Intelsat, the world’s leading provider of fixed satellite services has reported results for the three months and year ended December 31st, 2010. Intelsat reported revenue of $644.0 million and a net loss of $115.8 million for the three months ended December 31st, 2010. It reported revenue of $2.5 billion and a net loss of $505.5 […]
Technicolor has received a binding offer to acquire the Thomson Video Networks business from the Fonds de Consolidation et de Développement des Entreprises (FCDE). The FCDE finances the recovery and development of small- to medium-sized enterprises demonstrating a strong potential for success. The capital development fund, with approximately €200 million, is financed with up to […]
Conax has announced that Mostelecom, a subsidiary of National Telecommunications (NTK), and has entered a contract with the content protection specialist. With the new partnership, Conax will provide advanced chipset pairing and CI+ technology to protect the content delivered by NCN (National Cable Networks) to more than two million subscribers in Moscow, covering 95 districts.
Despite delivering a near-perfect set of “strong” numbers (see separate story), UK-based TV technology company Pace failed to convince investors with their results (to December 31st 2010) and general outlook. Pace’s share price tumbled 36.5p (14 per cent) to 183p during March 8th, a five-week low point and the largest fall on the UK’s important […]
In the opening skirmish of the ‘spin wars’ that will characterise negotiations, Chase Carey, Rupert Murdoch’s right-hand man at News Corp, told delegates at Deutsche Bank’s Media & Telecoms conference that while News Corp wanted to do the deal to buy the remaining 61 per cent in BSkyB that it did not already own, but […]
UK set top maker Pace PLC has reported its full year’s for 2010 with a 17.4 per cent year-on-year increase in sales to £1.331 billion with organic (extracting acquisitions) revenue up 9.7 per cent. Adjusted EBITA is up 35.6 per cent to £103.6 million (2009: £76.4m) with organic business contributing £94.3 million and acquisitions £9.3 […]
NBC Universal has launched PictureBox online – its subscription movies on-demand service available through Samsung Internet-connected TVs and the iPad. The PictureBox Player, developed by video provider SyncTV, will offer the same content currently available via the existing service – distributed via Talk Talk, Virgin Media, Top Up TV and BT Vision. It features around […]
The CEO of SeeSaw, the catch-up TV service run by transmission infrastructure company Arqiva, is leaving. Pierre-Jean Sebert’s exit comes as Arqiva recently merged its three divisions into two. SeeSaw was created when Arqiva bought Kangaroo, the commercial VOD project of BBC, ITV and C4, which was forced to shut down by the UK’s Competition […]
YouTube has purchased Next New Networks for an undisclosed sum. Based in New York and backed by former television executives from Nickelodeon and MTV, Next New Networks has built a network of videos created both in house and by independent filmmakers. YouTube made clear that it has no plans to dive into the content business. […]
UK Radioplayer, the BBC-backed online player for more than 200 UK radio stations, is set to launch on March 31st . It will be the first time that both the BBC and commercial radio stations have come together on a single online radio player. The Internet radio player has been in development for the last […]