Liberty Global's third-quarter loss – its fifth in a row – narrowed on higher sales and smaller effects of foreign-currency exchange. Chief Executive Mike Fries said the company demonstrated consistent growth in operating cash flow in the first three quarters of the year and expects to be at the high end of its forecast for […]
The RVU Alliance has announced that Motorola, Humax, Thomson, Pace, Entropic, NXP Semiconductors, and JetHead Development have joined as the first Promoter members. The RVU Alliance encourages the rapid, broad and open industry adoption of remote user interface technology optimized for thin-client networked CE devices in the home "The newly formed RVU Alliance is capturing […]
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 […]
The Commission has moved to the second phase of an infringement proceeding against the UK over failure to provide its citizens with the full protection of EU rules on privacy and personal data protection when using electronic communications. The action stems from complaints over BT's trial of the Phorm targeted advertising system. "People’s privacy and […]
Cox Communications is expected to command close to a billion dollars for the Travel Channel. The company is entertaining bids from a number of media companies, including the News Corporation and Scripps Networks and, reportedly, at least one of the offers exceeds $900 million. When Cox was first approached about a potential sale in June, […]
The Kudelski Group has issued a letter to OpenTV shareholders regarding the tender offer commenced by Kudelski in October valuing Open at $215 million. It states: "We firmly believe that our cash offer provides OpenTV shareholders immediate liquidity at a superior value to OpenTV's future prospects, particularly given the Company's current scale and R&D challenges […]
BSkyB has launched its High Court appeal against the Competition Commission ruling forcing it to reduce its 17.9 percent stake in free-to-air broadcaster ITV to below 7.5%. BSkyB’s counsel told the Court of Appeal it will dispute the scope and depth of the Competition Appeal Tribunal (where Sky already lost one appeal) review, and questioned […]