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Paramount funds D Cinema

Paramount Pictures International has agreed to help fund European cinemas which are installing new generation projectors. Hollywood studios and exhibitors have tussled over who should bear the cost of the…

Dolgen and Freston join Veoh investors

Former Viacom president and CEO Tom Freston has joined a growing list of investors in Internet TV service Veoh Networks. Freston, who left Viacom a year ago, took part in…

Alcatel-Lucent plunges on warning

Alcatel-Lucent plunges on warning Shares in Alcatel-Lucent fell by as much as 14 per cent in Paris after it shocked the market with its third proit warning this year. The…

Mediaset profits, secures content

Italian broadcaster Mediaset posted first-half net profits up 2.5 per cent at E340.8m, on revenue 4.2 per cent higher at E2.08bn, citing higher revenues from its pay-per-view division and Spanish…

TiVo loss widens

TiVo said its second-quarter loss widened on a write down of inventory, but the company reiterated its goal of breaking even on an adjusted basis for fiscal 2008. The write…

PCCW reports interim results for 2007

Hong Kong telco PCCW, the world's leading IPTV provider, has reported stronger growth of its core telecom, media and ICT business segments in the first half of 2007 as the…

Belgacom helped by TV

Belgacom reported profit that beat analyst estimates for the second quarter on higher sales of high-speed Internet access and raised its forecasts for mobile-phone and fixed-line revenue. Net income rose…

Viacom surprise rise

Viacom Inc posted a better-than-expected profit, boosted by the film division. The New York-based owner of MTV Networks, Paramount movie studios and Nickelodeon cable channels said its second quarter profit…

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