Nearly two-thirds of Netflix subscribers have tried out the company’s 'Watch Instantly' streaming service, and more than half use it at least once a month, according to a survey released by research firm One Touch Intelligence. The survey findings suggest that usage of the streaming service has moved beyond the early adopter stage and into […]
DirecTV Group was one of the few pay-TV companies to gain subscribers in the third quarter, though earnings stayed steady because of the higher costs it incurred attracting and serving those new customers. DirecTV said that a marketing partnership with AT&T accounted for most of the increase in US subscribers. DirecTV said that net income […]
US broadcaster CBS has said it is managing to charge advertisers double the rates of a year ago for short-notice bookings, adding that it was cancelling promotions for its own shows to squeeze more ads on to the US broadcast network behind CSI and David Letterman. Advertisers were "knocking down the door", Les Moonves, CBS […]
The Indian government is in the process of formulating a policy for mobile TV through terrestrial broadcasting. According to reports, a licensing regime, on the lines of private FM radio, is being planned for mobile TV as well. The information and broadcasting (I&B) ministry is actively considering the proposal. If the proposal is cleared by […]
Scripps Networks, the owner of the Food Network and HGTV, snapped up a majority stake in the Travel Channel. Cox Communications will keep a 35% stake. The agreement between Scripps and Cox concluded a long series of bids by Scripps, the News Corporation and a number of private equity groups. "Combining the Travel Channel with […]
STV, Scotland’s ITV licensee, has launched a £35m (E39m) legal action against ITV plc that includes claims of abuses in TV ad sales and video-on-demand rights. Also, the company said that the failure to secure a recommission of Taggart across the ITV network meant that the company will take a £2m hit in earnings and […]
Time Warner raised its profit outlook for 2009 boosted by better than expected results at its cable channels and films division, even as it reported a 40 per cent lower net income for the third quarter. The owner of CNN and the Warner Bros movie studio said it will take a $100 million charge for […]
SeeSaw, Arquiva's VoD service based on Kangaroo technology, has appointed Channel 4’s Matt Rennie as commercial director. Previously, Rennie worked in a business development role at Channel 4, where he led content distribution, managing commercial relations with distribution partners such as YouTube and Virgin Media. He joins a senior SeeSaw management team that includes chief […]
Canal+ and TV set manufacturer TCL have unveiled the first Thomson TV set allowing direct access to the CanalPlay video on demand platform. The partnership, unprecedented in France, represents a breakthrough in access to content on demand among the next generation of connected televisions. Available as of November, the new Thomson mywishTV LCD TVs are […]
Set top box maker Pace said it was on course to meet management expectations as it delivered a bullish trading update. “As anticipated in the half yearly statement, average selling prices are increasing in the second half of 2009 when compared to the first half due to a greater proportion of HD PVRs in the […]