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. Pace is expected the move to then start showing savings of about $7 million each year, with about 50 per cent of that saving kicking […]
Walt Disney President and Chief Executive Robert Iger is joinning the Apple board. At the same time, Genentech Chairman Arthur Levinson, an Apple board member since 2005, will become the company’s non-executive chairman of the board, filling the role Jobs occupied briefly after his resignation as Apple’s chief executive in August. Apple has long ties […]
The BBC World News channel has been banned from buying certain programmes and accepting some sponsorship deals, after an investigation found serious breaches of the corporation’s editorial guidelines in shows about subjects including Malaysia and carbon trading. A full investigation was launched by the BBC Trust into programming on BBC World News after it found […]
Vivendi has sold off a small part of its 63 percent stake in ‘Call of Duty’ video games outfit Activision Blizzard. Last week Vivendi Universal spent $1.9 billion buying music publisher EMI. Vivendi gained $427 million from the sale of stock which sees its stake in the video games company falling to 60 per cent. […]
Sony, Toshiba and Hitachi have formed a joint-venture with the aim of merging their small screen LCD screen output. The deal embraces the companies’ smart phone and tablet-based screen production. The proposal was first outlined by the trio back in August. The outcome will be Japan Display, which hopes to be in business by Spring […]
The European Commission has made a clear call to Member States to put in place procedures to promote coexistence between new and existing services to achieve the Digital Agenda. But the latest text of the new Radio Spectrum Policy Programme (RSPP) falls short of capitalising upon efficient use of spectrum if new services interfere with […]
Kabel Deutschland has announced it generated revenue of €830.1 million in the first half of its fiscal year ending 31 March 2011, an increase of 5.6 per cent on the year-ago period. Net profit reached €44.9 million, compared to a loss of €8.6 million twelve months previously. Kabel Deutschland said it invested a total of […]
Portugal Telecom’s pay-TV service Meo has surpassed one million customers, three and a half years since launching. At the end of the 3Q 2011, Meo customers represented around 93 per cent of Portugal Telecom’s fixed broadband customers and 38 per cent of fixed lines. Net additions since the beginning of October 2011 surpassed 25,000 customers. […]
BT has hired Virgin Media’s Executive Director, Commercial, TV and Online Alex Green to help drive the telco’s next-generation TV offering. He will be focused on building on the success of BT Vision and developing the company’s involvement in the YouView IPTV service, which is scheduled for launch in 2012. At Virgin Media, Green was […]
Broadband provider TalkTalk is to launch an in-house trial of YouView in early 2012. The broadband provider said it will launch a “friends and family” trial of the service in the first quarter next year, although the proposed launch date will likely be in January. TalkTalk will give around 3,000 of its YouView STBs, made […]