Australian ISP IINET chief Michael Malone has told the NSW Federal Court that the ISP’s service agreements did not provide it with sufficient contractual rights to take action against customers who infringe copyright online. Malone made the comments during cross-examination by lawyers representing a loose coalition of 34 entertainment companies – represented by the Australian […]
Eutelsat has reported that it's Q3 profits grew 11.6 per cent to E226.7 million. Video Applications registered sustained increases in revenue (+8.5 per cent) to E180.8 million. TV channels broadcast by Eutelsat’s fleet grew by 4.7 per cent), as Eutelsat further consolidated the commercial strength of its nine video neighbourhoods. In total, the number of […]
OpenTV has announced financial results for its third quarter ended September 30th, 2009. “OpenTV`s third quarter results demonstrate solid operational improvements achieved in what is still a challenging global economic environment,” said Ben Bennett, OpenTV`s Chief Executive Officer. “The company is focused on building and delivering its suite of next generation products, which are critical […]
Set top box maker Pace said it was on course to meet management expectations as it delivered a bullish trading update. “As anticipated in the half yearly statement, average selling prices are increasing in the second half of 2009 when compared to the first half due to a greater proportion of HD PVRs in the […]
Comcast Corp’s quarterly profit rose 22 percent, beating expectations, as it sold more phone and Internet subscriptions, helping the top U.S. cable operator fight competition from phone and satellite companies for video subscribers. It reported 361,000 new high-speed Internet customers and 375,000 new digital phone subscribers in the third quarter, offsetting the loss of 132,000 […]
Time Warner raised its profit outlook for 2009 boosted by better than expected results at its cable channels and films division, even as it reported a 40 per cent lower net income for the third quarter. The owner of CNN and the Warner Bros movie studio said it will take a $100 million charge for […]
SeeSaw, Arquiva's VoD service based on Kangaroo technology, has appointed Channel 4’s Matt Rennie as commercial director. Previously, Rennie worked in a business development role at Channel 4, where he led content distribution, managing commercial relations with distribution partners such as YouTube and Virgin Media. He joins a senior SeeSaw management team that includes chief […]
Paramount has sent a blunt letter to the FCC outlining its view on online piracy. It notes that it has evidence that following the worldwide release of Star Trek the movie was illegally downloaded by some 5 million IP addresses, each taking their files from one of six copies of the film illegally recorded by […]
The video search company blinkx is offering increased stakes to existing shareholders to raise £5 million (E5.5n) after burning through £13 million of its cash reserve in the past year on infrastructure costs. blink has seen its cash reserve plummet from $32 million to $10.7 million in the year to the end of September. In […]
According to the NYT NBC and Comcast have moved closer to a deal giving control of NBC Universal to Comcast, and a formal announcement could be made sometime next week. It says the two companies reached a tentative agreement that Comcast would own about 51 percent of NBC Universal, contributing several billions of dollars in […]