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BBC warns of service closures

The BBC has admitted that TV, radio and online services could be at risk as the corporation seeks cost savings in the face of October’s licence fee settlement. Michael Lyons,…

Youku’s $203m IPO ‘unhealthy’

Youku, China’s largest online video company, has raised $203 million in its initial public offering and saw its shares surge more than 100 per cent in New York trading. Tudou,…

UK plans super fast broadband future

UK plans super fast broadband future

The UK Government has revealed plans to spend £830 million (€979m) in an effort to give the UK the best broadband network in Europe by 2015. An action plan –…

MGM OK’d to exit bankruptcy

MGM OK’d to exit bankruptcy

Troubled Hollywood studio MGM on December 2nd saw its bankruptcy reorganisation plan approved by a New York court, and cleared the way for MGM to speedily exit its Chapter 11…

SES invests another $75m in O3b

O3b is a new satellite constellation that is promising fibre-like speeds from orbiting craft and providing broadband connectivity to “the Other 3 Billion” (O3b) of largely unconnected people and businesses…

Shareholders attack Sky Deutschland

German shareholder representation group DSW has stated the board of Sky Deutschland has an obligation to take legal action against the company’s former management over its alleged misstating of subscriber…

Liberty’s cash boost for Prisa

Media group Prisa, main owner of digital DTH platform, Digital Plus, is to get a cash injection of E650 million following the approval by shareholders of US investment group Liberty…

Grade calls for C4 to be funded by licence fee

Grade calls for C4 to be funded by licence fee

Michael Grade, the former head of Channel 4, has called for the group to be funded by the BBC licence fee, “to repair a broadcasting model that is fast breaking…

TV Everywhere invests in KLipcorp

TV technology development and investment company TV Everywhere has announced an investment in KLipcorp, a company specialising in IP protection in the digital age. KLipcorp assist clients such as leading…

Lagardere predicts Canal Plus IPO

Lagardere predicts Canal Plus IPO

French media group Lagardere will sell its stake in pay-TV group Canal+ France in an initial public offering (IPO) in spring 2011, its Chief Financial Officer Dominique d’Hinnin has stated.…