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Increased demand eases Intelsat losses

April 1, 2007 16.36 Europe/London By Julian Clover

Intelsat says that it is targeting a renewed global demand for satellite services. The company reported revenue of $543.2 million and a net loss of $63.4 million for the quarter […]

Filed Under: Finance, Newsline, Satellite Edited: 1 April 2007 16:36

Universal invests in Trace TV

April 1, 2007 16.21 Europe/London By Julian Clover

Universal Music Group (UMG) is to take a stake in the French urban music channel Trace TV. UMG will become a global strategic investor in the company, and receive a […]

Filed Under: Finance, TV Edited: 1 April 2007 16:37

Unity Media balks at EWT purchase

March 29, 2007 17.32 Europe/London By Julian Clover

Unity Media and EWT have agreed to terminate Unity’s option to purchase part of EWT’s business in Hesse and North Rhine-Westphalia. The option was granted in November to Unity’s subsidiaries […]

Filed Under: Cable, Finance, Newsline Edited: 29 March 2007 21:27

Le Figaro joins regional licence bid

March 29, 2007 07.52 Europe/London By Julian Clover

The French daily Le Figaro has lent its support to NextRadioTV, one of a number of smaller French broadcasters, which are bidding for a DTT licence in the Ile-de-France region. […]

Filed Under: Finance, Newsline, Regulation, Terrestrial Edited: 29 March 2007 07:52

Successful year for Poland’s ITI

March 29, 2007 06.28 Europe/London By Chris Dziadul

Poland’s ITI Group has posted better than expected results for 2006. Its consolidated revenues in the year amounted to €355.6 million, as opposed to €264.6 million in 2005, while the […]

Filed Under: Central & East Europe, Finance, Newsline Edited: 29 March 2007 07:24

Gentiloni says DTT frequencies will be released

March 27, 2007 11.26 Europe/London By Julian Clover

Italy’s minister of communications Paolo Gentiloni has said the digital switchover process will include the advertising of released spectrum to new operators. The minister was speaking in response to a […]

Filed Under: Newsline, Regulation, Terrestrial Edited: 27 March 2007 11:26

Walloon cable consolidates

March 26, 2007 16.01 Europe/London By Donald Koeleman

VOO, a consortium of Brutélé and ALE, is to acquire the other eight cable operators in the French-speaking half of Belgium in a deal worth at least €475 million. The […]

Filed Under: Cable, Finance, Newsline, Regulation Edited: 27 March 2007 06:38

Music Choice acquires Xtra Music

March 26, 2007 09.48 Europe/London By Julian Clover

The battle between Europe’s two leading digital music providers is at an end after Music Choice Ltd announced that it was acquiring Xtra Music Limited from Maxide Music and LGI […]

Filed Under: Finance, Newsline Edited: 26 March 2007 09:48

BT requested Sky access after Ofcom complaint

March 26, 2007 09.24 Europe/London By Julian Clover

BT has been accused of jumping the gun after it emerged that its complaint to Ofcom over access to Sky content for its fledgling IPTV service came before it had […]

Filed Under: Newsline, Regulation Edited: 26 March 2007 09:24

ATM looks for more funding

March 26, 2007 02.40 Europe/London By Chris Dziadul

Poland’s leading independent production company ATM Grupa has announced plans for a second IPO. Likely to place at the end of June or early July, it could raise up to […]

Filed Under: Central & East Europe, Finance, Newsline, TV Edited: 26 March 2007 02:41

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