Virgin Media is selling its home-shopping broadcaster Sit-up TV to Munich-based investor Aurelius – owner of RTL Shop – for an undisclosed sum. Sit-up TV operates three digital home-shopping channels – bid tv, price-drop tv and speed auction tv. Virgin said the company’s live programmes are available to viewers in more than 20m homes in […]
The joint-venture of Telefónica and Vivendi has tabled another bid for Sogecable’s satellite pay-TV operator Digital+ in the long running sale saga. The amount eventually paid will reflect Digital's future EBITDA performance. For last year Digital+ had EBITDA of E367 million, 10% up on the previous year. At the same time it lost 35,000 subscribers. […]
From Colin Mann in Cannes Attaining global, multiplatform reach will prove to be essential if companies hope to see their way through the current economic difficulties intact, WWP Group chief executive Martin Sorrell warned delegates in his keynote address at MIPTV yesterday. “This recession changes our industry forever. If I was a media owner, and […]
From Branislav Pekic in Rome Portugal's Zon Multimédia plans to upgrade its broadband network by the end of this year, in order to reach 2.9 million homes with access speeds of 100 Mbps. Speaking during the conference "Portugal in Fibre Optic", Zon CEO, Luis Lopes, said that nearly one million homes currently have speeds of […]
The television industry is responsible for the proliferation of illegal content piracy and needs to lift its game to prevent it, according to Hybrid TV CEO Robbee Minicola speaking at Get Ready for Digital TV conference. Minicola said that illegal piracy is the result of consumers not getting the content they want at the times […]
Dawn Airey chairman and chief executive of Channel Five, has claimed that the government “has begun to recognise” the potential value of a merger between her organisation and Channel 4. She said that in Five’s view the financial benefits of a merger go well beyond just plugging Channel 4’s funding gap and will guarantee national […]
QuickPlay Media, provider of solutions that manage the business of mobile video announced the upcoming launch of its PrimeTime2Goâ„¢ premium mobile TV service. The monthly subscription fee-based service will be available in early May via the BlackBerry App World storefront, and will enable consumers to download and watch full-length episodes of their favourite shows on-demand. […]
SES Astra has revealed that the German pay-TV channel Premiere has contracted one and a half additional transponders on Astra`s prime orbital position 19.2 degrees East. With the additional bandwidth Premiere plans to extend its HD offer. Premiere launched its HD services on ASTRA in 2005 and currently broadcasts two HD channels, "Premiere HD" and […]
Motorola has teamed with Time Warner Cable to develop a multi-room digital video recorder (DVR) solution using Motorola tru2way set-top software. The Follow Me TV solution will enable subscribers to access, share and place shift video recordings throughout the home. Time Warner Cable aims to bring the solution to market later this year, to become, […]
US press reports say Disney is considering an equity stake in Hulu and distributing its content via the News Corp / NBC Universal service. It is thought Disney would want a 30% stake, reducing the existing network shareholders and maybe buying out Providence the private equity firm that has 10%. Such a deal would see […]