Two years after CBS and Time Warner combined their second-tier networks UPN and WB into the youth-oriented CW to pool young viewers prized by advertisers, the network’s hopes of surviving are looking increasingly bleak, reports the WSJ. The network has lost about 28 per cent of its target audience of 18 to 34 year olds […]
Sir Run Run Shaw, the centenarian founder and chairman of Hong Kong based Television Broadcasts, is in talks to sell his stake in the world's leading Chinese language broadcaster and has attracted interest from private equity groups including Bain Capital and Blackstone. TVB is by far Hong Kong's dominant TV station, with a big presence […]
Local press report that the California Judge in the NDS v DISH and Nagra CA hacking case is holding a sealed verdict from the jury. The delay in announcing the verdict is because it has been claimed a jury member engaged in conversation with DISH lawyers. Today the Judge will decide if this is a […]
BT has reported that its BT Vision broadband TV service accelerated during the first quarter of 2008, with customer numbers reaching 214,000, that's 94,000 net additions in the quarter. The news came along with BT's financial results showing revenue up 2 per cent at £5.42 billion (E6.77bn) with 'new wave' (i.e. not fixed line voice) […]
Video search engine blinkx posted a net loss of $3.2 million for the six months to end-March on revenues of $3.6 million, but said it is ahead of plan in its move towards profitability. blinkx said content hours have more than tripled since its IPO in May 2007 to 26 million from 7 million, and […]
US broadcaster CBS has beefed up its Internet presence with the $1.8 billion purchase of Cnet Networks, the network of technology and entertainment focused websites. CBS said the deal would make it one of the 10 most popular Internet companies in the US, with a combined 54 million unique users per month, and approximately 200 […]
The European Commission is to review News Corporation's stake in German pay-TV operator Premiere. The Commission stated: “We are examining [News Corp's acquisition of 22.7 per cent] of Premiere on the basis this may give News Corp de facto control.” In an echo of the regulatory difficulties BSkyB has faced in the UK with its […]
ITV has predicted that advertising revenue will not grow during the first half of 2008 as the UK economy slows. However, executive chairman Michael Grade said ITV would still beat the rate of growth in the UK ad market as a whole for the first time since 2000. The firm said first-quarter revenues rose, helped […]
Eutelsat, the world’s third-largest satellite operator, reported an 8.9 per cent rise in third-quarter and raised its full-year guidance. Sales rose to E223.9 million euros ($346.2 million), compared with an average forecast for turnover of E217 million. Eutelsat said it had decided to raise its full-year sales target. It was now aiming for sales of […]
Intelsat reported for the three-month period ended March 31, 2008 with revenue of $572.7 million and a net loss of $412.7 million which included $313.1 million in restructuring and transaction costs incurred in connection with the February 4, 2008 acquisition of all of the equity ownership of its parent, Intelsat Holdings Ltd., by Intelsat Global, […]