BSkyB’s third quarter results show strong demand in what the satellite broadcaster called “a challenging consumer environment”. The company reported total product growth of 801,000 in the quarter, with over 10.1 million customers with 51,000 net additions in the quarter. Total HD customers were 47 per cent higher than the prior year at 3.7 million, […]
Leading European telecoms companies want to levy significant charges on Google and other online content providers through an overhaul of the regime governing how data travel over the Internet, reports the Financial Times. The telcos complain that they are contending with an explosion of data on their networks, much of which comes from US sites […]
The National Association of Broadcasters has filed with the FCC a study by former FCC official Uzoma Onyeije questioning the existence of a spectrum crisis. The paper – Solving the Capacity Crunch: Options for Enhancing Data Capacity on Wireless Networks – suggests alternative solutions to auctioning broadcasting spectrum to help alleviate mobile broadband congestion. In […]
The UK media market saw a healthy start to the year as Mergers and Acquisitions activity surged in the first quarter, according to leading financial and business advisors Grant Thornton UK LLP. The firm’s M&A tracker reveals that the number of announced deals across the media sector in Q1 doubled compared to the same time […]
Digitalsmiths has announced that the company has closed an oversubscribed $12.5 million expansion financing. The infusion of capital accelerates US domestic and international sales of Digitalsmiths’ video search and discovery products designed to provide an upgrade to the video industry’s rudimentary content search, discovery and recommendation capabilities. Technicolor led the round; all existing investors including […]
Five or more bids to buy all or part of the MySpace social networking pioneer are expected, valuing the company at more than $100 million says the Wall Street Journal (a News Corp company). Among the names expected to bid are private equity firm THL Partners, Redscout Ventures and Criterion Capital, which owns social networking […]
Netflix added more than three million subs to its DVD delivery and film streaming service and promised more exclusive content deals as it reported a doubling of first-quarter profits. The additions mean the company has drawn level with Comcast, the largest cable television operator, with 23.6 million subscribers to its video service. And it is […]
Video-sharing portal Dailymotion has appointed Daniel Adams to the newly created role of head of international content in a bid to accelerate its content offering. Adams will be responsible for managing and driving growth and relations with content partners in the UK and other markets outside of France and the US. Adams was previously MD […]
Encryption and TV technology company NDS has refinanced $800 million of debt. NDS is owned 51 per cent by Permira and 49 per cent by News Corp. Permira bought into NDS back in 2008 in a complex deal that saw Permira pay News Corp (which at the time owned 72 per cent of NDS) $1.5 […]
EchoStar and sister company Dish Network on April 20 lost the latest round of its long-running litigation with DVR-technology company TiVo. The US Court of Appeals said that EchoStar continued to infringe TiVo’s patents, and found the company in contempt. TiVo’s stock price rocketed by more than 32 per cent, and most analysts agree that […]