Intelsat reported results for the three months and six months ended June 30, 2009 with revenue of $642.5 million and a net loss of $32.7 million for the three months. The company reported EBITDAi, of $522.4 million. "Intelsat's record Adjusted EBITDA in the second quarter of 2009 surpassed the $500 million level for the first […]
The UK Advertising Standards Authority has banned a Sky+ HD advert for misleading the public over costs. The ASA received complaints about BSkyB relating to a TV campaign pushing “free installation” as part of a cheap sign-up deal. Seven viewers said that when they telephoned to enquire about the offer they were told it was […]
From David Del Valle in Madrid The Spanish dominant broadcast network operator, Abertis Telecom, has backed out of the deal reached with two local broadcast networks in Andalucia and Madrid, Axion and Teledifusion de Madrid, to take over them, following the Competition Authorities imposing tougher conditions on the operation. Abertis Telecom had planned to take […]
Intelsat reported results for the three months and six months ended June 30, 2009 with revenue of $642.5 million and a net loss of $32.7 million for the three months. The company reported EBITDAi, of $522.4 million. "Intelsat's record Adjusted EBITDA in the second quarter of 2009 surpassed the $500 million level for the first […]
Sky Deutschland (formerly Premiere) lost 7,000 subscribers during the second quarter of the year and reported losses of over E360m. The pay-TV operator ended June with 2.364 subs against 2.371 at the end of the previous quarter. While the operator attracted 23,000 monthly contract customers, it lost 30,000 Flex subscribers during that time, overall churn […]
Boxee has closed a $6m round of financing led by Boston-based General Catalyst with participation by prior investors Spark Capital and Union Square Ventures. Neil Sequeira from General Catalyst will join the board. The web to TV company, who suffered a blow recently when Hulu withdrew their service, says the investment will go to improving […]
The UK Advertising Standards Authority has banned a Sky+ HD advert for misleading the public over costs. The ASA received complaints about BSkyB relating to a TV campaign pushing “free installation” as part of a cheap sign-up deal. Seven viewers said that when they telephoned to enquire about the offer they were told it was […]
From David Del Valle in Madrid The Spanish dominant broadcast network operator, Abertis Telecom, has backed out of the deal reached with two local broadcast networks in Andalucia and Madrid, Axion and Teledifusion de Madrid, to take over them, following the Competition Authorities imposing tougher conditions on the operation. Abertis Telecom had planned to take […]
The pay-TV merger between Showtime Arabia and rival Orbit has concluded. The deal was announced last month, although no official valuation was given. Showtime Arabia had reportedly bought out its Viacom minority partner in its Gulf-DTH operation. Kipco, an investment vehicle ultimately controlled by the Kuwait royal family which already controlled 75.3% of Gulf-DTH.
From David Del Valle in Madrid The consolidation of Spanish TV is turning out to be more complicated than expected. Prisa, owner of commercial TV channel Cuatro and DTH platform Digital Plus, and Imagina, ultimate owner of TV channel La Sexta, have abandoned their negotiations to merge their TV divisions, Cuatro and La Sexta. Disagreements […]