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Viacom profits up, ad sales weak

“Advertisers in a few categories, such as retail, automotive, and certain consumer goods, pulled back their on-air spending as they adjusted their own operating plans and product launches,” Viacom Chief Executive Philippe Dauman said. “Low ratings at a few of our networks also contributed,” he said, citing BET. The company did not issue a third […]

July 31, 2008

Record quarters for CME

Net revenues for the six months ended June 30, 2008 increased 45 per cent to $528.9 million, compared to the first half of 2007. Operating income for the first half increased $62.8 million to $142.7 million. Net income increased $48.2 million to $82.5 million. Michael Garin, CME's Chief Executive Officer, commented: “The outstanding second quarter […]

July 31, 2008

HDTV to reach 255m households in 2013

In The Worldwide Market for High-Definition TV Equipment & Services 2008 IMS Research forecasts that 255 million TV households worldwide will be watching HDTV by the end of 2013, including video households viewing only pre-recorded non-broadcast programmes. It also expects the Blu-ray Disc market to experience strong growth during the next five years, particularly as […]

July 31, 2008

T-Mobile VOD

T-Mobile VOD T-Mobile is planning to launch a video-on-demand service for films and TV shows that can be watched on either a mobile or PC. The Video On Demand Plus, as the new service is called, will allow customers to rent the long form content for seven days. Viewers will also be able to watch […]

July 31, 2008

blinkx Remote service

Leveraging blinkx's patented video search technology, blinkx Remote filters out video spam, illegal clips, and inappropriate material that has been falsely tagged and will find only full length, legally available, episodes of TV programmes. blinkx does not have partnership deals with broadcasters to operate the service, but uses publicly available programme data in the same […]

July 31, 2008

Sky social media sites

New features include discussion forums, blogs and SkyCast, a citizen journalist section where users can upload their own footage of breaking news events. By registering once on Sky Community, users will be able to interact with all the sites within Sky.com. By the autumn, a range of other Sky properties – including Sky.com, Sky Entertainment […]

July 30, 2008

CME enters Bulgaria

In connection with this acquisition, CME will also enter into a consulting agreement with Krassimir Guergov, a well know media entrepreneur in Bulgaria who will continue to provide his expertise and advice for the development of TV2, Ring TV and the other broadcasting properties of CME in Bulgaria. Michael Garin, CME's Chief Executive Officer, commented: […]

July 30, 2008

Alcatel-Lucent founders step down

The Paris-based company said its net loss for the quarter ended June 30 was E1.1 billion, compared with E586 million a year earlier.

July 30, 2008