Portuguese cable TV operator Cabovisão is allegedly not paying its content providers, especially suppliers of news and thematic channels, according to local media reports. Although the operator has not commented on this subject, the financial situation of Cabovisão has been in the news in recent weeks. The same sources admit that this interruption in payments could be a strategy to [...]
New media and video technology company Vidunix – which counts senior management from competitor KIT digital among its founders – has set out its market positioning and confirmed that it is committed to the Czech Republic and growing its global operations headquarters in Prague. Vidunix has been launched as a “fresh new player on the market” with the vision of [...]
Digital sports rights company Perform has acquired real-time data firm RunningBall in a deal worth up to €120 million. The deal is the largest takeover yet by Perform, whose largest shareholder is US billionaire Leonard Blavatnik. Under the terms of the deal Perform, which listed on the London Stock Exchange in 2011, will pay a minimum of €101 million and [...]
Sky Deutschland has reported its first-quarter operating loss improved to €40.6 million. The company added 73,000 new subscribers at the end of March, slightly better than forecast. The pay-TV broadcaster increased first quarter revenues by 18 per cent to €318 million. “Germany and Austria are amongst the highest potential markets for pay-TV across Europe, and the acceleration of demand across [...]
Canal Plus France, including its pay TV operations in mainland France, and Africa, attracted 211,000 new subscribers during the first quarter, ending March with a total of 12,817,000 customers. Revenues increased slightly to €1.03 billion from €1 billion a year ago. In France, ARPU increased €47.6. In Poland and Vietnam, the Vivendi-owned operator attracted 81,000 pay TV customers, ending March [...]
Japan’s largest mobile telco is about to buy in to mobile media content in Europe by buying Buongiorno, the Italian producer of games, music and other services. NTT DoCoMo has bid €224 million. DoCoMo says it wants to grow outside of Asia by adding Buongiorno’s two billion customers in 57 countries. It already invested in Vietnamese mobile content outfit VMG and [...]
Facebook has increased the price range of its stock in what will be Silicon Valley’s biggest-ever initial public offering to raise more than $12 billion (£7.4bn), giving the social network a valuation that could exceed $100 billion. The company has raised the price target of its flotation on Friday to between $34 and $38 a share – up from $28 [...]
Loewe, the publicly quoted German maker of super luxury, super expensive TVs, saw its shares rise 25 per cent on Monday after weekend stories – now denied by both parties – that Apple was targeting it for acquisition. Apple, known to be readying its iTV for market, was said to be paying $112 million for the small specialist. This illustrates [...]
Channel operator AMC Networks, which counts hit series The Walking Dead and Mad Men among its programming, is benefiting from the online availability of such shows, according to President and Chief Executive Officer Josh Sapan. “New viewers are finding these shows on a digital service, catching up on prior seasons and then tuning into AMC for new seasons in greater [...]
Channel 4 group has reported a six-fold increase in losses at its main network to more than £40 million (€49m) in 2011, as ad revenues fell by almost 20 per cent. Group revenues rose 6.2 per cent year on year to £941 million in 2011, thanks to the TV ad sales contract Channel 4 has with pay-TV operator UKTV, but [...]
