that it was partnering with Samsung Electronics America to provide TV applications an interactivity to Web-connected Samsung products such as connected TVs and Blu-ray players.

It's interesting that a company like Nagravision - which has a strong foundation in providing content protection, delivery, and interactive features to pay-TV providers is working with consumer electronics companies. At a time in which we are seeing different actors - including broadband service providers such as France Telecom; online video providers such as Roxio CinemaNow; and broadcasters (particularly in Europe with the Project Canvas and HbbTV efforts - all developing solutions to bring more content and services to the connected TV, Nagravision's announcement should be one of many that we hear in this developing space.