Google has agreed a deal to buy the mobile advertising firm AdMob. The search giant is paying $750 million in stock for the firm in a bid to take advantage of advertising opportunities in mobile devices. AdMob specialises in selling adverts displayed on small screens for handsets such as the iPhone or the Blackberry. Google […]
The State Administration of Radio, Film and Television (SARFT) plans to establish an organisation to supervise the new media industry, with a particular focus on evaluating new media content “transaction prices” and the “tort value” in copyright infringement cases. At the beginning of November, SARFT’s legal department sent a task force to China Central Television […]
International cable operator Liberty Global is to acquire Germany's second largest cable company Unitymedia in a E2 billion deal. Unitymedia has systems in the German federal states of North Rhine-Westphalia and Hesse, which are among the most prosperous and densely populated regions in Europe. Unity Media's cable footprint passes some 8.8 million homes, including ten […]
Speaking on the company's fourth quarter earnings call, Disney CEO Bob Iger outlined his his disagreements with TV Everywhere. "What we've heard suggests that interest in charging the consumer for greater access isn't a priority and we think it should be," he added that, "if we go to a world of authentication we shouldn't be […]
RTL, owner of Channel Five, has reported that revenue declined 6.4 per cent to E1.1 billion in the three months to the end of September. Despite the decline, the pan-European broadcaster and producer – which is majority-owned by German media group Bertelsmann – said that the TV advertising outlook has been improving since late summer. […]
BSkyB and Virgin Media had a rare show of unity when they agreed that the Project Canvas open IPTV platform should not be cleared by the BBC Trust because it isn't providing anything the market isn't already. Griff Parry, director of on demand for Sky, told the C21Media's FutureMedia conference "there's no evidence of market […]
Thomson is struggling to agree terms for the sale of its Grass Valley facility to US investment fund Platinum Equity, according to reports. French newspapers say the fund and the group are at odds on the level of financing required to fund the restructuring of Grass Valley Group. Other companies might be looking at the […]
Sony will make its new animated hit "Cloudy With a Chance of Meatballs" available to viewers directly through Internet-enabled televisions and Blu-ray players before the movie is released on DVD. With the decline in DVD sales, down as much as 25 percent at some studios, finding new ways to distribute movies has become a necessity […]
From David Del Valle in Madrid A former minister of Defense, Alberto Oliart, aged 81, will be the new president of the state-owned TV group RTVE following the resignation next Friday of Luis Fernandez, the first president of the pubcaster elected by Parliament in 2007. One of his main challenges at the helm of RTVE […]
Orca Interactive has signed an agreement with CTV International, a new service provider offering ethnic content to ex-pat communities around the world. The new service offers local language national TV programmes and video content on the viewer's PC or STB via the Internet. The service will be one of the first live deployments in which […]