The Indian cabinet has approved a policy that would help digitise cable TV operations across the country. Under the so-called headend-in-the-sky (HITS) policy, cable operators will have to lease transponders on a dedicated satellite, acquire TV channels from broadcasters, uplink these to the satellite, then download and beam the signals to households in digital format.
Comcast may seal a deal to buy a controlling stake in NBC Universal from General Electric within the next week say US reports. The deal, which values NBC Universal at about $30 billion, would give Comcast, the top US cable operator, a 51 per cent stake in a joint venture that would combine its small […]
Playboy Enterprises’ revenue fell $14m in Q3, on the back of lower income from its international TV channels and magazines. The company, which publishes Playboy magazine worldwide and creates TV programming for its own-branded TV channels, as well as mobile and radio platforms, said global revenue totaled $56m in Q3 against $70.4m in the same […]
Guardian Media Group has has appointed Virgin Media CEO Neil Berkett as a non-executive director. Berkett has been VMED CEO since 2008 and was appointed COO of the company's precursor NTL in 2005. GMG will hope his experience can help steer its Guardian News & Media division, which houses The Guardian and Guardian.co.uk, back towards […]
Ofcom has rejected the BBC’s request to introduce encryption to Freeview to limit the illegal copying of high-definition TV shows, until issues raised by organisations including the Open Rights Group are addressed. The BBC is trying to change the Freeview multiplex licence to allow copy protection technology so shows on its HD channel, which will […]
Comcast may seal a deal to buy a controlling stake in NBC Universal from General Electric within the next week say US reports. The deal, which values NBC Universal at about $30 billion, would give Comcast, the top US cable operator, a 51 per cent stake in a joint venture that would combine its small […]
Playboy Enterprises’ revenue fell $14m in Q3, on the back of lower income from its international TV channels and magazines. The company, which publishes Playboy magazine worldwide and creates TV programming for its own-branded TV channels, as well as mobile and radio platforms, said global revenue totaled $56m in Q3 against $70.4m in the same […]
Scripps Networks, the owner of the Food Network and HGTV, snapped up a majority stake in the Travel Channel. Cox Communications will keep a 35% stake. The agreement between Scripps and Cox concluded a long series of bids by Scripps, the News Corporation and a number of private equity groups. "Combining the Travel Channel with […]
STV, Scotland’s ITV licensee, has launched a £35m (E39m) legal action against ITV plc that includes claims of abuses in TV ad sales and video-on-demand rights. Also, the company said that the failure to secure a recommission of Taggart across the ITV network meant that the company will take a £2m hit in earnings and […]
DirecTV Group was one of the few pay-TV companies to gain subscribers in the third quarter, though earnings stayed steady because of the higher costs it incurred attracting and serving those new customers. DirecTV said that a marketing partnership with AT&T accounted for most of the increase in US subscribers. DirecTV said that net income […]