YuMe, a six-year-old company for dynamic insertion of ads in online video announced that it has raised $25 million in additional capital in a round led by Menlo Ventures. Existing YuMe backers, including Accel Partners, Khosla Ventures, BV Capital and DAG Ventures, also participated in the funding. YuMe matches advertisements to videos on such sites […]
Viasat has added an additional 21,000 premium subscribers in the fourth quarter, across its DTH and IPTV platforms. Turnover increased by 6 per cent on the year to SEK 4076 billion, up 4 per cent year on year. However, a charge on Bulgaria's Nova Televizia of SEK 3.352 billion took MTG into a fourth quarter […]
Viasat has added an additional 21,000 premium subscribers in the fourth quarter, across its DTH and IPTV platforms. Turnover increased by 6 per cent on the year to SEK 4076 billion, up 4 per cent year on year. However, a charge on Bulgaria's Nova Televizia of SEK 3.352 billion took MTG into a fourth quarter […]
SingTel, Singapore’s largest telco, added 29,000 new mio TV customers for the three months ended December 31st, the same quarter it outbid rival StarHub to score the exclusive right to broadcast the 2010 to 2013 seasons of Premier League football. The 23 per cent increase is the biggest quarterly gain it has recorded since the […]
The Walt Disney Company has reported first-quarter profit that beat analysts' estimates as TV revenue rose and theme-park results stabilised. Net income totalled $844 million compared with $845 million a year earlier, when a gain on the sale of TV stations boosted results. Disney's revenue from digital operations exceeded $2 billion in 2009, Bob Iger, […]
SES Astra has revealed that the French DTT on satellite offer TNTSAT, posted strong growth with 1.85 million TNTSAT receivers sold as of end 2009. Launched in March 2007, TNTSAT enjoyed strong growth in 2008, with 750,000 receivers sold. This trend accelerated in 2009 with 850,000 terminals sold. The take-up shows that French households outside […]
Motive Television, a leading media investment company, has raised £400k (E456k) through the subscription of new shares to retail and institutional investors. The money will be used to continue the marketing and development of its Digital Terrestrial TV ('DTT') technology business. As part of the Company's new strategic focus, it has already secured the global […]
Swedish film streaming site Voddler, still in beta, has won another $3.5 million in funding from Eqvitec Partners and brings the total amount invested to million $20.2 million. To coincide with the announcement, Voddler is also extending its beta programme to Norway. Voddler already has 420,000 users in Sweden, and the plan is to extend […]
News Corp returned to profit with $254 million for the three months to December, compared with a $6.4 billion loss a year ago – down to major asset write-downs. “Content is not just king, it is the emperor of all things digital,” said chairman Rupert Murdoch. “We’re on the cusp of a digital revolution from […]
Time Warner said its net income rose to $627 million, in the quarter ended Dec. 31, compared with a $16 billion loss in the year-earlier quarter (based mainly in writing down AOL value). The company said adjusted operating income rose 35 per cent to $1.5 billion, matching analysts’ expectations. Sales rose 2 per cent to […]