Category archives for: Business

TF1 Group acquires Star Wars saga

TF1 Group has signed an agreement with The Walt Disney Company France for new Marvel Studios and Star Wars productions. This free TV deal, across all TF1 channels, encompasses back-catalogue and upcoming Marvel Studios films, as well as existing and future Star Wars movies. It also includes the free TV rights for upcoming Marvel live action TV series, along with […]

AsiaSat revenues squeezed

AsiaSat announced a set of sharply reduced revenues and operating profits for the 6 months to June 30th, and warned the market that its full-year results will not be much of an improvement over the first half-year. AsiaSat had issued a profits warning back in July when it explained that lower prices achieved on renewed contracts, cancellations of some others […]

RTL cuts 2014 outlook

Europe’s largest television company RTL Group has cut its 2014 outlook, citing among other issues a new advertising tax in Hungary that hit its earnings in the first half of the year. The broadcaster said it now expected 2014 revenues to decline slightly, with a more significant decrease in earnings before interest, tax and amortisation (EBITA), having previously seen both […]

Hispasat’s growth in LatAm

Hispasat

Hispasat CEO Carlos Espinós says that 55.6 per cent of the Madrid-based satellite operator’s revenues are now coming from the Latin America area, and both revenues and LatAm’s share is growing. Espinós adds that these Latino operations are key to Hispasat’s success given that revenues from Europe were declining, and the recession in Europe meant little growth was anticipated. He […]

Kudelski H1 profits and revenues up

The Kudelski Group, a provider of media content protection and value-added service technology, has published its 2014 first half results. Group revenues in constant currency increased by 9.5 per cent over the same period in 2013, primarily driven by a patent cross-licence agreement with Cisco and by the consolidation of Conax starting in April 2014. Reported first half revenues increased […]

C4 acquires stakes in indie producers

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UK broadcaster Channel 4 has taken a significant step into TV production, buying minority stakes in four independent producers. The publicly-owned broadcaster has spent about £4 million to take undisclosed minority stakes of up to 25 per cent in the companies, the first investments from a £20 million fund that aims to help the growth of small and medium-sized independent […]

Screen Engine acquires ASI

Market research agency Screen Engine has confirmed the acquisition of ASI Entertainment, the company that pioneered dial testing research for television programming. The combined entity will become one of the largest US entertainment research firms. Screen Engine will continue to focus primarily on film related research, and ASI, which will now be known as Screen Engine/ASI, will service the television […]

China Digital ships 3.55m smart cards

China Digital TV Holdings, the NASDAQ registered but China-focussed, conditional access smart card supplier, says net revenues for Q2 slipped 5.8 per cent (same period last year) to $17.2 million, and a fall of 5.6 per cent when compared with Q1 this year. China Digital TV shipped approximately 3.55 million smart cards in the second quarter of 2014, compared to […]

Argentina’s Clarin to sell pay-TV channels

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Argentina’s Grupo Clarin is to sell its 7 cable TV channels to a US investment firm for $31.5 million. The move is part of its retreat from some aspects of its business as dictated by Argentina’s media laws. The offer has to be approved by shareholders (due on September 22nd). The potential buyer is 34 South Media, controlled by Alexander […]

PeerTV confirms new development capital

peerTV

PeerTV, the TV OTT technology solutions provider, announced on July 30th that it has successfully agreed new equity facilities of £1.5 million (€1.88m) which will finance the continuing development and sales drive for its latest breed of Android powered quad core set top boxes, which now include market leading H265 High Efficiency Video Coding. The AIM listed company is already […]

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