IPTV platform supplier Amino Communications is to acquire Swedish vendor Tilgin AB’s IPTV set-top box (STB) division in a £2.5 million (€3.17m). The company says the purchase of Tilgin IPTV, which offers a range of H.264 HD IPTV STBs within its ‘Mood’ product line, will further enhance Amino’s award-winning product portfolio and add new software […]
Teracom has become the sole shareholder of Boxer, the Swedish DTT operating company, after buying out the 30 per cent of private equity firm 3i. Crister Fritzson, CEO of Teracom, who previously held the same position with Boxer said there would be no change of direction. “Teracom has always been the main shareholder in Boxer […]
UK telco BT has announced it will be cutting 10,000 jobs following a gloomy Q2 report. The company said it had already cut 4,000 jobs, leaving a further 6,000 to go between now and March, adding that it was not planning any compulsory redundancies. BT said it was reducing its dependence on consultants and contractors, […]
The continuing costs related to the hacking of its encryption system took Premiere to its fourth consecutive quarterly loss in the third quarter. A negative EBITDA of E27.2 million in Q3 2008 compared to the positive E22m in the same quarter of last year. Increased costs on transmission, hardware and sales pushed operating costs up […]
Intelsat has reported revenue of $598.5 million and a net loss of $179.3 million for the three months ended September 30th, 2008. The company also reported EBITDA of $406.3 million. “Intelsat’s third quarter results showed strength and stability as we improved revenue by 10 percent, grew Adjusted EBITDA by 11 percent, and increased our contract […]
BBC Future Media & Technology director Erik Huggers and chief operating officer Kerstin Mogull are shuffling personell, in what looks like further multimedia integration and a response to BBC.co.uk overspending. Anthony Rose, who was brought in from KaZaA last year as head of media technology, becomes controller of the Vision & Online Media Group. User […]
Adult entertainment specialist Private Media Group has announced its results for the three months ending September 30th, 2008. It reported net sales of E4.6 million compared to net sales of E7.5 million for the three months ended September 30, 2007, a decrease of E2.9 million. "Due to the comparatively weaker dollar and the restructuring of […]
Sky1 controller Richard Woolfe is leaving to join Channel Five in a senior programming role. The new Five chief executive, Dawn Airey, has persuaded Woolfe to join the terrestrial broadcaster as channel controller. Woolfe will be in charge of commissioning, scheduling and strategy for Five’s main terrestrial channel.
Project Kangaroo's set back continue as CEO Ashley Highfield leaves the online venture before launch to become managing director for Microsoft UK’s online operation. He will be replaced on an interim basis by Rod Henwood, the former Channel 4 business director responsible for launching 4oD, the channel’s on-demand service, while a search for a replacement […]
Dish Network has seen its third-quarter profits shrink 54% and its subscriber numbers decline for the second quarter in a row. Dish, the second largest satellite operator in the US, generated $92 million profit on $2.9 billion in third-quarter sales. That compares to $199.7 million profit on $2.7 billion revenue in the third quarter of […]