UK based 3D Visual Enterprises has acquired 100 per cent of Meduza Systems LLC, the Irvine, CA based award-winning developer of the 3D cameras, the Meduza TITAN and the Meduza MK1, it was announced today by Chris Cary, CEO of the newly formed combined company, re-named Meduza Systems Ltd. In streamlining the company, the executive […]
As the Eurozone is officially pronounced as technically in recession again, new year-end numbers released by Cable Europe confirm that the upward trajectory set by Europe’s cable operators in recent years was maintained in 2011, with the industry reporting faster overall growth than in 2010. The figures point to the cable industry’s continued success in […]
Two days ago we were reporting that talks were progressing well on the sale of Malaysia-based Measat, and that Arabsat as well as Eutelsat (and others) were lining up to bid for the satellite assets. Measat handles around 400 TV and 160 radio channels as well as DTH platforms and beams its signals to more […]
As the BBC prepares a big push for its online coverage of this summer’s Olympic games, Ralph Rivera, the BBC’s director of future media, says this year could be pivotal for TV’s next evolution. “Our aspiration is that 2012 will do for digital and connected televisions what the coronation did for TV,” he told the […]
US satellite TV giant DirecTV is raising $3.97 billion in fresh debt. The terms on some of the debt extend out as far as 2042. DirecTV says it will use some of the proceeds to buy back its own stock, and for the usual catch-all: “general corporate purposes”.
Canal Plus CEO Bertrand Meheut is concerned that Internet giants such as Google and Apple and the country of Qatar, providing unlimited resources to TV group Al Jazeera, could upset the balance on which the audiovisual sector is able to develop. Meheut, writing in French newspaper Le Monde, said he fears that global companies will […]
The Australian Competition and Consumer Commission has commenced market consultation on the proposed undertaking offered by pay-TV platform Foxtel in respect of its proposed acquisition of Austar, dashing the hopes of those who expected the regulator to give its approval of the deal. “The proposed undertaking has been offered by Foxtel to address the harm […]
Discovery Networks has confirmed the acquisition of a 20 per cent equity stake in Televista, a French pay-TV company specialising in the female lifestyle market. Under this agreement, Discovery becomes a strategic partner to Televista and will contribute to the development of its female lifestyle channels business. Discovery Networks will provide strategic counsel and access […]
AMC/Sundance Channel Global has announced the promotion of Ed Palluth to executive vice president, global distribution. He was formerly senior vice president, global distribution for AMC/Sundance Channel Global. Palluth will continue to handle distribution for AMC Networks’ international properties including Sundance Channel and WE tv and will continue to report to Bruce Tuchman, President, AMC/Sundance […]
The UK government has been given the green light to implement the Digital Economy Act after the final legal challenge by BT and Talk Talk was thrown out at the Court of Appeal. The two ISPs lost their appeal against last year’s judicial review of the government’s anti-piracy legislation on all but one ground. The […]