Flemish public broadcaster VRT has selected Telenor subsidiary Norkring to operate the region’s transmitter network. Norkring will pay €9.8 million for a 49% share in the new company, limited under […]
Virgin Media makes £300m debt payment
Virgin Media is to repay £300 million (€335.31m) in debt following the recent amendment in its senior credit facilities. The payment will go through around December 23, 2008 and will […]
Digital+ sale draws to a close
It’s the story that has run for most of 2008, and as the business year draws to a close, Vivendi and Telefonica look set to pick up the Spanish DTH […]
SES Americom to close down IP Prime
The slow adoption of IPTV by small and medium size telecom operators in the US has prompted SES Americom to close down its IP Prime service in North America on […]
Tecteo about to close BeTV acquisition
The Belgian cable operator Tecteo is close to completing the acquisition of the BeTV premium channel business. The operator will pay €20 million for the 33% held by investment company […]
Sales fall in less than Ideal World
Shares in Ideal World lost two thirds of their value today after the teleshopping channel revealed sales in the six weeks to December 7 were 17% lower than in the […]
VMMa in talks over Kanaal Z participation
The Dutch language Belgian commercial broadcaster VMMa is in talks to take a major interest in the business news channel Kanaal Z/Canal Z, a spokesperson for the company confirmed.
Cablecom cuts 150 jobs as Fischer steps down
Cablecom has announced what the Swiss operator is describing as a “streamlining” of its organisational structure. Managing director Rudolf Fischer is to resign, while 150 redundancies are under consideration. Fischer, […]
Disney takes Jetix control
The Walt Disney Company has secured the majority of the outstanding shares in Jetix Europe at a cost of €11 per share. It takes Disney’s ownership in the pan-European kids […]
Vivendi and Telefonica in Digital+ frame
A joint bid from Spanish communications firm Telefonica and entertainment company Vivendi seems the most likely resolution to the ongoing sale of the Digital+ DTH platform.