A write-off to the tune of €80 million has pushed the results of German based broadcasting giant ProSiebenSat.1 into the red. The broadcaster acquired SBS Broadcasting in 2007 for €3.3 […]
Record revenue puts Pace in Top 3
The acquisition of the former Royal Philips Electronics and an overall increase in receiver shipments has transformed Pace into the top three players in the global set-top box market.
Liberty Global announces stock repurchase programme
Liberty Global, the parent company of UPC and Chellomedia, today announced the authorisation of a new stock repurchase programme.
Darroch says Sky relevance will face down recession
Sky CEO Jeremy Darroch has told a Deutsche Bank Media Conference that the UK trading environment is going to get worse before it gets better.
ANT halves losses, enters France Telecom
Cambridge-based IPTV software developer ANT has halved its losses, on revenues of £3.7million (€4.2 million), some 29% higher than 2007. The company reported a £1 million loss, though a £600,000 […]
Telecom Italia stays in the red
Telecom Italia Media (TIM), the media subsidiary of Telecom Italia, has reported its 2008 net loss at €93.9 million, compared with a €88.1 million loss a year earlier.
Canal+ holds steady
Canal+ ended 2008 in much the same way that it began the year, along the way converting 350,000 analogue subscribers to its digital offer, and transferring close to one million […]
Multimedia digital base grows
The Polish cable operator Multimedia Polska ended 2008 with 70,700 digital TV subscribers, or 27.6% more than three months earlier.
Premiere capital increase approved
Shareholders in Premiere have approved a capital increase of €412 million, despite initial objections from some of the satcaster’s smaller investors. In the end the measure was approved by 99.6% […]
CTC Media feels the pinch
Russia’s CTC Media has posted operating revenues of $187,348,000 (€146,231,960) for Q4 2008, or 15.9% more than in the corresponding period in 2007.