YouView, the UK VoD service, spent almost £20 million (€24.2m) in its first nine months of operation. The troubled joint venture backed by the BBC, ITV, TalkTalk, Channel 4, Channel 5 and BT, received £20.2 million from shareholders in the period from 8 July 2010 to 31 March 2011. The first Companies House filing for […]
Profitable since the fourth quarter of 2010, with the support from its investors, Wyplay management’s strategy to focus entirely on the telecom and media market and has proven to be both effective and highly successful. The performance of SFR’s “EVOLUTION” in the market, the delivery of a complete turnkey solution to Vodafone, the contract award […]
Analysts suggest that BSkyB hit something of subscription sales slump in the autumn period, perhaps only achieving net sales of just 26,000. Last year (that is 2010) it signed up 140,000 net new subs. Sky will unveil its numbers on January 31st, and it must be stressed has a long tradition of over-delivering on many […]
KIT digital, a cloud-based software solutions and technology services provider for multi-screen video delivery, has confirmed that it has acquired certain assets and liabilities of Sezmi Corporation, the provider of broadband-broadcast hybrid TV solutions based in Belmont, California. Sezmi pulled the plug on its consumer operation September 23. Sezmi’s subscription video service was available in […]
A founder of NinjaVideo.net, a website that provided millions of users with the ability to illegally download high-quality copies of copyright-protected movies and television programmes, has been sentenced to 22 months in prison. Hana Amal Beshara was sentenced by US District Judge Anthony J. Trenga in the Eastern District of Virginia. Judge Trenga ordered Beshara […]
Thoma Bravo, a private equity investment firm, has completed the acquisition of Telestream, a provider of video transcoding and digital media software solutions. Financial details were not disclosed. Telestream’s co-founder and CEO, Dan Castles, will continue to serve as CEO for the company. “This acquisition puts Telestream in a strong position to facilitate further growth […]
Thoma Bravo, a private equity investment firm, has completed the acquisition of Telestream, a provider of video transcoding and digital media software solutions. Financial details were not disclosed. Telestream’s co-founder and CEO, Dan Castles, will continue to serve as CEO for the company. “This acquisition puts Telestream in a strong position to facilitate further growth […]
RTL Group, the European entertainment network, has confirmed it will sell its 70 per cent majority shareholding in Alpha Media Group to the Greek entrepreneur Dimitris Contominas. The transaction is subject to approval by the Greek Competition Commission and is expected to close in the first quarter of 2012. As Contominas currently owns a minority […]
Shine Group has acquired London-based ChannelFlip, which has made Internet TV shows for stars including Harry Hill and David Mitchell, in Elisabeth Murdoch’s latest move to turn the production company into a multimedia production company. As well as creating a range of online shows for TV personalities ChannelFlip also recently struck a deal with Studio […]
Satellite launch provider Arianespace says it will break-even for its 2011 activity, and has a record 13 cargoes planned for 2012, helped by a new fleet of launch vehicles. This year will see seven launches by the heavy lifter Ariane 5, the workhorse of the fleet. Five will be launched by the medium-sized Soviet-Russian space […]