Modern Times Group has announced a number of new senior management appointments and the reorganization of its Central Eastern European operations. Manfred Aronsson has been appointed as CEO of MTG Sweden and Anders Nilsson as Co-Chief Operating Officer of MTG. Ulrik Bengtsson has been appointed as CEO of Pay-TV Emerging Markets, and Laurence Miall-d’Aout as […]
Deutsche Telekom has concluded an agreement with the French TDF group on the sale of T-Systems Media&Broadcast. The transaction has an enterprise value of E0.85 billion. The sale of Media&Broadcast is part of the 'Focus, fix and grow' strategy presented to the public by the Deutsche Telekom in March.
Pace Micro Technology, independent developer of digital TV technologies for the global pay TV industry, has selected PartnerTech, one of Europe's leading contract manufacturing companies, to provide a fast-turnaround new product introduction (NPI) and prototyping service covering its range of digital set-top boxes. The business will be fulfilled from PartnerTech's UK facilities in Poole and […]
News Corp first-quarter profit fell 13 per cent from a year earlier, when the sale of investments boosted results by $428 million (E291m). Income dropped to $732 million from $843 million a year earlier. Sales rose 19 per cent to $7.07 billion. Chairman and CEO Rupert Murdoch highlighted the results at Fox Interactive Media, that […]
DirecTV’s third-quarter net income dropped 14 per cent as the company spent more to provide customers with high-definition channels and digital video recorders. The US's largest satellite-TV operator reported net income of $319 million (E217m), compared with $370.2 million a year earlier. Results in the year-ago quarter included a pretax gain of $61 million related […]
Time Warner reported a 9 per cent rise in third-quarter revenue of $11.767 billion, however net income was down to $1.1 billion from $2.3 billion 12 months earlier due to discontinued operations and one-off items. The group’s main revenue driver, Time Warner Cable, posted a 25 per cent increase in revenue to $4 billion, with […]
TiVo is reported as offering a new service giving advertisers detailed profiles of its users. TiVo – which sells advertisers second-by-second ratings of programs and commercials based on subscriber viewing habits – plans to announce that it will soon add demographic data about the viewers themselves the WSJ reported. The information includes age, income, marital […]
From David del Valle in Madrid Orange Spain, controlled by France Telecom, is launching the first HDTV broadcasts via mobile in Spain. The trial will last three months and will include three TV channels – MTV, National Geographic Channel and Sci Fi and some other sports content (football, tennis and basketball) – to be received […]
BBC3 is to screen an entertainment show early next year, hosted by singer Lily Allen, based on the social networking phenomenon that helped launch her career. Viewers will shape the show online by becoming her virtual friends and contributing to topical discussions, putting questions to guests and presenting parts of the show. The audience will […]
BT met forecasts with a 3 per cent rise in second-quarter revenues on good growth in broadband and networked IT services and said it was confident in its growth prospects. The BT Retail unit accounted for 37 per cent of net DSL broadband additions during the quarter, giving it a broadband customer base of over […]