German media group Bertelsmann has confirmed previously-announced plans to cut its stake in television and broadcasting giant RTL by selling shares on the stock exchange. “Bertelsmann confirms its intention to reduce its shareholding in RTL Group by way of a secondary public offering,” it said in a statement. Bertelsmann says the transaction would result in […]
Intelsat’s upcoming IPO terms have been unveiled. While originally Intelsat talked about raising $1.5 billion, and then reduced its expectations to $750 million, the actual target amount falls somewhere between the two. Intelsat will sell off 21.74 million shares at $25 a share, plus another 3 million convertible non-voting preferred shares priced at $50 each. […]
In a surprising move given ongoing legal challenges between the respective services, FilmOn.TV founder and CEO Alki David – the billionaire media entrepreneur – has congratulated the legal team at Internet TV streaming service Aereo on what he describes as its “hugely significant” win in court against the Major Networks. “I would like to thank […]
US digital TV and movie content audiences will grow faster than previously expected as a result of increased viewing on tablets and smartphones, a wave of Internet-enabled TVs, and greater content availability, according to a new report – Digital TV and Movie Streaming: A Rising Tide of Devices, Content and Viewing – from digital marketing […]
Tesco has secured a raft of popular cookery, comedy and drama programmes for its ad-supported streaming service Clubcard TV following a deal with BBC Worldwide. The agreement, which includes shows featuring star chefs Antonio Carluccio, Ken Hom and Gary Rhodes, will see hours of BBC Worldwide content made available to its 16 million Clubcard members […]
A giant 1,223 ft high terrestrial tower, standing on Television Hill in Maryland and which covers the Baltimore-Washington DC region switched to Europe’s DVB-T2 (OFDM) digital TV transmission for a few hours in the early hours of March 27. The 800+ kW tower beamed out using an experimental licence issued by the FCC to Sinclair […]
Multi-screen video and brand advertising platform smartclip and Samsung Electronics have agreed a global advertising partnership for Samsung Smart TVs and Blu-ray players through Samsung’s digital advertising platform, Samsung AdHub. Samsung AdHub has been supporting advertising on smart devices including smart phones, tablets and Smart TV devices, and smartclip will be a key partner to […]
Belgium-based TV and outside broadcast specialist Alfacam issued a formal notification April 3 saying that its banks on April 2 had decided “not to extend the standstill in debt repayments (granted until 31 March 2013). All the credit lines granted by them to Alfacam Group were cancelled at the same time.” The statement continued: “Due […]
Later this year, Bolivia expects its first satellite to be launched. The so-called ‘Túpac Katari’ project involved an investment of $300 million and includes the construction, launching and orbit placement of the satellite, in addition to the setting-up of ground stations in La Paz and Santa Cruz, and space-technology training for local professionals. ‘Túpac Katari’ […]
Cult TV series Game of Thrones, (Juego de Tronos) is returning for its third season on Canal+ Spain accompanied by an engaging second-screen app. The app, Vive Poniente, was developed by Applicaster, a provider of a white label broadcast platform for delivering multi-screen experiences. “Our main goal was to offer an extended TV experience that […]