Netflix has launched a $400 million capital raising after a disastrous quarter in which its shares have fallen more than 70 per cent. Netflix has sold $200 million of convertible senior notes to Technology Crossover Ventures, a long-time shareholder, and has launched a $200 million share offering for the balance When the bonds are converted, […]
Samsung Electronics is close to concluding a deal with Google about launching a television using Google TV next year. But Samsung won’t be unveiling the new TV at the Consumer Electronics Show in January, Yoon Boo-keun, president of Samsung’s visual display division said. Samsung, the world’s largest maker of flat-screen televisions, has been preparing plans […]
Shipments of 3D LCD TV panels reached 6.6 million units in Q3 2011, accounting for 27 per cent growth quarter on quarter. The pattern retarder type and shutter glass type are growing by 34 per cent and 23 per cent respectively. According to NPD DisplaySearch, panel makers are targeting very strong 30 per cent growth […]
The UK Competition Commission has issued two further possible remedies to increase competition in the pay-TV movie segment. In April this year it determined Sky’s dominance was an adverse effect on competition and in August it issued its first set of proposed remedies, now, as a result of consultations, it has put out two more […]
Spanish telco operator Abertis Telecom is trialling DTT tests using the European standard DVB-T2 in the city of Barcelona, north of Spain, for a six month period. The pilot test aims to assess the benefits of the new standard for broadcasting of services for the fixed and mobile reception through a single multiplex, one signal […]
An anticipated surge in the household penetration of next-generation Internet-connected devices indicates solid consumer interest in new content to experience on these devices, according to a new study – Connected Devices and Services: Reinventing Content – presented by global consulting firm Bain & Company at the Forum d’Avignon event, which brought together players from the […]
Consumption of legitimate free and paid for online video is on track to exceed 770 billion views across the USA, UK, France and Germany this year, according to a new report from Futuresource Consulting. Improvements in accessibility and ease of use are among the growth triggers that have seen the rise from around 640 billion […]
Business Secretary Vince Cable has confirmed the appointment of Richard Hooper to lead a feasibility study on developing a Digital Copyright Exchange (DCE) in the UK. A DCE has the potential to boost economic growth in the creative sector by lowering the costs of licensing and giving businesses and consumers easier access to copyrighted material. […]
The copyright case brought by UK broadcasters against TV Catchup, the restreaming site will have to go to the Court of Justice of the European Union says the UK High Court. ITV, Channel 4 and Channel Five sought an injunction to stop TV Catchup restreaming their live channels. The UK court ruled provisionally this summer […]
Rupert Murdoch has sold almost all his News Corp ‘A Class’ shares, reducing his common shareholdings from around 4 million non-voting shares to just 381,000. Selling 3.6 million shares generated a total of about $62 million. Murdoch sold the stock for “financial planning reasons” according to press reports. Back in February he had bought 2.8 […]