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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.…

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…

Neotion gets E6m boost

MPEG-4 technology specialist Neotion has received a capital injection of E6 million. The prime investor is General Satellite Corporation (GSC), a fast-growing digital television receiver manufacturer. GSC has a strong…

ProSiebenSat.1 Q3

German broadcaster ProSiebenSat.1 said adjusted core earnings more than doubled in the third quarter mainly thanks to the acquisition of SBS broadcasting. Earnings before interest, tax, depreciation and amortisation rose…

Avail receives injection of capital, Espial deal

Avail Media, provider of IPTV and advanced media services to broadband operators, has closed the final tranche of a $25 million Series B equity round. First time investor Valhalla Partners…

TiVo narrows loss

Digital video recorder maker TiVo has reported a narrower quarterly loss as its revenue and subscriptions increased, and it issued a forecast that was more optimistic than estimates. The net…

Spotzer E10m

Spotzer Media Group, provider of multi-media video advertising campaigns, announced the closing of a E10 million financing led by Sierra Ventures of Menlo Park, California. European Directories, operator of leading…

Setanta raises football finances

Setanta Sports has raised an extra E130 million to finance its assault on BSkyB’s dominance of football coverage. The funding has come from a share issue to existing backers –…

Ericsson goes on falling

Ericsson, the Swedish telco supplier, lost another 11 per cent market value on Tuesday after it told an investors fourth-quarter earnings would come in at the lower end of expectations.…

Spain’s ONO E186m loss

From David Del Valle in Madrid Spain’s largest cable company ONO has declared a loss of E186 million in the first nine months of the year as a result of…