Category archives for: Business

AT&T “future multi-screen”

Delivering video to any screen is one of the ‘primacy objectives’ for AT&T in its proposed acquisition of DirecTV, a strategy that will run alongside AT&T’s pursuit of OTT services with U-verse, Randall Stephenson, AT&T’s chairman and CEO, said discussing  the company’s Q4 results. “When we did this deal [for DirecTV] our customers are demanding video to be delivered across […]

London Live to cut third of work force

London-Live

London Live, the struggling London city TV station, is set to cut 20 jobs, around a third of its staff, with the cost-savings to be re-invested in programming content. The channel, owned by Evgeny Lebedev, is making the cuts to its news and current affairs team.  “As the business develops, we are able to assess where our resources are best […]

Imagine acquires RGB Networks

In a move that boosts its end-to-end video distribution capability with Dynamic Ad Insertion, Just-in-Time Packaging and Cloud DVR Technology, advertising management and video infrastructure solutions specialist Imagine Communications has signed a definitive agreement to acquire the assets of RGB Networks, Inc., a leading provider of multiscreen video delivery solutions based in Sunnyvale, California. The transaction, subject to customary approvals […]

Liberty Global’s Fries renews consolidation call

Mike Fries, president and CEO of cable MSO Liberty Global, has reiterated his call for industry consolidation better to compete with global players. Fries’ refrain, regularly expressed at industry events such as ANGA COM, was aired during an interview on CNBC at the World Economic Forum in Davos, where he also shared his thoughts on the Net Neutrality debate in […]

AT&T to buy Nextel Mexico’s wireless assets

AT&T, the second-largest US mobile-phone carrier, is set to buy NII Holdings’ Mexican wireless assets for $1.875 billion in its third deal to expand south of the US border. The acquisition includes companies that operate under the name Nextel Mexico, spectrum licences, network assets, retail stores and about 3 million customers. The purchase price doesn’t include an unspecified amount of […]

SES will majority own O3b by 2017

While much has been made of Elon Musk’s plan for 4000 small orbiting satellites and Sir Richard Branson’s backing for a rival 2400 mini-satellites scheme, the fact is that Jersey-based O3b is already beginning to serve “the other 3 billion” of the planet’s under-served potential broadband users. O3b’s CEO Steve Collar told press at a Paris event that it expected […]

Telefónica confirms £10bn Hutchison O2 UK deal

telefonica

Telefónica has entered into an exclusivity agreement with Hutchison Whampoa in relation to Hutchison’s potential acquisition of O2 UK, Telefónica’s subsidiary in the UK, for £10.25 billion (€13.5bn) in cash. The agreement includes an initial amount of £9.25 billion which would be paid at closing of the transaction and an additional deferred payment of £1 billion. The exclusivity period will […]

Telefónica to drop Canal Plus acquisition?

Tough approval conditions from the Spanish competition watchdog CNMC could see an end to Telefónica’s acquisition of Canal Plus. Negotiations between CNMC and Telefónica are reportedly about to collapse since the telco will not agree to share content and TV rights with rivals (Orange, Vodafone-ONO) as the CNMC is demanding to give its go-ahead to the acquisition. The CNMC is […]

Booming sports costs worry broadcasters

Multichannel operators have been suffering a decline in margin on video for years, in large part as a result to the rapidly escalating cost of sports, according to SNL Kagan, who note that there are other factors at play such as retransmission consent payments and the expanding size of the bundle. The research firm took a “deep dive” into the […]

Dolby Labs’ share price crash

Dolby Labs’ share price has crashed by as much as 11.4 per cent following the release this week of the company’s Q1 results. The fall was not expected given that the results exceeded most analysts’ forecasts.  Actual quarterly revenue rose 1 per cent (y-o-y) but shareholders expected more.  The day closed with a fall of 7.04 per cent, to $39.1 […]

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