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ProSiebenSat.1 Q3

German broadcaster ProSiebenSat.1 said adjusted core earnings more than doubled in the third quarter mainly thanks to the acquisition of SBS broadcasting. Earnings before interest, tax, depreciation and amortisation rose…

Avail receives injection of capital, Espial deal

Avail Media, provider of IPTV and advanced media services to broadband operators, has closed the final tranche of a $25 million Series B equity round. First time investor Valhalla Partners…

TiVo narrows loss

Digital video recorder maker TiVo has reported a narrower quarterly loss as its revenue and subscriptions increased, and it issued a forecast that was more optimistic than estimates. The net…

Spotzer E10m

Spotzer Media Group, provider of multi-media video advertising campaigns, announced the closing of a E10 million financing led by Sierra Ventures of Menlo Park, California. European Directories, operator of leading…

Setanta raises football finances

Setanta Sports has raised an extra E130 million to finance its assault on BSkyB’s dominance of football coverage. The funding has come from a share issue to existing backers –…

Ericsson goes on falling

Ericsson, the Swedish telco supplier, lost another 11 per cent market value on Tuesday after it told an investors fourth-quarter earnings would come in at the lower end of expectations.…

Spain’s ONO E186m loss

From David Del Valle in Madrid Spain’s largest cable company ONO has declared a loss of E186 million in the first nine months of the year as a result of…

New promo money for Spain DTT

From David Del Valle in Madrid The Ministry of Industry and the Pro DTT Association, ImpulsaTDT, have signed an agreement to invest E6 million in the promotion of DTT to…

Echostar results

EchoStar Communications Corporation reported total revenue of $2.79 billion for the quarter ended September 30, a 12.9 percent increase compared with $2.48 billion for the corresponding period in 2006. Net…

Cablevision loss widens

US operator Cablevision reported a wider net loss for the third quarter, but operating income rose 59 per cent as more cable TV customers signed up for high-speed Internet and…