The SEC filing on Google’s bid for Motorola reveals a $2.5bn break clause if regulators deny the deal – that’s 20% of the value of the bid. The filing also revealed a termination fee of $375 million that Motorola will have to pay to Google if it accepts a better buy-out offer from a […]
Greek telco OTE is defying the country’s economic crisis and going ahead with plans for a new pay TV offer via satellite in September. The Conn-X satellite TV offering will be cheaper than the current package from rival Nova, currently available on Eutelsat’s Hot Bird satellite position at 13° East. The OTE Conn-X bouquet will […]
The adoption of connected TVs will be slower than other devices because of the longer replacement cycle of big screen TVs says researcher STL. It says that despite the optimism for the connected TV market, replacement cycles are a challenge. STL assumes an installed base of 60 million units in the UK and assumes that […]
Miramax is set to become the latest film studio to sell movies on Facebook, with a movie rental app on the social network. Users will also be able to watch the movies on an iPad through a browser-based player, with Miramax suggesting that a stand alone iPad app could come later. Miramax eXperience will open […]
The platform for online video selling Movielocker has revised its old service plans. Instead of three previous plans, Movielocker now introduces four plans, each having benefits for a certain range of users. Each plan allows users to place free or donation videos. In the Free plan the amount of paid video has been […]
Viacom and MTV Networks have selected Broadcast Integration Services (BIS) to assist in the design, installation, testing and commissioning of a new Technical Operations Center (TOC) within the company’s existing Network Operations facility located in Hauppauge, N.Y. The project includes infrastructure expansion for HDSDI routing, monitoring and control systems, playout capacity for up to […]
Google’s chairman Eric Schmidt will tell the audience at the Edinburgh TV Festival this week that “Google needs you” according to The Guardian. In the annual MacTaggart lecture Schmidt is expected to say Google wants to help the industry and draw a line under a history of fraught legal actions with studios and broadcasters over […]
The electronic media has emerged as one of the fastest-growing and most competitive sectors in Pakistan, according to the Chairman of the Pakistan Electronic Media Regulatory (PEMRA). Presenting the watchdog’s report for the year 2010-11 to President Asif Ali Zardari, Dr Abdul Jabbar advised that PEMRA, by the end of the 2010-11 financial year, had […]
Universal Pictures has confirmed that cult movie The Big Lebowski is available for rent on the Facebook social network. A 48-hour rental window can be set up for 30 Facebook credits or $3. The movie is only available to consumers in the United States. As an R-rated film, it can only be rented by Facebook […]
Russia’s important Express-AM4 satellite has seemingly been found. There’s also a full investigation into what went wrong with the launch. International Launch Services (ILS), which markets the Proton rocket-launch system to international customers, says that the Proton-M rocket “operated nominally” which is a coded phrase for everything going according to plan. It was the Briz-M […]