BBC World, the commercial arm of the BBC, has confirmed it is in talks with private equity groups to raise funds for possible acquisitions. The Times suggested it wanted to raise up to £1 billion (E1.38bn). The BBC has a £350 million commercial borrowing limit set by government. In recent years it has borrowed some […]
SIDSA has launched “EnterTV” a DVB-H one-stop-shop for manufacturers of Portable and Mobile TV devices. The company says it integrates its own IC with the best-in-class third party solutions to provide Portable and Mobile TV device manufacturers with fast time to market. Enter TV modules and reference designs include silicon tuners from Microtune and NXP […]
The French soccer association has announced the award of live football rights from Ligue 1 to Canal+ and Orange for four years starting this summer. The broadcasters will pay a total of E668 million per season between 2008 and 2012, up slightly on the current E653 million. Canal+ has won the rights to all Sunday […]
BT saw profits before tax and after exceptional items fall 30 per cent to £447 million (E620m) in the last quarter of 2007. But the group reported strong growth in its broadband and global services divisions, where profitability grew. BT’s retail unit achieved a 35 per cent share of all new broadband connections during the […]
Cisco matched second-quarter targets making $2.1 billion up from the year-ago $1.9 billion. Revenue rose 17 per cent from a year ago to $9.8 billion. Excluding certain costs, earnings rose to 38 cents a share from 33 cents a year ago. Analysts were looking for the company to make 38 cents a share on revenue […]
Time Warner has folwed up its results with news it is separating AOL's dial-up internet access service from its faster-growing online advertising business. The move could presage a sale or further realignment of both businesses. Jeff Bewkes, Time Warner's chief executive, called the split “one of our top priorities”, adding: “This should significantly increase AOL's […]
Teleste has acquired the Finnish software and video service solution provider Ortikon Interactive Ltd. Founded in 2000 Ortikon develops complete integrated software solutions designed for video business. The company supplies the related comprehensive systems mainly for European cable operators. As demand for the new video services increases in Europe the market share of digital headend […]
Current TV, the peer-to-peer news and information network, announced that it has reached a distribution agreement with SKY Italia. The deal, which calls for an Italian version of Current TV will add an additional 4.24 million households to the network's global reach, making Current TV available in 56 million households worldwide. “By being the world’s […]
Nearly 80 million Americans (43 per cent of the online population) have watched one of their favourite TV shows on the Internet according to a Digital Life America tracking study conducted by Solutions Research Group, up significantly from 12 months ago when that figure was just 25 per cent. A full 20 per cent of […]
Despite a record for customer growth in the quarter to the end of December, BSkyB reported a loss of £36 million (E48m) against a profit of £356 million for the same period a year ago. Much of the decline is attributable to the £343 million write down of the value of Sky's controversial holding in […]