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Boxee: $16.5m funding

Web-TV company Boxee has secured a new round of financing for $16.5 million in Series C financing from both new and existing investors. New investors include Tel Aviv-based Pitango Venture…

Dahlia off-air as rescue fails

Italian pay-DTT broadcaster Dahlia TV is off-air as new investors failed to materialise a month after it entered liquidation. A statement on the company’s website announced: “Dahlia TV and his…

Catch Media snares Motorola Mobility money

Motorola Mobility Ventures, the investment arm of Motorola Mobility Holdings, is to make a strategic investment in Catch Media, the provider of a patented licensed digital rights locker platform –…

Vivendi fends off investors

Vivendi is claiming a major legal victory after a US judge limited the number of shareholders who can pursue it over alleged false financial statements relating to the Seagram /…

Broadcast incentive could net US treasury over $33bn

CTIA – The Wireless Association and the Consumer Electronics Association (CEA) have submitted a white paper to the Federal Communications Commission (FCC) demonstrating that the auction of 120 MHz of…

NDS seeks $1.05bn boost

NDS seeks $1.05bn boost

Digital pay-TV technology specialist NDS – owned by Permira Funds and News Corp – is seeking $1.05 billion in loans to refinance debt, reports Bloomberg, citing a person with knowledge…

EU plans fast broadband meeting with CEOs

Heads of telecommunications and Internet companies will gather in Brussels in March and July to discuss plans to provide all European Union citizens with fast broadband by 2020, a spokesman…

AirTies secures expansion investment

AirTies, Turkey’s wireless home media network vendor, has announced that it has received a ‘multi-million dollar investment’ from US private equity firm, Invus.  The investment will be used to help…

European pay-radio: Getting ready

The past couple of years have not been good for pay-radio’s prospects in Europe. We’ve seen the Worldspace catastrophe, now well over two years into its Chapter 11 bankruptcy (WS…

Tele Columbus completes restructure

The Tele Columbus Group, the leading German cable network operators, has successfully completed the financial restructuring process initiated in 2010. With expanded capital resources, the business is now better positioned…