After two years as the head of the audio and music section of the BBC's future media and technology department, James Cridland is leaving. Cridland joined the BBC in 2007 as part of a round of appointments by the then head of BBC future media and technology, Ashley Highfield. He joined the BBC after serving […]
The UK Office of Fair Trading (OFT) is to launch an investigation into how the habits and personal information of web users are used to target Internet advertising. Competition regulators said they had been prompted to launch the study, which could ultimately lead to an industry code of practice, because of a need to “update […]
PCCW has reported its first-half net profit edged lower as revenue from telecommunications services declined due to the weakening Hong Kong economy. The dominant telco said its net profit for the six months ended June 30 was HK$654 million Hong Kong dollars ($83.8 million), down 0.3 per cent from HK$656 million a year earlier. Revenue […]
Com Hem the Swedish MSO reported an 11% revenue increase in the second quarter. Digital television subscriptions increased by 4%, passing the half million at 504,000. Pay-TV subscribers on the analogue network continued to fall to 60,400 from 77,300, with migration to digital. Fast internet grew subs were up by 0.3% to 513,100 and telephony […]
Metro-Goldwyn-Mayer, crumbling under the weight of a $3.7 billion loan, has ousted its CEO, Harry E. Sloan, in favour of the turnaround expert Stephen F. Cooper, who ran Enron during its bankruptcy. Once the most powerful studios in Hollywood, MGM has not released a movie since "Valkyrie" in December and will release only one film […]
News Corp has unveiled details of a shake-up of its Hong Kong-based Star television group as James Murdoch, chairman and chief executive for Europe and Asia, looks to cut costs and consolidate overlapping businesses in the region. About 150-200 jobs at Star are expected to go in the Hong Kong office over the next 12 […]
TMT companies are showing some signs of confidence over the economy, according to new research from accountants and business advisers BDO Stoy Hayward, which looked at confidence levels in the sector over the next six months. The survey covered technology, media and telecoms companies across the UK, with worldwide revenues ranging from £10m (E11.7m) to […]
BskyB has written to the BBC Trust expressing "serious concerns" about its handling of Project Canvas. The Trust's conduct of a consultation process on Canvas "will only serve to undermine further industry confidence in its ability and inclination to act as a genuinely independent regulator of the BBC", Sky said. Since February, the Trust has […]
Cindy Rose is joining Virgin Media as executive director of television, where she will lead Virgin Media's strategy for TV, including development of its digital platform and market leading video-on-demand service. Rose was most recently as SVP & Managing Director, Disney Interactive Media Group (EMEA). Neil Berkett, chief executive officer of Virgin Media, said: "Cindy […]
Intelsat reported results for the three months and six months ended June 30, 2009 with revenue of $642.5 million and a net loss of $32.7 million for the three months. The company reported EBITDAi, of $522.4 million. "Intelsat's record Adjusted EBITDA in the second quarter of 2009 surpassed the $500 million level for the first […]