Intelsat complete buy
Serafina Holdings, an entity formed by BC Partners, Silver Lake and other equity investors, has closed its acquisition of commercial satellite operator Intelsat. Through the transaction, the equity of Intelsat…
Sky Italia up to $4.43m in profit turnaround
Branislav Pekic from Rome Sky Italia has closed the second quarter with an operative profit of $62 million, an increase of $74 million in comparison to the loss of $12…
China clarifies tighter online video laws
China’s State Administration of Radio, Film and Television (SARFT) has clarified details of its new regulations for Online Audio and Video Services which appeared to ban any private company activity…
Google troubled by Microsoft move
Google has said it finds Microsoft’s $44.6 billion bid to buy rival Yahoo “troubling” and wants regulators to scrutinise the proposed deal. Google said the tie-up could unfairly limit the…
ITV shares rise on takeover report
Shares in UK commercial broadcaster ITV rose as much as 4.6 per cent in London trading after weekend media reports that private equity firms were consider a takeover bid. ITV…
BC finalises $16.5bn Intelsat deal
BC Partners is set to announce the completion of its $16.5 billion purchase of Intelsat, the world's biggest satellite operator. The UK-based private equity firm has agreed to make concessions…
Microsoft swoops for Yahoo
Microsoft has launched a $44.6 billion takeover bid for Yahoo in an attempt to challenge Google. Microsoft’s chief executive, Steve Ballmer, claimed that combining the two companies would create a…
ONO up for Q4
Spanish cable operator ONO improved margins and costs in the last part of 2007, with fourth-quarter core earnings up 7.3 per cent to E162 million. Operating cash flow turned positive…
CSA calls for HD DTT bids
France's broadcasting regulator, the Conseil supérieur de l’audiovisuel (CSA), has issued a call for bids to broadcast a High Definition pay-TV service on one of the country's digital terrestrial multiplexes.…
Sky, ITV decision
UK Business secretary John Hutton is expected to announce imminently whether he accepts the ruling of the Competition Commission that Rupert Murdoch’s pay-TV company must reduce its 17.9 per cent…
Microsoft up
Thanks largely to stronger-than-expected global PC sales, Microsoft reported $6.48 billion in profit for the holiday quarter on sales of $16.37 billion, beating analyst estimates. Chief Financial Officer Chris Liddell…
DBS contributes to AT&T’s Q4 video count
Satellite TV contributed to video customer gains for AT&T in the fourth quarter. The telco giant’s IPTV platform also gained a significant number of new subscribers during the three-month period.…
PT Multimedia’s acquires TVTEL
PT Multimedia has acquired a 20 per cent stake in Potugese cable TV company TVTEL and will acquire the remaining 80 per cent from investment bank Caixa BI, subject to…
32 candidates for 13 mobile TV frequencies
From Sotires Eleftheriou in Paris The French broadcasting regulator CSA received 32 candidates for the 13 mobile TV DVB-H frequencies by the closing time for applications. Many of the proposals…
MTV Adria for sale, CME interested
From Branislav Pekic in Rome US media group CME has emerged as the frontrunner for the acquisition of regional music channel MTV Adria, according to local media reports. CME already…
Disney promotes Gilby
Disney Channel UK managing director Rob Gilby has been promoted to head the broadcaster’s operations across Asia-Pacific. Gilby takes the new role of senior vice president and managing director for…