Central European Media Enterprises (CME) has announced less than impressive financial results for the three months ended March 31st, 2009. Net revenues for the first quarter of 2009 were $141.2 million, a decrease of 37 per cent, compared to the first quarter of 2008. Operating income for the quarter fell $130 million to a loss […]
The UK Internet Advertising Bureau has updated its best practice guidelines for online video advertising in a bid to standardise usage of ad formats in the emerging sector. The guidelines have been produced by the IAB Video Council, which includes representatives from YouTube, Guardian, Sky, Channel 4, Bauer, Telegraph, Microsoft, Yahoo and the BBC, with […]
Interpublic Group’s Magna forecasts the U.S. market for online video will grow by 32 percent this year, rising from $531 million in 2008 to $699 million in 2009. Brian Wieser, Magna’s SVP, global director of forecasting, says the researcher expects online video to generate slightly more than $1 billion in net advertising revenues for video […]
From Branislav Pekic in Rome Five foreign companies have so far expressed interest in the DTT multiplex operator licence for the Brazilian publicly-owned TV channels. Marubeni (Japan), Next Generation Broadcasting (Sweden), Screen Service (Italy), TDF (France) and Abertis Telecom (Spain) are all likely to take part in the public consultation which will define the obligations […]
From David Del Valle in Madrid The Spanish Government looks likely to approve a new tax on private networks to finance national public broadcaster RTVE to compensate the total abolition of advertising on the channel, possibly from next July. The new tax would represent around 3 per cent of their revenues, around E140 million, and […]
Netflix CEO Reed Hastings has said to expect more Internet streaming deals to come from the movie rental company – both for content and for gadgets that help play back streaming videos onto TVs. In terms of content, Hastings said the company would continue to invest in new movies and TV series, especially via deals […]
NDS Group has entered into a multiyear licensing agreement for Macrovision Solutions’ electronic programme guide patents. Under the agreement, NDS will be able to offer licensed EPGs to its pay-TV platform operator customers in specified countries. “We believe operators will benefit from having the option to license Gemstar’s EPG patents alongside NDS’ own leading technology […]
To extend the range of creative opportunities available to brands through TV advertising, Sky is launching Green Button advertising, a service which allows viewers to easily watch and access extended – or long form‚ advertising. Built on the same underlying technology as the Green Button programme reminder service, advertisers will be able to encourage viewers […]
Screen Digest forecasts that the global pay TV set-top box (STB) market will peak within the next four years, reaching annual shipments of 127 million units in 2012, before the market declines in 2013. The continuing thrust by pay TV operators to convert their customers from analogue to digital and upgrade them to high definition […]
UK regulator Ofcom has said Project Canvas, the broadband TV joint venture between BBC, ITV and BT, could face a competition investigation. Ofcom, in its submission to the BBC Trust, has warned that the venture could find itself the subject of the same regulatory scrutiny that earlier this year spelled the end for Project Kangaroo. […]