An upturn in online advertising helped profits at Internet firm Yahoo almost treble in the three months to the end of March. Net profit rose to $310 million from $118 million in the same period a year ago. The company’s takings were helped by its search and advertising partnership with Microsoft and sale of the […]
Lynne Frank, the senior vice-president and managing director of ESPN for Europe, the Middle East and Africa, who oversaw the grab for Setanta’s Premier League rights, is leaving. Frank plans to return to her native California for family reasons, with a successor due to be appointed by September. She will stay on to oversee the […]
The High Court in Dublin has ruled that an agreement between the Irish music industry and the country’s ISPs to address online piracy does not violate data protection laws. The ruling lays the foundations for the introduction of new graduated response measures to stem file sharing in Ireland. The High Court’s ruling considered the terms […]
BlackArrow, a global provider of advanced advertising solutions for New Television platforms, has closed $20 million in Series C financing. The round was led by strategic investor NDS Group – and included existing investors Cisco Systems, Comcast Interactive Capital, Intel Capital, Mayfield Fund and Polaris Venture Partners. This financing provides new capital to expand product […]
From David Del Valle in Madrid Mediaset-controlled Tele 5, Spanish biggest private TV broadcaster, has signed an agreement with media company Prisa to take over commercial TV channel Cuatro and acquire a 22 per cent stake of digital DTH platform Digital Plus. Tele 5 is paying E491 million to Prisa in cash for the Digital […]
The English Premier League is to challenge the decision by media regulator Ofcom to force pay-TV broadcaster BSkyB to sell its sports content to rivals at a reduced rate. The Premier League said it had decided to resist strenuously the ruling which it said would reduce the incentive for all broadcasters to invest in the […]
Abertis Telecom faces more competition charges From David Del Valle in Madrid The Spanish Competition Authority has started legal proceedings against domestic broadcasting agency Abertis Telecom over alleged abuse of dominant position in the distribution of TV signals. The case was taken to the CNC Competition Commission by SES Astra Iberica which accuses Abertis of […]
One of the UK’s three biggest Internet service providers has declared it will not co-operate with measures to combat file-sharing set out in the government’s controversial digital economy bill. TalkTalk, which has more than 4 million UK internet users, said that objectionable provisions remain in the bill, including those that would allow content companies to […]
The head of the Federal Communications Commission vowed to press ahead with the broadband expansion plan despite a court ruling that undermined the agency’s authority to manage networks. FCC Chairman Julius Genachowski said that the appeals court ruling was narrowly cast and he issued a timetable for public comment and rulemaking on broadband goals ranging […]
The UK Digital Economy Bill was passed in a series of compromise deals to get it on the statute before the election. The legislation has been forced through despite opposition from ISPs and others that it would punish innocent users with its powers to disconnect allegedly heavy down loaders. One of the main voices in […]