The DVB Project has reported that the Inter-American Telecommunication Commission (CITEL), a body of the Organisation of American States (OAS), has decided to include the standards for digital terrestrial television DVB-T (fixed reception) and DVB-H (mobile TV) as official standards within the CITEL implementation guidelines. The CITEL Digital Terrestrial Broadcasting Implementation Guide‚ is intended to […]
Viacom's quarterly net profit rose 33 per cent, beating Wall Street forecasts, on strong sales of the 'Rock Band' video game and higher advertising revenue at MTV Networks. The company said it has seen no slowdown yet in US advertising, temporarily addressing concerns that the credit crisis will lead to an advertising recession. First-quarter profit […]
ROK Entertainment has acquired 100 per cent of the issued and to be issued share capital of Jalipo for total consideration of 600,000 ordinary shares. Jalipo Media Limited, a wholly owned subsidiary of Jalipo Ltd and the only operating function therein, is a UK Registered IPTV company which offers live streaming of TV content over […]
UK's Virgin Media added 4,900 net new customers for its services in the first quarter and said better customer retention and stabilising revenue per customer left it positioned for growth. “Our first-quarter results represent another solid operational performance. In particular, churn continued to decline, reflecting the emphasis that we have placed on this area,” commented […]
DirecTV netted 275,000 customers during the three-month period, taking its customer count past the 17 million mark. DirecTV cited its ongoing HD programming push for part of the success, with CEO Chase Carey saying the company’s strategy “of offering the best television experience to higher quality customers continues to drive superior financial results.” In addition […]
News Corp’s social-networking website MySpace failed to hit its revenue target this year as advertisers struggle to judge the commercial value of making on-line friends. News Corp revealed that its Fox Interactive Media arm, which includes MySpace, will miss its goal of an 80 per cent increase in revenue by “about 10 per cent”. The […]
Days after getting new owners TV Guide is back on the block. It would be the fourth change in control during the last decade for TV Guide. Last week, the Macrovision Solutions Corporation completed a $2.8 billion takeover of Gemstar-TV Guide, the magazine's publisher. The new owner has made clear that it is interested in […]
ITV has been fined £5.675 million (E7.12m) by Ofcom over the of premium-rate phone lines scandal – nearly three times the previous record sanction against a UK broadcaster. The chairman of Ofcom’s content sanctions committee, Philip Graf, said: “ITV programme makers totally disregarded their own published terms and conditions and Ofcom codes. Further, there was […]
Italian broadband operator Fastweb reduced its net loss and added clients in the first three months of the year and left open the possibility it will bid for Italian rival Tiscali. The net loss narrowed 47 percent to E11 million from a year ago. EBITDA rose 15 per cent to E112.5 million as sales rose […]
France Telecom posted first-quarter sales of E13.03billion, up 1.4 per cent year-on-year, with EDITDA up to E4.79 billion from E4.66 billion. Finance director Gervais Pellissier also confirmed the group was still interested in acquiring Nordic operator TeliaSonera, but added no negotiations were currently taking place