The owners of German cable company Primacom have been forced to inject another €20 million into the business and restructure its €300 million of debt for the second time in a year. Primacom was taken over in January 2011 by its bank lenders including ING and fund managers Alcentra Group, Tennenbaum Capital and Avenue Capital […]
Virgin Media has posted fourth quarter results ahead of forecasts and generated strong cash flows as customers bought into to its new TiVo service and fast broadband offerings. Like BSkyB, Virgin has focused on upselling to existing customers in recent quarters. The number of customers taking its new smart TiVo TV service more than doubled […]
Deutsche Telekom and NetCologne have challenged the German antitrust authority’s approval of Liberty Global’s acquisition of Kabel Baden-Wuerttemberg, Boersen-Zeitung has reported. Concessions accepted by the watchdog don’t guarantee market competition for contracts with housing associations, which often reach long-term agreements with cable operators, the German newspaper reports Deutsche Telekom as saying.
Time Warner Cable continued to add high-speed Internet customers but lose pay-TV subscribers in Q4 2011, as the second-largest cable operator in the US navigated “rapid changes in technology in the consumer marketplace”, according to chief executive Glenn Britt. Residential high-speed Internet revenues were up 8.6 per cent on the addition of 117,000 customers, and […]
The Anga Cable show has reported a total of 95 per cent of the exhibition space has already been registered by 360 different companies in preperation for the 2012 event. Peter Charissé, managing director of Anga Cable, commented: “Without last year´s extension of floor space we would have been fully booked by the middle of […]
Comcast Corporation and The Walt Disney Company have reached a long-term, comprehensive distribution agreement that will deliver Disney’s sports, news and entertainment content to Comcast’s Xfinity TV customers into the next decade on television, online, on tablets and handheld devices. The new agreement enhances the multichannel business model and supports the companies’ mutual goal to […]
The proliferation of devices is increasing access to content, which recent data suggest is driving more consumption, according to consultancy firm Deloitte’s sixth edition State of the Media Democracy survey, which reveals that the introduction of new platforms has led to increases in the consumption of movies and books. The survey assesses media consumption preferences […]
International entertainment broadcasting group Modern Times Group is marking the 20th anniversary of the launch of Viasat’s pay-TV services with the rebranding of the TV1000 movie channel brand to ‘Viasat Film’ across the Nordic region. In addition, Viasat will also launch four new Viasat Film premium pay-TV HD movie channels in Sweden, Norway, Denmark and […]
Australia’s Treasurer Wayne Swan has given the green light for pay-TV provider Foxtel’s $2.5 billion takeover for regional pay-TV operator Austar. Approval from the Australian Competition and Consumer Commission (ACCC) is still needed for the deal to proceed. The ACCC raised some concerns about the tie-up in a statement of issues published in July and […]
Vevo, the online music video venture of Sony Music, Vivendi’s Universal Music and Abu Dhabi Media Company, is looking at launching a cable channel and also eyeing internet-connected devices as a way into the living room. Doug Morris, the Sony Music chief executive who launched it two years ago while running Universal, told the FT […]