Archive for: April, 2011

Russian president seeks Internet copyright regulation

Russia should introduce an initiative to regulate copyright on the Internet, according to Russian President Dmitry Medvedev. At a meeting with the country’s Internet community he stressed the need to optimise the work of the online services and mass-media, saying that protection of the intellectual property, copyright and prevention of cyber crimes were among the most acute problems the web [...]

Espial considers strategic alternatives

On-demand TV solutions specialist Espial Group has revealed that its Board of Directors has initiated a process to review a range of potential strategic alternatives available to Espial for enhancing shareholder value. A Special Committee has been established to lead this process and has retained Morgan Keegan as its financial advisor to provide independent advice. The Company believes that the [...]

India to license 31 new DTH channels

India’s information and broadcasting Minister says that 31 new satellite channels are awaiting government approval to start broadcasting. 653 TV channels are already licensed, said the Minister, Mrs Ambica Soni. Perhaps even more of a revolution is the number of new radio stations that are awaiting licences. The Minister said that more than 800 new FM radio stations will be [...]

Lithuania DTH grows 25%

SES Astra says that the number of digital homes in the Baltic state of Lithuania grew 25 per cent last year. Anna-Karin Modigh, a senior marketing manager at SES Astra, says 30 per cent or 400,000 of the 1.34 million Lithuanian TV households are now digital. From these TV households, 31 per cent use digital satellite television. During 2010, the [...]

US PSA to combat IP theft

The US Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations has launched a new public service announcement (PSA) that aims to raise awareness of the economic impact of IP theft. In June 2010, the National Intellectual Property Rights Coordination Center (IPR Center) began ‘Operation In Our Sites’, a sustained initiative targeting websites used to sell counterfeit goods and illegally distribute [...]

‘Cord Cutting is a warning that cable should heed’

US Cable operators saw over two million video customers evaporate from their rolls in 2010, whereas Telco TV and Satellite actually gained customers over the same period—more than compensating for Cable’s losses and netting a modest 273,000 new subscribers for Pay TV overall. A new report by Strategy Analytics suggests that the US Cable industry may not be taking the [...]

Sony says PSN up next week

Sony says its PlayStation Network service will be up and running again within a week after its recent security breach. Users will be asked to register new passwords when the service relaunches with an updated security system, following the cyber attack ten days ago. Sony also claimed there’s still no proof that any of its 77m registered users’ credit card [...]

Time Warner chief defends record

bewkes

Jeff Bewkes CEO of Time Warner used an interview at the Tribeca Film Festival to defend the company’s recent record and say that it was unfairly undervalued compared to its peers. “I’m going to let you in on a secret, we’re going to do better than everybody thinks we’re going to do, including any financial analysts that happen to be [...]

Panasonic to cut 40,000 jobs

Japanese electronics giant Panasonic is to trim 30,000-40,000 jobs over the next two years. Most of the jobs will go from its overseas – that is non-Japanese – payrolls. Japanese news media say they are the most serious job cuts to face any of the Japanese consumer majors, and represents about 10 percent of its workforce. The aim is to [...]

Discovery strong Q1

Discovery Communications posted first quarter revenues of $951 million increased $82 million, or 9 per cent, over the first quarter a year ago, led by 8 per cent growth at U.S. Networks and 14 per cent growth at International Networks. Adjusted Operating Income grew 17 per cent to $427 million, driven by a 14 per cent increase at U.S. Networks [...]

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