In a move not anticipated for several months, Comcast Corporation is to acquire industrial conglomerate GE’s entire 49 per cent common equity stake in the NBCUniversal joint venture for approximately $16.7 billion. NBCUniversal will also purchase from GE the properties used by NBCUniversal at 30 Rockefeller Plaza and CNBC’s headquarters in Englewood Cliffs, NJ for […]
Modern Times Group delivered a fairly flat performance announcing Q4 net sales of SEK3.620 million (€427m) against SEK3.711 million in 2011 on constant exchange rates. Operating income was SEK 514 million (551m last time) when excluding associated company income and Q4 2011 non-recurring items. For the year sales were SEK 13,336 million (against 13,473m in […]
Tim Cook, Apple’s CEO delivered his views on the growing enthusiasm for OLED screens. “They’re awful,” he told an investor conference organised by Goldman Sachs in San Francisco. “If you ever buy anything online and really want to know what the colour is, as many people do, you should really think twice before you depend […]
ZenithOptimedia has published its New Media Forecasts identifying the top 19 digital markets across the world, ranked according to a combination of absolute size and percentage of total adspend taken by internet expenditure. The study has examined how consumers in these markets use digital media; how Internet advertising, social media and e-commerce are developing; and […]
The Citrix ByteMobile Mobile Analytics Report for the first quarter of 2013 provides insights into subscriber behaviour and related factors that determine quality of experience (QoE) for mobile data services today. The findings highlight subscriber behaviour on various mobile applications and the impact this has on operator networks. In conjunction with the report, consumer survey […]
A report from Juniper Research finds that 4G LTE revenues are set to grow rapidly, reaching more than $340 billion by 2017 globally, compared to just over $75 billion this year. This figure will represent approximately 31 per cent of total service revenues from all mobile services of all generations (2G/3G/4G) at that time, and […]
OTE has won the English Premier League football TV rights for this coming August, and then up to the 2016/2017 season. OTE’s COO Zacharias Piperidis said that addition of the English Premier League will be added to OTE TV’s other exclusive coverage of all the major national soccer championships, including the Spanish, Italian and German […]
UK transmission giant Arqiva has received a £867 million cash injection ($1.4 billion) from its existing shareholders. This new equity funding will now release a further £3.7 billion of refinanced loans and bonds to slot into place. The new equity will be used to pay down debt, and thereby help Arqiva achieve a BBB investment […]
Comcast Corporation and Fox Networks (FN) have reached an agreement for a new distribution pact to deliver Fox Broadcasting’s (FOX) and Fox Television Stations’ (FTS) wide array of entertainment, sports and local news content to Comcast Xfinity TV customers across televisions, computers, smartphones, tablets, gaming consoles and Internet-enabled televisions. The renewal supports the companies’ mutual […]
Following the success of its House of Cards original drama commission, Internet television network Netflix is teaming up with DreamWorks Animation to create the first ever Netflix Original Series for kids. Based on the highly-anticipated DreamWorks Animation movie Turbo, premièring in theatres this summer, the Netflix series Turbo: F.A.S.T. (Fast Action Stunt Team) débuts exclusively […]