Subhash Chandra’s Zee Entertainment Enterprises put on an impressive 48.8 per cent net profit for its Q4 period (to March 31st). The broadcaster’s shareholders have approved buying back up to 25 per cent of the company’s stock, at prices up to 126 Rupees a share. The quarter’s revenue growth rose 22.9 per cent on the […]
UK-based satellite operator Avanti Communications has won its legal action against rocket launch company SpaceX and will now recover its $7.56 million deposit paid against the planned launch of Hylas-1, its first satellite. The verdict, decided by the American Arbitration Association in New York, also sees Avanti get interest on its claim. SpaceX was originally […]
The first episode of Game of Thrones, the multi-million dollar production from HBO, aired in the US on April 18th. Less than 90 minutes after its broadcast, pirated copies appeared on popular file-sharing sites such as Torrentz.com and The Piratebay. Just 4 hours after airing, 30,000 users were downloading the show. A sample of IP […]
Hungary’s pay-TV operators are now reaching 2.692 million subscribers having added 15,000 all-digital subs in February alone. February saw the number of cable subs rising to 1.805 million from January’s 1.803 million. Satellite also saw growth, from 879,000 in January to 888,000 in February. Digital viewing homes grew 15,000 to 1.465 million in February.
The China Video Industry Association (CVIA) has released China’s first set of online TV multimedia communications standards. Jiang Junkai, director of strategic partnerships for Chinese consumer electronics manufacturer Changhong, said the standards are the first to be drafted that address Internet-connected TV sets and TV peripherals. The standards define an “Internet-connected TV” as a TV […]
Seventy-four per cent of all UK households now have the Internet at home according to Ofcom research, an increase of three percentage points from 2009. And the amount of time adult Internet users say they spend on the Internet has increased from 12.2 hours in 2009 to 14.2 hours in 2010. 12-15 year olds now […]
Playcast Media, the cloud gaming providers, has announced the commercial launch of its Games On Demand service in Singapore, with Singapore Telecommunications Limited (SingTel), Asia’s leading multimedia solutions provider. The partnership marks a key milestone in Playcast Media’s business strategy to expand its service throughout Asia with Telecommunications and Pay-TV networks. Playcast’s Games On Demand […]
European regulators are launching an investigation into telcos and other providers data traffic management practices. The European Commission says it accepts some traffic management is necessary to avoid congestion on networks but digital agenda Commissioner Neelie Kroes, is set to announce the regulatory investigation with a view to establishing new rules to safeguard net neutrality. […]
Google’s UK advertising income is expected this year to exceed that of ITV, Britain’s leading commercial TV broadcaster. Google’s Q1/2011 UK revenues were almost $1 billion (£593m). Its UK revenues are growing at a steady 25 per cent per quarter, and on this basis could top $5.2 billion this year, or more. Even after discounting […]
The European Broadcasting Union (EBU) has adopted ‘Principles for Internet-Connected and Hybrid Television’ and has called on its stakeholders ‘to support and respect the principles.’ The principles outline a common basis for design of all hybrid systems and cover: Linkage between broadcast and broadband; Content integrity and display of broadcast signal on screen; Access to […]