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Business

Grieve to Travel

Discovery Communications UK has lost its ad chief, Andrew Grieve, just weeks after the departure of its managing director Dan Brooke Grieve’s departure date is being negotiated, although he is due to start a new job at pay-TV broadcaster the Travel Channel, where he will head commercial activity, on 16 March. Previously, Grieve worked for […]

February 19, 2009

ITV exec for You Tube

YouTube has appointed ITV director of viewer marketing Anna Bateson as its European marketing director. She will join the video-sharing site in May to grow the YouTube brand across Europe, as well as develop commercial opportunities Bateson – who joined ITV in 2006 having previously been VP of marketing at MTV- arrives at YouTube a […]

February 19, 2009

Comcast sinks 32%

Comcast Corporation, America's largest cable TV provider, said that its fourth-quarter earnings fell 32 percent, hit by a $600 million write-down of its investment in the Clearwire Corporation, the wireless technology provider. Comcast's revenue and adjusted earnings were ahead of estimates, however, helped by growth in Comcast's video segment. In the fourth quarter Comcast earned […]

February 19, 2009

Canal+ claims unfair competition from Orange

Canal+ has filed a complaint with French antitrust authorities against France Telecom’s Orange, accusing the carrier of unfair competition in bundling its Internet, telephone and other services to attract customers. The complaint, filed with France’s Autorite de la Competition, accuses Orange of taking advantage of its control over the broadband market by tying its cable […]

February 18, 2009

Ofcom underlines support for BT NGN profit

The chances of BT spending £1.5bn (E1.7bn) on a superfast broadband network have increased after Ofcom said its rules would not prevent the telecoms operator from securing an adequate return on its investment. Ed Richards, chief executive of Ofcom, told the FT the planned regulatory regime for BT's network would not be an "obstacle". Since […]

February 18, 2009

MTG record results

Modern Times Group (MTG) reported revenues of SEK13.166bn (E1.22bn) for the year to December 2008, up 16% year-on-year. Group operating income after non-recurring items was SEK2.598bn, up 28%. The Viasat Broadcasting had revenue of SEK3.018bn in the fourth quarter, up 17% year-on-year. Nordic free-to-air channels turned in revenue of SEK1.053bn in the fourth quarter, up […]

February 18, 2009

Charter Chapter 11

Charter Communications said it had reached an agreement in principle with a debt holders committee on terms of a financial restructuring, to be done under Chapter 11 bankruptcy protection, to reduce Charter's debt by about $8 billion. The cable operator, controlled by Microsoft's co-founder, Paul Allen, said in a statement it would file for Chapter […]

February 18, 2009

ILIAD boosts ARPU

French IPTV operator Iliad boosted ARPU for its Free service to E36.90 during the fourth quarter of 2008. The operator said its record ARPU figure to-date was partly down to the launch of new services, including the Multi-TV Freebox in September. It introduced two new high-definition channels, France 2 and M6, and HD content on […]

February 13, 2009

Tvinci raises $1.6m

Israeli internet TV tech provider Tvinci has completed its first round of $1.6 million led by private investors. The Tel Aviv-based company is also looking for a second round in order to expand sales into other territories. Tvinci offers turnkey video customization tools to both mobile and pay-TV operators, and counts MSN and MTVN, including […]

February 13, 2009

Canal Digital profit up

Telenor Broadcast's Canal Digital added 12,000 DTH subscribers in the fourth quarter of 2008, ending the year with 1.113 million, down slightly from 1.131 million in 2007. The number of cable households increased by 5,000 in the three months to December 31, ending the year at 746,000, compared with 705,000 in 2007. Canal Digital posted […]

February 12, 2009