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Netflix looks to raise $400m

Netflix looks to raise $400m

Netflix has launched a $400 million capital raising after a disastrous quarter in which its shares have fallen more than 70 per cent. Netflix has sold $200 million of convertible…

Murdoch sells “A Class” shares

Murdoch sells “A Class” shares

Rupert Murdoch has sold almost all his News Corp ‘A Class’ shares, reducing his common shareholdings from around 4 million non-voting shares to just 381,000. Selling 3.6 million shares generated…

Liberty Media to increase stake in SiriusXM?

Liberty Media is considering increasing its ownership share of SiriusXM Satellite Radio, according to the New York Post. In March of 2009, Liberty Media bought a 40 per cent share…

Pace to take $12m hit

UK-based set-top technology company Pace is to take a $12 million “exceptional charge” to fund the reorganisation of Pace Europe. Fuller details of the restructuring have yet to be finalised.…

Virgin Media buys in $300m of shares

Virgin Media has spent $300 million on buying in and cancelling its own NYSE-issued stock.  On November 11th the $300 million was issued to Goldman Sachs as part of Virgin’s…

Telefonica invests in Quantenna

Telefonica has signed a strategic partnership with Quantenna Communications, a specialist in ultra-reliable Wi-Fi networking for whole home entertainment. The partnership sees Telefonica making a strategic equity investment in Quantenna…

Spain’s telco and TV must pay more RTVE tax

Spanish telcos, pay-TV operators and TV broadcasters will have to pay more to cover RTVE’s losses. The Telecommunications Market Commission (CMT) has ruled that the funds already provided do not…

VoD service SeeSaw closes

UK VoD service SeeSaw appears to have closed for good, following an initial planned closure in June. The company’s website simply says: “Thanks for your support but SeeSaw is no…

Digital Agenda: Commission proposes €9bn investment

Digital Agenda: Commission proposes €9bn investment

The European Commission has proposed to spend almost €9.2 billion from 2014 to 2020 on pan-European projects to give EU citizens and businesses access to high-speed broadband networks and the…

Cable Europe: Beware public money for broadband

Cable Europe, the association for Europe’s MSOs was swift to react to Commissioner Neelie Kroes’ recommendation to the European Parliament that €9 billion be spent on broadband infrastructure between 2014…