Pace used its interims to predict a strong year. The British STB manufacturer said YoY it was producing more profit on lower turnover with revenue down 13.6 per cent to $1,139 billion but gross profit up 5.4 per cent to $245.8 million. Adjusted EBITA was $106.3 million against $96.7 million last time. Profit after was […]
Spanish telco Telefónica has submitted a binding offer of €295 million to Mediaset España to buy its 22 per cent of the share capital of pay-TV operator Canal+ owner Distribuidora de Televisión Digital, SA (DTS). According to a regulator filing, in addition, Mediaset would be entitled to receive an amount of €10 million in the […]
A study from management consultancy cg42 paints a grim picture for the US’s five biggest cable companies: Comcast, Time Warner Cable, Cablevision, Charter, and Cox. Based on a survey of more than 3,000 current customers,
The Federal Communications Commission has removed the final obstacle to the commercial use of the “white spaces” of unused spectrum between broadcast TV channels. “With [the] approval of the first TV white spaces database and device, we are taking an important step towards enabling a new wave of wireless innovation,” said Julius Genachowski, the FCC […]
Matt Child is Solaris Mobile’s new CEO replacing Steve Maine who has left “to pursue other professional interests”. Dublin-based Solaris Mobile is the Eutelsat/SES joint-venture set up in 2006 to develop next-generation mobile communication services. Designed initially as a satellite and terrestrial platform in support of DVB-H and S-band transmissions to cellular and handheld devices, […]
Entertainment and technology retailer HMV and FilmFlex Movies have announced the launch of an HMV-branded movies-on-demand service. HMV is joining the growing band of businesses offering an online film rental service as it seeks to benefit from the increasing demand for digital film services and counter falling sales in its High Street stores. The service […]
Neelie Kroes, the EC’s Commissioner for the Digital Agenda, has renewed her criticism of Europe’s copyright regime, suggesting that the artist should be put at the centre of not only copyright law, but of the EU’s whole policy on culture and growth. Addressing the Forum d’Avignon event – which brings together players from the worlds […]
Logitech has pulled the plug on Google TV set-top boxes, saying consumers just aren’t ready for the device which merges television and the Internet. “Google TV or the child of Google TV or the grandchild of Google TV will happen,” said Guerrino De Luca, the chairman and acting chief executive of the Swiss computer peripherals […]
After he spent another bruising couple of hours testifying on whether it was incompetence or dishonesty that lead to senior execs at News International not dealing with phone hacking and bribing police, James Murdoch will have been relieved to have the BSkyB board back his continued chairmanship. The board took the unusual step of publicly […]
ITV is reported to be in advanced discussions with Netflix about an output deal for video streaming service’s UK and Ireland launch. The deal would give Netflix access to ITV’s archive of shows as it boosts its content for the subscription service. Last week it announced a movie output deal with MGM. Netflix is also […]