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Burch frozen out in June

Virgin Media chief executive Steve Burch was frozen out of the company’s sale process for two and a half months before his exit this week, according to a company filing…

Belgacom helped by TV

Belgacom reported profit that beat analyst estimates for the second quarter on higher sales of high-speed Internet access and raised its forecasts for mobile-phone and fixed-line revenue. Net income rose…

Alcatel Lucent loses top execs

The turbulent 10-months at Alcatel Lucent has claimed two senior victims. Mike Quigley, the Australian once tipped to be chief executive of the French group, and Frank D'Amelio, the former…

Macquarie after C&M

A consortium including Macquarie Bank's South Korean private equity arm and MBK Partners is set to acquire a 30 per cent stake in the country's second biggest cable TV group…

OFT to look at CRR

The Office of Fair Trading will make its decision on whether to review contracts rights renewal by the end of summer. With the start of the TV trading season –…

Bosco for MySpaceTV.

Tom Bosco will oversee sales of video advertising across MySpace. “Tom’s proven track record of driving revenue around online-video products gives MySpaceTV an incredible advantage in the marketplace going forward.…

Cavalier in SecureMedia deal

Digital media protection specialist SecureMedia has been acquired by US competitive communications provider Cavalier Telephone and TV. SecureMedia will remain an independent company, servicing current customers while pursuing new worldwide.…

Virgin Media appoints Oxby

Graeme Oxby has replaced Alan Gow as MD of Virgin Media. He will report to Neil Berkett, Virgin Media’s chief operating officer and will be responsible for driving Virgin Mobile’s…

Copyright warnings 'too heavy'

An association of computer and communication companies, including Google, Microsoft and Yahoo, accused several professional sports leagues, book publishers and other media companies of misleading and threatening consumers with overstated…

Virgin delays auction

As predicted Virgin Media is to delay its auction in the hope credit market turbulence will settle to allow private equity suitors to finance bids of up to $23 billion…

Widevine alleges patent breach

Widevine has filed a patent infringement lawsuit against Verimatrix for unspecified damages. The lawsuit comes following attempts by Widevine to openly license its intellectual property to Verimatrix. Widevine claims it…

Disney acquires social net

Disney has made its first acquisition in social networking buying Club Penguin, which operates an online virtual world for children, for a fee that could eventually rise to $700 million.The…

Viacom surprise rise

Viacom Inc posted a better-than-expected profit, boosted by the film division. The New York-based owner of MTV Networks, Paramount movie studios and Nickelodeon cable channels said its second quarter profit…

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