Featured Stories

LYSIS FINDS A BUYER

Swiss encryption specialists Nagra Kudelski has bought Lysis Int. for SF110 million (E62.8). Lysis provides content owners and broadcasters with software designed to create and operate value-added content including VOD...

NEWS BYTES...

Ericsson is suing LEO platform GlobalStar for $31 million in damages for failing to buy enough handsets. According to a Globalstar SEC filing, Ericsson claims Globalstar failed to honour two...

DISCOVERY GROWS IN LATIN AMERICA

Discovery Channel claims it has now topped 15 million subscribers in Latin America and the Iberian peninsular. In a separate development, GlobeCast has won a contract to distribute Trinity Broadcast...

THALES QUITS ALCATEL SPACE

Alcatel is set to buy Thales’ 48.8 per cent share in its Alcatel Space joint venture. Under the terms of the deal, which is subject to European Commission approval, it...

CANAL SATELLITE POSTS FIRST PROFITS

Vivendi Universal’s Canal Satellite has posted a net profit of FFr114.8 million (E17.5 million) on sales of FFr3.87 billion for the financial year 2000. It was the first time the...

SITCOM PLANS TO FLOAT IN 2002

Italian thematic channel producer Sitcom will not seek an IPO before 2002 in order to give priority to it’s search for new partners. Speaking at a recent press conference, Sitcom...