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Bell tolls for Teachers TV

Bell tolls for Teachers TV

The UK Department for Education has pulled the plug on Teachers TV. Ten Alps, which co-owns the site with ITN, told the London stock exchange that the government is cancelling…

Veebeam raises $6m

Veebeam has raised the first of a two-tranche, $6 million second funding round from Amadeus Capital Partners, Intel, Capital and Oak Investment Partners, Bay Partners, Formative Ventures, Khosla Ventures and…

Sky Germany gets bank warning

Sky Germany gets bank warning

Sky Deutschland has just had another cash injection from News Corp which now controls almost 50 per cent of the pay-TV company, although Sky Deutschland is still seeking additional liquidity.…

Sezmi raises $17.3m funding

Sezmi has raised $17.3 million more for its US national hybrid broadcast-broadband television distribution network, according to a regulatory filing. The company, which was founded in 2005 and previously had…

Kabel Deutschland: “solid top line”

Germany‘s largest cable operator Kabel Deutschland (KDG) is looking to issue more shares. Bankers Morgan Stanley supports the move. Indeed, in a note to investors the bank says the cable…

BBC Trust freezes licence fee for two years

The BBC Trust has proposed to Government that the licence fee should be frozen at its current level of £145.50 (E173) for the remaining two years of the current settlement,…

Playout247 and VisionIPTV gear up for Internet TV growth

    Following a record 40 per cent revenue growth, driven by increased demand for broadcast services on both satellite and online platforms, London-based sister companies Playout247 and Vision IPTV…

Swisscom offers Fastweb buyout

  Swissom has offered to buy out its remaining fellow shareholders in Fastweb, giving the Swiss telecommunications group full control of its troubled Italian subsidiary. The Swiss group will offer…

Five cuts begin but Desmond pledges £1.5bn

Five cuts begin but Desmond pledges £1.5bn

Five is to lose seven of its nine executive directors in a management cull as new owner Richard Desmond looks to cut £20m (E24m) from the business. In total up…