Dish Network’s third-quarter earnings rose 30 per cent as increased equipment, merchandise and rental revenue supported a double-digit jump in sales. Meanwhile its former unit EchoStar swung to a loss amid sharply higher costs. The satellite-television operator has been working to diversify its business in the face of a maturing US subscription television market and […]
Following the October revelation that it would be launching a subscription streaming service in the UK and Ireland in early 2012, Netflix has inked a new multi-year licensing agreement with Metro-Goldwyn-Mayer Studios that will make Netflix the exclusive subscription streaming service in for most first-run feature films from MGM. MGM titles will be available for […]
According to independent retail analyst Verdict Research, piracy will continue to impact on the home entertainment market and slow its recovery. Consumer reluctance to spend with entertainment retailers is also a contributory factor, suggests the firm’s Global Home Entertainment market report. A combination of piracy, free access to streaming services such as Spotify, Grooveshark, YouTube […]
Media and entertainment company Central European Media Enterprises (CME) is moving towards a subscription model of its video on demand service in all of its regions. Following the roll out of the VOD brand Voyo in six central and eastern European countries during 2011, the next step, says the company, is to monetise the service […]
Findings from Ericsson’s latest Traffic and Market Data report forecast a tenfold increase in mobile data traffic by 2016. The report is based on measurements the company recorded over several years in live networks covering all regions of the world. According to Johan Wibergh, Head of Ericsson Business Unit Networks, Ericsson performs a broad range […]
Time Warner has bid about $1.4 billion for Netherlands-based entertainment producer Endemol. The debt-laden producer of ‘Big Brother’ has been trying to restructure its debts for more than a year and Time Warner is reportedly ready to put up another $100 million in fresh working capital. A few days ago, Endemol gained permission from its […]
Dan Goldberg, CEO at Ottawa-based Telesat, has reported flat revenues for the nine month period to September 30th, but he stated that new craft coming on stream next year will boost income for the satellite operator. Two satellites are due for launch in 2012: Nimiq-6 and Anik G1. Telesat’s revenues were $585 million for the […]
DirecTV has made what some see as an ‘emergency’ contract with Astrium to build DirecTV-15. The satellite is needed because DirecTV-10 (launched July 2007) suffered problems with its primary propulsion this past summer and while the satellite is operating well on its back-up system, full in-orbit back-up is needed. Additionally, DirecTV is also bringing forward […]
Argentinean mobile telephony operator Claro launched its “Ideas Entretenimiento” (Entertainment Ideas) OTT service in Argentina. The company’s Premium Plan is offered at $9 a month. The Premium package offers access to more than a thousand titles. There’s also a lower-priced bundle at $4.50 a month that offers 530 titles. According to the company, “Claro will […]
Telefonica has signed a strategic partnership with Quantenna Communications, a specialist in ultra-reliable Wi-Fi networking for whole home entertainment. The partnership sees Telefonica making a strategic equity investment in Quantenna which gives it access to the latest Quantenna technology for the deployment of high performance video services to the home. Quantenna has the networking expertise […]