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Pace profits

UK STB maker Pace Micro posted strong profits for the second half of 2007, and said it was confident of meeting full-year 2008 expectations. The company, currently in the process…

NDS strong Q2

CA and DRM specialist NDS has released its operating results for the quarter ended December 2007. Total revenue for the three-month period was $214.9 million, an increase of 30 per…

Verizon one million

Verizon has announced it has now over one million subscribers to its fibre FiOS IPTV service. In Q4 2007, the service gained 226,000 customers, for a year-end total of 943,000.…

BSkyB ordered to reduce ITV stake

From Colin Mann in London UK Business and Enterprise Secretary John Hutton has ordered BSkyB to reduce its 17.9 per cent holding in ITV to a level below 7.5 per…

Carlyle buys stake in Numericable

US investment fund Carlyle is set to acquire a 35 per cent stake in French cable operator Numericable, formerly known as Noos, and which has almost total dominance in the…

Bertelsmann: no to remainder of RTL

German media group Bertelsmann said it decided not to buy the remaining 10 per cent of European broadcaster RTL Group it does not already own because of legal uncertainties. But…

BSkyB forced to reduce ITV stake?

From Colin Mann in London The UK's anti-trust watchdog, the Competition Commission has recommended that BSkyB should be forced to sell some of the 17.9 per cent stake in ITV…

Prisa bids for Sogecable

From David Del Valle in Madrid The Spanish media group Prisa, owner of newspaper El Pais, has launched a bid for the rest of Sogecable, Spain’s largest pay-TV group, that…

Ericsson acquires HyC

Ericsson has acquired HyC Group, a leading Spanish company in TV consultancy and systems integration. The acquisition further strengthens Ericsson’s position in the services and multimedia domains as a systems…

Channel 4 fined by Ofcom

Channel Four has been fined £1.5 million by media watchdog Ofcom for misconduct involving phone-in competitions on popular programmes Richard and Judy and Deal or No Deal. Viewers were urged…

Pace acquires Philips STB unit

Philips Electronics has reached an agreement in principle to sell its Set-Top Boxes (STB) and Connectivity Solutions (CS) businesses to UK-based technology provider Pace Micro Technology. Philips will sell the…

BBC to lose funding in digital future?

Funding received by the BBC via the licence fee could soon be diminished following possible reforms ordered by media regulator Ofcom. One option under review could lead to the licence…

Discovery, Advance merge for new public co.

Discovery Holding Company and Advance/Newhouse Programming Partnership announced that they have signed a non-binding letter of intent pursuant to which DHC and Advance/Newhouse will combine their stakes in Discovery Communications.…

Omneon acquires Castify Networks

Omneon, provider of media server and active storage systems for the broadcast and digital content storage markets, has acquired Castify Networks, a provider of software-based solutions for managing the distribution…

Competition rule on Sky soon

The UK Competition Commission is expected to file its report on Sky with the government shortly and reports say it will recommend Sky's stake in ITV is cut to below…

Murdoch-go-round at Sky

Rupert Murdoch has effectively confirmed son James Murdoch is his choice to take over News Corp. For now, James moves up at Sky to become non-exec chairman, while becoming CEO…