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Joost seeks buyer?

Reports in the US say online video platform Joost is actively seeking a buyer and has told cable and satellite providers that it could be their online video solution. Time…

News Corp raises Premiere stake

German pay-TV group Premiere has completed a E450 million capital increase, which saw Rupert Murdoch’s News Corp raise its stake from 25 per cent to 30.5 per cent. The company…

Li gives up on PCCW

Richard Li has thrown in the towel on a proposed $2bn buyout of PCCW, his Hong Kong telecommunications company after a protracted legal battle, saying the saga has been "unnecessarily…

SES sees core profits rise

SES has reported a 12.2 per cent rise in its first-quarter core profit, maintained its full-year forecast and said it signed a E2 billion credit facility. SES, the world’s second-largest…

Grade to step down as ITV chief

ITV is to begin the search for a new chief executive, with Michael Grade relinquishing this responsibility and staying on at the company solely as chairman a year earlier than…

Grass Valley eyes mobile and future ownership

From Colin Mann in Las Vegas Despite its impending separation from parent company Thomson, Grass Valley is upholding its intentions to be active across a range of platforms by revealing…

Move takes over Inuk

Inuk, the IPTV service for students, has been bought by Move Networks for an undisclosed fee. Move Networks says the combination of Inuk's IPTV platform and its virtual set-top box…

Dunbar joins SeaChange

SeaChange International, provider of software and hardware solutions for video-on-demand television, has confirmed the appointment of Ed Dunbar as president and chief operating officer of SeaChange. Dunbar brings 30 years…

German watchdog to probe Premiere

German financial watchdog Bafin has launched a probe into possible insider trading and market manipulation involving shares in German pay-TV broadcaster Premiere. The investigation focuses on trades that may be…

TMT growth funding in danger of drying up

The number of TMT (Technology, Media & Telecoms) businesses who feel they have access to funding for their business to operate effectively has more than halved year-on-year, according to new…

Virgin Media TV appoints Webb

Virgin Media has confirmed that, following the departure of former CEO Malcolm Wall, Jonathan Webb has been appointed to the new position of Executive Director, Virgin Media Television. Webb will…

KIT acquires Narrowstep assets

KIT digital, a global provider of IP-based video enablement technologies, has acquired the assets and assumed certain current liabilities of London-based Narrowstep , an Internet TV platform company supporting content…

EC to probe public broadcaster expansion

Moves by European public sector broadcasters to expand their activities into new areas, such as mobile TV and video on demand, could be subject to more prior scrutiny under revisions…

Anevia secures $7m in capital investment

Anevia, supplier of IPTV and VOD solutions, has secured $7 million in a second round of financing led by Seventure Partners alongside CDC Innovation, a shareholder from the first round…

Virgin Media appoints Wheeler for music role

Virgin Media has appointed its first head of music in a bid to develop its music strategy including new services across mobile, TV and online. Richard Wheeler is joining the…

Virgin buys into gaming company

Virgin Media has bought a 9.9 percent stake in AIM-listed interactive gaming company NetPlay TV as part of a deal that gives NetPlay the rights to produce VMED's Challenge Jackpot…