Michael T. Fries, President and Chief Executive Officer Liberty Global Inc., will join the TV Summit of the international exhibition and congress ANGA COM. Liberty Global is the largest international cable network operator with companies in 13 countries and 20 million customers. The Exhibition and Congress for Broadband, Cable & Satellite will take place from June 4th to 6th in [...]
Conax has announced that independent Indian MSO, Bhagyanagar Digital Service, has selected Conax to deliver the MSO’s cable TV operators with a cost effective and flexible content security (CAS) solution for enabling smooth digital migration and development of subscriber bases. In the evolving dynamics of the new digital landscape, Conax will empower Bhagyanagar Digital Services with smooth transition to the [...]
NCTA president Michael Powell is about to tell a US Senate hearing that OTT supplier Netflix is the largest subscription video provider in the USA today. Powell is due to address the senate’s Communication’s Subcomittee on May 14th, and tell them that “The largest subscription video provider in the country today is Netflix — not Comcast, Time Warner Cable, DirecTV [...]
Former News International Chief Executive Tom Mockridge is to become CEO of Virgin Media upon the closing of Liberty Global’s proposed acquisition of Virgin Media, which is subject to stockholder approval of both companies. The US Securities and Exchange Commission has approved the definitive Joint Proxy Statement/ Prospectus, and stockholders of both companies are scheduled to vote on the transaction [...]
Profits jumped at Walt Disney as its cable networks turned in a strong performance. Second-quarter net income rose 32 per cent to $1.5 billion, from $1.1 billion a year ago. Revenues rose 10 per cent to $1.06 billion. Disney’s stock was already at record levels and the earnings report exceeded analysts’ expectations. “Our results reflect our successful strategy, the strength [...]
Liberty Global Inc reveals its financial and operating results for Q1 ended March 31st 2013 and reports total RGUs of 35.2 million, including organic RGU additions of 373,000 during the quarter. Revenue was $2.8 billion, representing like for like growth of 6 per cent and operating income of $525 million, also up 6 per cent. Liberty Global’s President and CEO [...]
Switzerland’s upc cablecom increased its subscriber base in the first quarter of 2013 with growth of 21,600 new subscribers for broadband Internet. Revenue also increased sharply, driven by higher customer numbers increasing by 5.1 per cent to CHF 303.3 million (€248m). More than 55,000 Swiss households are now using the Horizon multimedia platform launched in January. Horizon was among the [...]
Cable giant DEN Networks is to raise $160 million in a share sale. DEN has some 11 million homes in its cable system and is heavily involved in India’s digitisation process. The cash is being raised via Goldman Sachs’ Singapore office where Broad Street Investments and MBD Bridge Street 2013 Investments will take a total of $110 million. In addition, [...]
Ian Mecklenburgh, Virgin Media’s director of consumer platforms, was non-committal about the future of Virgin’s TiVO once Liberty is in control. He conceded that Liberty had made big investments in their proprietary Horizon system, but equally “there is an install base of 1.5 million TiVos and that carries a lot of weight.” Mecklenburgh did enthuse on the latest improvements to [...]
Following the admission by John Whittingdale, Chairman of the UK House of Commons Chairman of the Culture, Media and Sport Select Committee, that a Communications Bill was unlikely to feature in the government’s legislative programme for 2013-14, Ed Vaizey, Minister for Culture, Communications and Creative Industries, has revealed that a Communications Green Paper – a tentative government report and consultation [...]
