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Cablevision on brink

The Dolan's plan to take Cablevision private is on the brink as ClearBridge Advisors, the largest institutional shareholder in declares it plans to vote against the Dolan family’s $10.6 billion…

Ericsson crash on profits warning

Having apparently been outperforming many of its rivals dust during the past year and a half, the world's leading telecommunications equipment maker issued a sales and profit warning. It said…

Echostar shares up on AT&T speculation

EchoStar Communications Corp shares rose 4 per cent on speculation that US telco giant AT&T could buy the satellite television provider within a year. Echostar’s television service would complement AT&T’s…

Pace on track but warn on '08

Pace Microtechnology put out a Market Update saying “Pace is continuing to perform well and the Board now expects that the outcome for the shortened 2007 year will be significantly…

Cablevision privatisation slowed

The Dolan family's effort to take Cablevision Systems private is being opposed by a large shareholder and a major proxy advisory firm. Mario Gabelli, a longtime media investor, said that…

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…