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Business

Grade to step down as ITV chief

ITV is to begin the search for a new chief executive, with Michael Grade relinquishing this responsibility and staying on at the company solely as chairman a year earlier than planned. The commercial broadcaster said it would have a new chief executive in place by the end of 2009 at the latest, by which time […]

April 24, 2009

Joost seeks buyer?

Reports in the US say online video platform Joost is actively seeking a buyer and has told cable and satellite providers that it could be their online video solution. Time Warner Cable is one of the companies that has expressed interest in Joost say the reports. In the online video sector, Joost has fallen far […]

April 24, 2009

Canvas could face competition probe

UK regulator Ofcom has said Project Canvas, the broadband TV joint venture between BBC, ITV and BT, could face a competition investigation. Ofcom, in its submission to the BBC Trust, has warned that the venture could find itself the subject of the same regulatory scrutiny that earlier this year spelled the end for Project Kangaroo. […]

April 24, 2009

Grass Valley eyes mobile and future ownership

From Colin Mann in Las Vegas Despite its impending separation from parent company Thomson, Grass Valley is upholding its intentions to be active across a range of platforms by revealing a complete ATSC-M/H broadcasting solution, designed to give broadcasters and service providers a one-stop shop for test and evaluation solutions which can go on to […]

April 22, 2009

Move takes over Inuk

Inuk, the IPTV service for students, has been bought by Move Networks for an undisclosed fee. Move Networks says the combination of Inuk's IPTV platform and its virtual set-top box technology would be able to offer viewers an internet television experience with no skipping or buffering. "Inuk's IPTV platform is well positioned to deliver these […]

April 22, 2009

Dunbar joins SeaChange

SeaChange International, provider of software and hardware solutions for video-on-demand television, has confirmed the appointment of Ed Dunbar as president and chief operating officer of SeaChange. Dunbar brings 30 years of cable, advertising and broadcast management experience to this newly created position. Prior to his appointment, Dunbar was an area vice president of Comcast Cable […]

April 14, 2009

German watchdog to probe Premiere

German financial watchdog Bafin has launched a probe into possible insider trading and market manipulation involving shares in German pay-TV broadcaster Premiere. The investigation focuses on trades that may be related to a correction of Premiere subscriber numbers last year, a Bafin spokeswoman said. Premiere also confirmed that the probe was under way but declined […]

April 14, 2009

TMT growth funding in danger of drying up

The number of TMT (Technology, Media & Telecoms) businesses who feel they have access to funding for their business to operate effectively has more than halved year-on-year, according to new research from accountants and business advisers BDO Stoy Hayward. In 2009, only 38 per cent of TMT businesses said it was easy to get access […]

April 14, 2009

Anevia secures $7m in capital investment

Anevia, supplier of IPTV and VOD solutions, has secured $7 million in a second round of financing led by Seventure Partners alongside CDC Innovation, a shareholder from the first round funding in 2005. Anevia leads the IPTV market with more than 10,000 live channels and over 4 million end users on the telecoms and hospitality […]

April 10, 2009

Virgin Media TV appoints Webb

Virgin Media has confirmed that, following the departure of former CEO Malcolm Wall, Jonathan Webb has been appointed to the new position of Executive Director, Virgin Media Television. Webb will be responsible for leading the continued development of the company's portfolio of multiplatform entertainment brands, including Living, Virgin 1, Bravo and Challenge. Webb was appointed […]

April 10, 2009