Finance
Shares climb on Sky delisting rumour
BSkyB briefly reached a 52-week high on the London Stock Exchange this morning (Friday) after rumours swept the market that News Corp was about to take the company into private ownership. Read the story »
SeaChange grows software revenues
SeaChange International took its recurring software revenue above 60% in the fourth quarter. Total revenues of $34.9 million (€25.43m) in the segment were 9% higher than in last year’s quarter on the back of increased software subscription revenues from Comcast and Cox and the acquisition of the Dutch business eventIS. Read the story »
News Corp exits CEE
News Corp has finally left the Central and East European region by selling its stakes in the Latvian TV stations LNT and TV5. Read the story »
KDG ready for €880m IPO
Providence Equity Partners is planning to raise €880 million from the IPO of Kabel Deutschland. Read the story »
RTL Group “satisfied” with results
The RTL Group has said its revenue in 2009 was down 6.3% to €5,410 million as most TV advertising markets across Europe declined by double-digit rates. However, RTL Group’s investments in content production and diversification businesses helped to better balance its financial position. Read the story »
Kabel BW to launch VOD in Q3 2010
Preliminary figures announced by the German cable operator Kabel BW at a press conference show that its turnover rose by 13% from €438 million to €493 million in 2009. EBITDA meanwhile rose by 29% from €190 million to reach €245 million. Read the story »
Eutelsat appoints Lisa Sanders Finas
Eutelsat Communications has appointed Lisa Sanders Finas as the Group’s director of investor relations, responsible for communication with the investment community, including financial analysts, institutional investors and retail shareholders. Read the story »
ONO secures €200 million additional funding
The board of directors of Spanish cable operator ONO has approved providing funds worth €200 million from shareholders through a shareholder loan as part of a refinancing plan for the company. Read the story »
PrimaCom looking for fresh investors
German cable operator PrimaCom is looking for fresh money as its owner, Luxembourg based investment firm Escaline, is in heavy debt. According to German press reports, both Versatel and Unitymedia have shown an interest in acquiring the cabler. Read the story »
Kabel Deutschland IPO on March 22
Germany’s biggest cabler Kabel Deutschland KDG plans to raise about €700 million in an initial public offering scheduled on March 22, according to a prospectus that has just been published. Read the story »
