From David Del Valle in Madrid The rapid take-up of DTT in Spain is boosting the sale of DTT boxes with plans to reach 9 million DTT devices by the end of the year, according to Andres Tejero, CEO of Veo TV. The latest report from the Pro DTT Association Impulsa TDT has revealed that […]
German pay TV broadcaster Premiere, whose profits depend largely on its ability to show live Bundesliga football matches, scrapped its 2008 forecast on uncertainty over the next TV rights auction. “The bidding process will begin much later than expected and an agency has been commissioned to manage the process. We cannot rule out that this […]
Deutsche Telekom is selling its German media broadcast business to private equity firm in a transaction worth between E800 million and E900 million. They will chose between bids from the Macquarie Infrastructure Group and TPG private equity of the US. Deutsche Telekom’s chief executive, René Obermann, had signalled the possiblesale of the media broadcast business […]
ESPN and Nielsen are collaborating to measure the performance of ESPN's sports programming across multiple media platforms. The collaboration will cover mobile devices, television and the Internet. Nielsen, through its NielsenConnect division, will attempt to produce a unified picture of how viewers are accessing media content across different platforms. The partnership intends to enable buyers […]
Joost has appointed Meebo to power its instant messaging service. The deal means that Joost users will now be able to chat while watching content from its 250 channels. Meebo claims 3.5m accounts are now registered with its service. Mike Volpi, CEO of Joost, said: “Participation in community activities has emerged as one of the […]
Andrew Corporation is to sell its satellite communications business to Resilience Capital Partners. The private equity firm has agreed to pay upwards of $39 million in total potential cash, in addition to an ownership stake in the new satellite company that Resilience will establish with the acquired Andrew assets.
Indian broadcaster Sun Direct TV has selected OpenTV to provide the end-to-end solution and deployment management enabling its digital television services. In addition, OpenTV will provide Sun Direct TV with a collection of applications that includes a new electronic program guide (EPG), interactive cricket, and multi-angle interactive news. Sun Direct TV will introduce a new […]
ITV has told the UK Competition Commission it wants Sky off its share register. The broadcaster said Sky’s ability to influence ITV’s decisions on planned investments would lead to a "substantial loosening" of competition, which required a "comprehensive and effective" remedy. In its submission to the Commission, which is currently investigating Sky’s stake, ITV said […]
US telco AT&T has declared it will need to spend more money deploying its IPTV service U-verse to reach less than the estimated number of households it predicted by the end of next year. The company said it is increasing the total capital-expenditure estimate for the period including 2007 and 2008 to $4.5 billion-$5 billion. […]
The leading Romanian cable television company and Turkey's DTH operator have dropped plans to list on the London Stock Exchange, becoming the latest big casualties of the credit squeeze. RCS & RDS, the Romanian media and telecommunications group, blamed “current market conditions”, while Digiturk of Turkey said it preferred to invest in its own business […]