US electronics firm Circuit City has filed for bankruptcy protection. The retailer filed for Chapter 11 protection from creditors at the US bankruptcy court in Richmond, Virginia, where it has its headquarters. The company said it had secured $1.1bn in loans to provide working capital while it was under Chapter 11 protection. Last week, it […]
From David Del Valle in Madrid UTECA, Spain’s private TV Association, has urged the Government to take the necessary measures to revamp the TV market as “the system is heading for bankruptcy”, according to Maurizio Carlotti, Vice president of Antena 3 TV, member of the Association along with Tele 5, Sogecable, Net TV and Veo […]
BSkyB is to launch an online subscription service allowing consumers to watch channels including Sky Sports via the Internet for the first time. Mike Darcey, BSkyB chief operating officer, said the new service would be launched “in the next few months”. The online channels will be made available on the Sky Player and viewers will […]
The European Commission is set to present a new guidelines aimed at paving the way for the spread of mobile television in Europe “within a few weeks,” EU Information Society Commissioner Viviane Reding has said. She gave positive signals on advertising on mobile handsets, but warned of dangers regarding invasion of privacy. Brussels pushed European […]
As an open-source technology protocol, the file-sharing system BitTorrent represents about half the world's Internet traffic by some measures. But the San Francisco company, BitTorrent, is showing signs of serious trouble while it tries to commercialize the technology. BitTorrent has informed about half its employees, or 18 people, that they were being let go, according […]
Channel 4 is to shut down its red button and mobile ad departments as part of its plans to save £100m (E127m) over the next two years. Channel 4 will stop serving interactive TV and mobile ads from 31 December 2008. Channel 4 has already closed 4DS, its online ad sales house, as part of […]
YouTube will show full-length television shows and films from Metro-Goldwyn-Mayer’s archives in its latest step to boost advertising revenue by adding professional programing. The new partnerships put YouTube in more direct competition with Hulu, the online video site owned by News Corp and NBC Universal. YouTube in October forged a similar partnership with CBS to […]
According to a survey of nearly 2000 UK digital TV viewers, commissioned by Microsoft-s Connected TV Business, over a quarter of digital viewers (27 per cent) still rely on flicking through all the channels to choose what to watch, wasting more than one week per year channel surfing. On average, digital viewers in the UK […]
Virgin Media is said to be considering selling off its content division – again. According to FT, the company is considering restructuring the business to become a set of communications platforms rather than producing any content of its own. As part of the Telewest / NTL merger that formed Virgin Media, Telewest tried to sell […]
UKTV has rolled out an integrated management system across its broadcast portfolio, resulting in company-wide benefits – including implementing its ambitious network rebrand without bringing in extra staff and freeing up time to further craft its 10 channels’ schedules. Following a development and implementation process the new broadcast management system ‘OnAir’ from SintecMedia replaced two […]