From Sotires Eleftheriou in Paris According to reports in the French press, the British investment fund Cinven wants to sell up to half of its 70 per cent stake in Ypso, the holding company that owns the cable operator Numericable, for almost E2 billion. Several investment funds have expressed an interest in acquiring this 35 […]
From Branislav Pekic in Rome Slovenia's National Assembly has passed the digital broadcasting act that sets the deadline of 2010 for the switchover from analogue to digital. Economy Minister Andrej Vizjak admitted that the changeover will be costly both for the broadcasters and the consumers, who will have to buy new equipment. Howeverthe law already […]
The US House of Representatives has voted unanimously to extend a tax moratorium that was first adopted to promote US Internet access in the early days. The ban prevents local authorities from levying a number of potential Internet taxes, and is a victory for technology and telecommunications companies. While short of the permanent ban they […]
IAC reported a 4.2 per cent drop in third-quarter net income amid higher costs as home-shopping channel HSN showed signs of a turnaround. IAC reported net income of $71.8 million, compared with $74.9 million, a year earlier. The latest quarter’s results included a $5.9 million gain related to the sale of Home Shopping Network Europe […]
Alcatel-Lucent has posted Q3 net losses of E258m on revenue down 7.8 per cent year-on-year at E4.35 billion. The group says the integration plan has seen 5,000 jobs cut in the year so far, with the company on track to achieve synergy-related pre-tax savings of E600m this year. It is to cut a further 4,000 […]
Harmonic announced that TVN Entertainment Corporation, the world’s largest television on demand company, has deployed Harmonic’s CLEARcut offline content preparation software for creation of TVN’s HD on-demand assets. Video is digitally compressed with Harmonic’s DiviCom MV 500 MPEG-2 HD encoders and then formatted using the CLEARcut software for storage on video servers. CLEARcut is a […]
ITV DVD has signed an agreement to make more than 300 features from its movie library available for download to own and download to rent via the British online retailer Coolroom. Films from ITV DVD's library will be available to consumers from £0.99 (E1.4) both on Coolroom's download store on www.coolroom.com and on Coolroom's IPTV […]
Akamai Technologies, global service provider for accelerating content and applications online, has launched TheHDWeb, a 'proof-of-concept' portal designed to showcase the experience consumers can have with high definition (HD) content online. The Website showcases content from a variety of industries including music, movies, professional sports, games and news. Companies providing HD content for the initiative […]
CacheLogic, provider of the Digital Asset Delivery Network, has confirmed that global Internet TV network Babelgum is using its Velocix network to deliver progressive video streaming of on-demand TV content. The Velocix Network is designed to enable content owners, movie studios, and broadcasters to deliver video and other large digital assets over the web.
ROK Entertainment Group, the UK-based specialist mobile applications developer, has launched its first streamed mobile TV deployment in India through local operator BSNL. The service offers an initial portfolio of 6 channels to include English Music Channel (EMN), Hindi music channel (Geet), an entertainment channel (Bindaas), a Bollywood channel (Zoom), a live Hindi news channel […]