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Business

India media sector primed for investment

The Indian Media and Entertainment industry registered revenues of $16.3 billion in 2010 and is expected to be in excess of $25 billion in the next four years, according to an Ernst & Young’s report. The study shows that India’s growing digital media consumption and favourable demographics are key drivers for the media and entertainment […]

December 7, 2011

Sky Sports F1 poaches BBC presenters

Sky Sports has acquired almost the entire BBC Formula One presenting team, including Martin Brundle and David Croft, to front its coverage of the motor racing championship next season. Brundle, the BBC’s former F1 television commentator, and Croft, who anchored coverage of the sport on Radio 5 Live, will be part of a Sky Sports […]

December 7, 2011

TiVo turnaround: ‘Rated buy’

“TiVo has just crossed an inflection point,” says a positive “buy” note from investment bank UBS. The point, says the bank, occurred two weeks ago in its then latest numbers and in which TiVo reported the first net subscriber gain after many years of lost viewers. The growth was helped by subscriber take-up in the […]

December 6, 2011By Chris Forrester

Thai floods dent Q4 sales

Last week, hard drive manufacturer Western Digital said its Thailand production lines were beginning to return to normal. That’s the good news. The bad news is that the floods severely impacted October’s supply chain of many other classes of consumer electronics items. “As flood waters progressively travelled from the northern region southwards and inundated Central […]

December 6, 2011

Amino predicts profit

Amino Technologies has provided an update on trading for the year ended 30 November 2011. The Company expects to deliver a profit for the year that is marginally ahead of market expectations (FY2010: loss of £0.9m). This is the result of the operational improvements highlighted at the time of the interim results and continued traction […]

December 6, 2011

LOVEFiLM made to leave Flash for Silverlight

UK on-demand streaming player LOVEFiLM has confirmed it will stop showing movies in Flash and will instead deploy Microsoft’s Silverlight platform after coming under pressure from Hollywood to utilise a more secure platform. “We’ve been asked to make this change by the studios who provide us with the films in the first place, because they’re […]

December 2, 2011

Canal+, Bolloré conclude channels deal

French investment and industrial holding group Bolloré and Canal+ Group have confirmed that they have signed the definitive agreement regarding the acquisition of the Bolloré Group free-to-air channels by Canal+ Group. The agreement provides for the acquisition of the Direct 8 and Direct Star channels in two steps, as well as of the advertising sales […]

December 2, 2011

Bipartisan alternative to online piracy bills

A bipartisan group of US House and Senate lawmakers has released a draft proposal to address their concerns over controversial House and Senate bills that would crack down on piracy and counterfeit products on foreign websites. Their draft proposes an alternative to a Senate bill known as the Protect IP Act, authored by Senate Judiciary […]

December 2, 2011By Colin Mann

Wowza Media Systems hires Microsoft streaming media veteran Chris Knowlton to lead product management

Wowza Media Systems, the “Any Screen Done Right™” media server software company, has announced the appointment of Chris Knowlton as vice president of product management. Named “2011 Streaming Media All-Star” by Streaming Media Magazine, Knowlton is a recognized expert who recently served as senior technical product manager for the Microsoft® Media Platform. Knowlton will drive […]

December 2, 2011

Sky Italia quits DTT process

Sky Italia says the current Italian scheme to allocate new digital frequencies is flawed and biased in favour of the two major network incumbents, public broadcaster RAI and Silvio Berlusconi’s Mediaset. Sky Italia has now faced Italy’s new Prime Minister Mario Monti with having to make a decision whether to change the rules – and […]

December 1, 2011By Chris Forrester