Virgin Media boss Neil Berkett is to quit once the Liberty Global deal wraps. He told analysts on a conference call that he isn’t very good at being Number Two in an organisation. Liberty also confirmed Virgin would be re-domiciled to the UK and the parent company will be a UK PLC. The combined Liberty/Virgin […]
Liberty Global CEO Mike Fries told analysts the newly enlarged Liberty Global had no intention of sparring with BSkyB over content rights. “Neil’s [Berkett, Virgin CEO] has done a great job with building a strong relationship with Sky that is not based on personalities or drama,” he said. “The result of that relationship is a […]
Virgin has reported that total revenue for 2012 was up 2.7 per cent to £4.1 billion (€5.06bn), and up 1.6 per cent to £1,040 million for the quarter. Operating Cash Flow was up 4.0 per cent to £1.654 billion and net cash provided by operating activities was £1,040 billion for the year. The average number […]
Twitter has confirmed it is acquiring Bluefin Labs, a company that analyses online chatter about TV shows and companies and sells its findings. Twitter is paying nearly $100 million for Bluefin, according to reports, making it the Web site’s biggest acquisition to date. The deal suggests a new line of business for Twitter, which is […]
Liberty Global has posted its preliminary unaudited consolidated financial and operating results for the year and three months ended December 31st 2012. Liberty expects to publish final consolidated results for 2012 on February 13th. Highlights for the full year and Q4 compared to the same period for 2011 include: Organic RGU additions increased 34 per […]
ESPN is considering quitting the UK as the sports network racks up losses and after having lost key sports rights contacts, reports the FT. The Walt Disney company is disenchanted with no progress against Sky and then being outbid for BT for secondary football rights. Most recently it also lost mobile rights when it was […]
According to the Cisco Visual Networking Index Global Mobile Data Traffic Forecast for 2012 to 2017, worldwide mobile data traffic will increase 13-fold over the next four years, reaching 11.2 exabytes per month (for an annual run rate of 134 exabytes) by 2017. The expected steady increase in mobile traffic is partly due to continued […]
Sky and Formula 1 will bring viewers another world first with live F1 coverage on Sky 3D from the third test at the Circuit de Catalunya Sky 3D viewers can watch live coverage of Formula 1 across all four days of the third test from February 28th to March 3rd at the Circuit de Catalunya. […]
The worldwide Pay-TV market grew at a steady pace in 2012 generating $238 billion by end-of-year, up from $223 billion in 2011, according to ABI Research’s Pay-TV ARPU and Revenues Market Data. The global Pay-TV market is expected to generate $304 billion in 2018 with a CAGR of 4 per cent. Service revenue contributions from […]
Nativ, the media management and workflow expert, has published an independent report outlining the shortcomings and challenges of Internet delivery and is setting out its vision for helping the market overcome these. In recent years the consumption of content over Internet-enabled devices has exploded. There is a rush to dominate the Internet TV service proposition […]