Ofcom has confirmed that it will not open an investigation into YouView (formerly known as ‘Project Canvas’) under the Competition Act following complaints made by Virgin Media and IPVision. Chief Executive, Ed Richards, said: “Ofcom’s view is that consumers’ interests will not be served by opening an investigation. It would be premature at the current […]
Erik Huggers, BBC director of future media and technology, says ISPs shouldn’t traffic manage but if they do it must be transparent. He summarised key points made by the BBC in its submission to the European Commission review on net neutrality (being conducted in conjunction with Ofcom) which says the EC’s three targets should be […]
Senior officials responsible for the post-2012 utilisation of the Press and Broadcast Centres at the Queen Elizabeth Olympic Park in London have confirmed their strong commitment to ensuring that the locations form part of a new centre for creative industries. Andrew Altman, Chief Executive of the Olympic Park Legacy Company (OPLC) said the body “was […]
The BBC has grabbed the chance to lock in the licence fee as part of horse trading in the UK government’s round of cuts. But it has paid a heavy price. The fee will be locked in at today’s rate of £145.50 (E167) for six years; a real terms cut of over 15%. It has […]
The UK’s broadband network infrastructure is approaching a “capacity crunch”, according to researchers at the University of Southampton. Research by David Richardson published in the journal Science has underlined that without radical investment, the current infrastructure (including fibre) will be overwhelmed. “The thought that the current fibre technology has infinite capacity is not true – […]
PeerTV, Ihe Internet TV service provider, has announced its intention to make an IPO on AIM. The Company is seeking to raise up to £6 million (E6.9m) gross in new equity capital to enable it to capitalise on the opportunities in the Internet TV market. PeerTV’s proprietary solutions enable TV service providers to deliver specific, […]
This Friday, October 22nd, BSkyB will unveil its Q1 results and a few hours later hold its AGM for the trading year that ended June 30th. It is also likely that James Murdoch, currently chairman of the broadcaster will comment on News Corp’s wish to take full ownership of BSkyB; News Corp currently holds 39.1 […]
Video search platform Blinkx is mounting a share issue equivalent to 7.5 per cent of the company in order to try and raise at least £19.5 million (E27.4m). Blinkx says: “The Placing is being conducted to further strengthen blinkx’s balance sheet and to provide additional funding to support blinkx’s growth strategy.” Blinkx shares rallied recently […]
General Electric reported that NBC Universal’s profits fell 15 per cent in the third quarter to $625 million. Revenues for NBCU were $4.1 billion, on a year ago. GE is in the process of selling a controlling interest in NBCU to Comcast. On cable GE noted that strong original programming propelled USA Network to be […]
The newly enlarged Motive Television has commenced trading on AIM after its reverse takeover of AdecqDigital and a £4.75 million (E5.45m) fundraising. With the acquisition, the company is targeting an emerging technology market with a new product range. Motive aims to benefit from changing trends with a move from linear traditional real-time viewing to ‘non-linear’ […]