Long-delayed efforts by Mexican fixed line incumbent Telefonos de Mexico (Telmex) to enter the pay-TV sector appear to have moved one step forward after the telco announced that a federal court had ruled that the Secretario de Comunicaciones y Transportes (SCT) must make a decision on its request to offer such services. Telmex has previously […]
An interim statement from ITV reveals revenues up 11 per cent in Q1 to £500 million (€569m) driven by the strong advertising market with its take up 12 per cent, ahead of the market growth of 10 per cent. Viewing figures were also up, 3 per cent on ITV 1 and 11 per cent across […]
Intellect, the trade association for the UK’s technology sector, has called for a reduced role for government on Digital Terrestrial Television issues once digital switchover is complete, marking the end of the ‘digital tick’ symbol. In its report – The future of digital terrestrial broadcasting – Intellect warns that excessive regulation of DTT could stifle […]
We are in the middle of the 3Q reporting season for the satellite industry. May 10 saw both Intelsat (see separate story) and Eutelsat unveil their numbers. Tomorrow, May 12, will see SES declare their figures, but Intelsat and SES will have to pull some magical rabbits out of the bag to exceed Eutelsat’s staggeringly […]
Global satellite operator Intelsat saw revenues grew three per cent in its Q1 trading period (to March 31st) with revenues rising to $640.2 million. However, a special debt-related charge made during the period of $168.2 million helped contribute to an overall loss of $215.6 million. “Intelsat delivered solid three percent revenue growth in the first […]
The Japan earthquakes forced the temporary closure of Disney’s Tokyo theme park and its retail stores in the country while the “very disappointing” release of ‘Mars Needs Moms’ provided a $90 million blow to the group’s Q2 operating profit. Disney missed analyst estimates, with operating income $170 million below the comparable period last time. Net […]
Google is facing a wide-ranging investigation into its online advertising system by the US justice department, which could cost the Internet giant at least $500 million. The justice department has launched an investigation into whether Google’s lucrative advertising system unfairly treats some unnamed advertisers. Google is facing a similar probe by the European commission, as […]
CASBAA has appointed Jill Grinda as Vice President, Operations based in Hong Kong. Reporting to CEO Simon Twiston Davies, Grinda is responsible for the day-to-day operations of the Association, including oversight of finance and human resources as well as supervising the events and communications teams. Prior to joining CASBAA, Grinda was Worldwide Distribution Director for […]
Pace, whose share price took a hit when, despite respectable numbers, it missed forecast because, it said, of a delayed US order, has now issued a downbeat interim statement. It says that while volume shipments and revenues have continued to meet Pace’s expectations (Q1 2011 revenues up 24 per cent on Q1 2010), profitability has […]
Microsoft has confirmed a deal to buy internet phone service Skype for $8.5 billion, making it Microsoft’s largest acquisition. Skype, based in Luxembourg, has 663 million users. Skype dropped a planned IPO last summer after it was sold to investors by eBay which had sold 70 per cent for $2 billion. eBay had paid $2.6 […]