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 […]
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
Deutsche Telekom posted first quarter net income almost doubled at €924m, thanks in part to the sale of its media and broadcast unit to French group TDF, with revenue slipping 3.1 per cent to E15 billion.
Channel 4 has hired BBC Worldwide’s director of digital ventures, Daniel Heaf, to work on interactive projects across its radio, TV and online output. Heaf, who was previously head of new media at BBC Radio 1 and the corporation’s BBC Teens brand Switch, becomes head of new media, 4 Radio and multimedia entertainment.
DirecTV's first-quarter net income rose 10 per cent amid higher net subscriber additions and a lower subscriber cancellation rate. The company reported net income of $371 million, up from $336 million, a year earlier. Revenue rose 17 per cent to $4.59 billion. DirecTV said US net subscriber additions rose 17 per cent to 275,000, putting […]
From Branislav Pekic in Rome Portugal's ZON Multimédia has added 13,400 new clients for its pay-TV service ZON TV Cabo in the first quarter of this year, representing a 60.3 per cent increase of net additions on the same period in 2007. The percentage of subscribers to the digital service “Funtastic Life” rose from 20 […]
Cablevision is close to an agreement to buy the Sundance Channel, jointly owned by NBC Universal, CBS, and actor Robert Redford, in a cash and stock deal valued at close to $500 million. A purchase of Sundance will strengthen Cablevision’s position in the independent-film programming arena as the cable operator already owns another film channel, […]
Pressure from low priced DTH and IPTV services in its Central European markets dragged on Liberty's UPC cable net results for Q1 with the loss of 57,000 video subscribers. Nonetheless other measures were strong with total RGU bas up 7 per cent or 1.6m since March last year, 348,000 RGUs were added in the quarter, […]