Leslie Moonves CEO of CBS has joined Fox Broadcasting’s threat to take their television network off the air and become a cable channel if courts don’t stop the Internet start-up Aereo from retransmitting shows without permission. “We’ve spoken to cable operators in New York. We can do it in a few days,” Moonves told the […]
News Corp has set June 11th for a special shareholder vote on the company’s future, and proposals to split the company into two separately quoted entities. News Corp will end up with its global printing and publishing assets which would include its newspaper assets like The Wall Street Journal, The New York Post, The Sun and The Times of London in […]
Sony’s top executives, including Kazuo Hirai the chief executive, are skipping bonuses worth between 30 and 50 per cent of their pay after they failed to deliver on returning the group’s consumer electronics division to profit. The bonuses, estimated at roughly Y1 billion ($10m) in total, were to have been paid for work done in […]
Comcast has posted higher quarterly profit driven by strength on the cable side of the business. The leading US cable television provider, which also owns broadcaster NBC Universal, posted first-quarter profit of $1.4 billion, up from $1.22 billion a year ago. While the cable unit lost a worse-than-expected 60,000 customers, it added 433,000 high-speed Internet […]
A special board meeting of On Digital Media (ODM) in Johannesburg on April 30th voted in favour of the scheme put forward by StarTimes to rescue ODM’s TopTV pay-TV operator. Reportedly 99 per cent of shareholders approved the move. The decision also means that other rival bids, in one case by a consortium backed by […]
AOL is to drop the GoViral video network brand name two years after buying the company for $100 million, and re-launch it as part of a new global content business called Be On. AOL acquired GoViral in 2011 – its first major European acquisition since the ill-fated $850 million Bebo deal in 2008 – with […]
Modern Times Group (MTG), the international entertainment broadcasting group, has announced that Viasat Broadcasting, which comprises MTG’s television broadcasting operations, has appointed Aleks Habdank as Chief Operating Officer (COO) of its Pay-TV Emerging Markets operations with effect from May 7th 2013. Habdank will be based in London and manage Viasat Broadcasting’s pay-TV channel operations in […]
The number of Italian households with a TV set that supports High Definition has exceeded 17 million, about 70 per cent of the total, according to industry association HD Forum Italia.However, only one in five are actually watching HD broadcasts because the free-to-air offer on Digital Terrestrial Television is limited to one HD channel from […]
Amazon has unveiled an updated version of its LOVEFiLM Instant app for PlayStation 3 in Germany and the UK. The overhaul brings HD video streaming to Sony’s gaming console, along with improved search and recommendations engines. Other features include a revised user interface that lets subscribers revisit content with greater ease and the addition of […]
As part of its strategy to provide leading-edge technology and specialist solutions to the hospitality industry, Acentic, the leading global integrator of hotel in-room entertainment systems, has announced plans to launch a new HSIA product later this year which will support hoteliers in providing solutions to the ever-increasing bandwidth demands and expectations in the digital […]