From David Del Valle in Madrid Despite the current pay-TV deadlock in the country, the latest report by PricewaterhouseCoopers forecast that the market will experience a 16.5 per cent annual growth over the next five years. Currently, there are around 4 million pay-TV subscribers in Spain, with Sogecable-owned satellite platform Digital Plus taking the lion’s […]
The second largest US telecoms group reported a 31 per cent increase in third-quarter profits fueled by continued growth in its Verizon Wireless joint venture with Vodafone. Net income increased to $1.67bn. The mobile unit offset accelerating residential phone line and DSL line losses. Revenues grew by 4.1 percent to $24.8 bn. Verizon is spending […]
The satellite operator said EBITDA for the nine month period was little changed with net profit at E338.8m against E347m last time. Chief Executive Romain Bausch was upbeat about SES’s prospects despite the gloomy economic outlook. “We are in a business which is described as an infrastrucure business with no exposure to consumers,” he told […]
Collins Stewart, the broker that forecast doom and gloom for BSkyB last week, was busy again recommending Liberty Entertainment with a buy rating saying the next three to nine months will be “pivotal” for the company and its stake in DIRECTV. The nod from the analyst came as Liberty Media continues to position Liberty Entertainment […]
FCC Chairman Kevin Martin has stated that Microsoft founder Bill Gates has signalled his approval of the FCC white spaces agenda as the Commission moves to approve allowing devices to use the spaces and disappoint broadcasters who have warned of signal interference. According to the FCC, Gates praised the FCC’s recent conclusion that laptops and […]
The first PVR to carry the Freesat+ brand will go on general sale in the UK next month. The Foxsat-HDR has a 320GB hard drive that can store up to 80 hours of HD programming, or up to 200 hours of standard definition shows, while the eight day on-screen electronic programme guide claims to make […]
Taiwan carrier Chunghwa Telecom (CHT) has further reduced the target number of its MOD (multimedia on demand) based IPTV subscribers for the end of 2008 from 800,000 to 700,000. In July, CHT lowered the target number from one million to 800,000. The company currently claims about 603,000 subs with activation rates at less than 40 […]
Pace, developer of digital TV technologies, has announced the appointment of Mathias Hautefort as the new President of Pace France. Mathias joins Pace from Atari, the gaming company, where he was Executive Vice President and Chief Operating Officer, responsible for Worldwide Distribution and Operations.
Social networking website Bebo has launched an interactive show for teens, entilted 'Chelsey: OMG!'. Two three-minute episodes of the show will be screened on Bebo.com each week, along with additional footage featuring Chelsey and other characters. Characters will then use the social network to interact with Bebo users, filming personal responses to questions and posting […]
Walt Disney has become the latest company to call for an investigation into the dealings of investment bank Lehman Brothers before its collapse. Disney says it is owed $92m (£56.5m) and wants to know how money was moved between Lehman Brothers Commercial and its parent company before bankruptcy. US court papers filed by Disney called […]