The Kudelski Group, owner of Nagravision, has announced its 2008 annual results. It says the introduction of new generation security solutions at several Digital TV accounts together with the migration of some of the Group's largest accounts to the service model had a strong effect upon the Group 2008 results. In 2008, the Group delivered […]
Howard Stringer, Sony chief executive officer, will replace Ryoji Chubachi as president in a move to give the C.E.O. a freer hand in restructuring the struggling electronics giant. Mr. Stringer, 67, will retain his existing title of chairman and C.E.O., Sony said in a statement. Chubachi, 61, will become vice chairman responsible for product quality […]
John Linwood, who left his senior executive role at Yahoo last month, will join the BBC as its new chief technology officer. Linwood will be responsible for maintenance of the corporation’s technical infrastructure and new corporate IT requirements. Chief technology officer is a new role at the BBC, created as part of a restructure of […]
Shares in Premiere slumped as it emerged its former owner Leo Kirch had won the rights to market Bundesliga football for the next six years. Kirch, now aged 81, saw his media empire implode in 2002 in Germany's then largest bankruptcy. Kirch is still suing Deutsche Bank for E1.6 billion over the collapse of his […]
Vivendi and broadband provider Iliad have joined together to file a complaint with the European competition authorities against France Telecom claiming it has abused its dominant market position in the country's fixed-line and broadband market. Vivendi chief Jean Bernard Lévy noted that 11 years after the market was open to competition, France Telecom still had […]
UK set-top box maker Pace said strong demand for high-definition pay TV helped it beat market expectations for 2008 and significantly raise expectations for 2009. The company, which makes devices for BSkyB, Canal + and Comcast posted adjusted pretax profit of £28.5 million (E31.7m) on sales of £745.5 million, and said it was paying its […]
Digital video recorder maker TiVo has reported a narrower quarterly loss than a year ago as cost cuts helped offset a 20 per cent decline in revenue. Although subscriber growth slowed, the company cut subscriber acquisition costs. TiVo said it is focused on having plenty of cash to weather the challenging economy. TiVo’s net loss […]
Telenor has rejected the demand from the IFPI to block access to the Swedish website The Pirate Bay, and says there is no legal basis for the demand for ISPs to control or assess the content users download. Telenor says it does not condone pirating of material and illegal file sharing. In Telenor’s opinion, expressed […]
French media giant Vivendi posted a loss in the fourth quarter as falling stock markets forced it to write down the value of its stake in film and television powerhouse NBC Universal. Vivendi reported a net loss of E1.38 billion in the fourth quarter after writing down its 20 per cent stake in the joint […]
The credibility of a deal between BT and Channel 4 has a gained a little after the broadcaster’s chairman said he would welcome talks that could offer a solution to its £150 million (E169m) funding shortfall. Luke Johnson, Channel 4’s chairman, is reported to have said that a tie-up with BT’s television subsidiary BT Vision […]