iStreamPlanet, a specialist in live streaming video solutions, has announced that Juniper Networks has completed a strategic investment in iStreamPlanet’s Series A funding, which was led by Intel Capital. The investment will be funded by Juniper Networks’ Junos Innovation Fund. iStreamPlanet plans to use the proceeds from its Series A financing to accelerate the development […]
The UK’s Football Association has unanimously approved the nomination for Greg Dyke to be appointed Independent FA Chairman. Dyke, 65, will take over as Chairman from David Bernstein when he leaves the post after two-and-a-half years in July – subject to approval by The FA Council. The appointment will take effect from July. Dyke has […]
S3 Group, a multinational technology company providing products, solutions and professional services to the Digital TV, Telehealth and Semiconductor industries, has announced that Dermot O’Carroll has joined its Board of Directors. O’Carroll is a telecommunications industry veteran with over 40 years’ experience in the industry, the past 17 of which were spent in various senior roles withinRogers […]
California-based Trinity Broadcasting Network is breaking into the Spanish local DTT market following the acquisition of four local DTT licences that cover parts of the Madrid region from the Spanish media group Libertad Digital, owned by the journalist Federico Jimenez Losantos. The sale comes as when the local DTT market in Spain is going through […]
Yahoo is in talks to acquire control of Dailymotion through a buy of the 75 per cent owned by Orange, reports the WSJ. It puts the video portals value at about $300 million. France Telecom-Orange acquired Dailymotion for $170 million through a two-phase deal, with the most recent transaction closing in January. Dailymotion, basically a […]
BBC Worldwide, the commercial arm of the BBC, is selling travel guide business Lonely Planet for £50 million to US company NC2 Media at a loss of £80 million (€99m). The BBC acquired 75 per cent of Lonely Planet in 2007 for £88.1 million and the remaining 25 per cent in 2011 for £42.17 million, […]
UK’s Freesat has announced the appointment of Matthew Huntington as the company’s Chief Technology Officer. In his new role, Huntingdon will drive and deliver Freesat’s future facing technology roadmap. As well as leading the team to ensure smooth running of existing services, he will be responsible for defining ground breaking specifications, selecting innovative technology suppliers, […]
Intelsat, widely expected to announce an IPO about now, has offered the market $1.5 billion-worth of senior notes via its Intelsat Luxembourg subsidiary. The notes will be guaranteed by Intelsat itself, and are due for redemption by 2021. The proceeds will be used to pay down $915 million of existing debt (in the form of […]
Owner Singapore Telecom (SingTel) is putting its Optus satellite division up for sale and hopes to attract interest from infrastructure and super funds interested in long term investments with a steady revenue stream. Credit Suisse and Morgan Stanley will handle the sale worth around A$2 billion. The satellite business had revenues of A$319m for the […]
Continuing Liberty Media Chairman John Malone’s recent spree of broadband cable investment, Charter Communications, the fourth-largest US cable MSO, and Liberty Media Corporation have confirmed that Liberty Media has entered into a definitive agreement with investment funds managed by, or affiliated with, Apollo Management, Oaktree Capital Management and Crestview Partners to acquire approximately 26.9 million […]