A consortium including Macquarie Bank's South Korean private equity arm and MBK Partners is set to acquire a 30 per cent stake in the country's second biggest cable TV group and targeting the remaining shares. Macquarie Korea Fund has signed a preliminary deal to purchase the stake from Goldman Sachs for about $650m (E479m), and […]
IBM sales representatives in Singapore, Malaysia and Australia will from Thursday staff the company’s virtual Business Centre in Second Life an online world where millions of participants create alter egos called avatars, buy property and interact with one another. The real reason why we’re doing this is because we do feel the beginning of a […]
BT Group and Sony have unveiled new software that will allow gamers using portable PlayStations to make video and voice calls and send instant messaging. They said the Go!Messenger wireless software for Sony’s PlayStation Portable (PSP) handheld game player was set for commercial launch in January 2008. In a battle for supremacy against Japanese rival […]
Sky said its £125 million (E181m) offer would now close on 4 September, after revealing it had received acceptances for almost 86 per cent of Amstrad’s stock. UK competition watchdogs are now scrutinising the deal to see whether competition in the TV technology market will be affected. The two already have close links, with Amstrad […]
The turbulent 10-months at Alcatel Lucent has claimed two senior victims. Mike Quigley, the Australian once tipped to be chief executive of the French group, and Frank D'Amelio, the former Lucent executive who was put in charge of integrating the two companies, had both resigned, the company said. D'Amelio is leaving to become chief financial […]
Google, which is trying to figure out how to carry ads on its YouTube service without disaffecting viewers, has unveiled its InVideo advertising programme – a vehicle for potential advertisers to reach YouTube’s 130 million viewers. Trial sponsors include 20th Century Fox and Warner Music. Sponsors and video publishers apply to participate at through YouTube. […]
French media companies, including Lagardere, Bollore, NRJ, and BFM, want to offer free mobile TV channels, while MNOs plan to charge a monthly subscription of E5 to E15, reports Les Echos. Under the broadcasters’ plans, at least some mobile TV channels will be free to air. Using the same model as for DTT, customers would […]
From David Del Valle in Madrid TVE International’s transmissions to Europe cannot be watched anymore through Hispasat (30º West) as the channel has controversially decided to pull out of the Spanish satellite. The satellite had been distributing the channel free-to-air since 2002. TVE International is now available on Eutelsat’s Hot Bird (13º East) and Astra […]
Viasat Broadcasting has entered a licensing deal with Warner Bros. Home Entertainment Group for Warner’s feature films to be aired on Viasat OnDemand and CDON on demand services in Scandinavia. The agreement will enable users of Viasat’s and CDON’s on demand services to order and view content on a video on demand basis (VOD) via […]
Thomson is working to deliver a trial mobile television service across the greater Sydney area in Australia. The service will use the open DVB-H standard and can be received on any DVB-H capable mobile device equipped with decoding technology from Irdeto, with whom Thomson is working to deliver the service. There are five channels in […]