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 the company’s Series C funding, which closed in August 2007, via his Firefly3 LLC firm. Former Paramount Pictures head Jonathan Dolgen was also amongst investors […]
The creative minds behind such TV shows as 'Thirtysomething' and 'My So-Called Life' are launching a Web-based show, hoping to find the artistic freedom online that they say is lacking on broadcast networks. The show, called 'Quarterlife', will debut November 11 on MySpace.com and will also be paired with its own social networking site that […]
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 group, formed last year from the E11.1 bn merger of France's Alcatel and Lucent of the US, said it was forced to slash its forecast […]
Google is seeking to forge partnerships with newspaper companies to publish video news clips on YouTube and share the advertising take. David Eun, Google’s vice president of content said that the company is having “deep discussions” with various content providers in Seoul and will announce deals very soon. “You can have video content on your […]
Music artist Prince is threatening to sue a host of major websites, including YouTube, eBay and Pirate Bay, as part of a legal initiative to “reclaim the Internet” from piracy. Lawsuits relating to Prince’s material will be launched in the US and UK as part of a campaign led by anti-piracy firm Web Sheriff, which […]
From Branislav Pekic in Rome Portuguese pay-TV operator TV Cabo will launch 15 new channels by the end of the year, taking the total number to 103. Currently, TV Cabo offers its subscribers a total of 87 channels (65 basic, 9 Premium and 13 radio stations) and all of the new channels. Among the new […]
Michael Grade, executive chairman of ITV outlined a five-year, self-funding strategy to increase revenue, improve programming and expand its online audience. Grade's plan – envisaging a doubling of income from ITV Productions to £1.2 billion (E1.71bn) by 2012 and a quintupling of Internet revenue to £150 million within three years – hinged on self-sufficiency. “We […]
A total of 65 producers of adult movies, their lawyers and other employees have organised a conference, where possible measures to be taken against piracy will be discussed. Data shows that only about 20 per cent of porn production is being legally spread, which causes serious losses for the whole industry.
From the end of September, Virgin Media will offer its subscribers the opportunity to interact with BBC radio content through red button technology. Listeners will be able to access track information, news, music charts, and programme listings, along with sport and weather. Stations will also have links to the Corporation’s enhanced TV services.
UK commercial TV news provider ITN is to produce Setanta Sports News when it goes on air later this year. The channel, backed by Setanta Sports and Virgin Media, will be made available to the its three million digital TV subscribers. ITN was brought on board after sports production house TWI pulled out of the […]