Featured Stories

MURDOCH: NO INCREASE IN STREAM
News Corp chairman Rupert Murdoch said on July 29 he was not interested in increasing News Corp’s stake in Italian pay-TV operator Stream from its current 35 per cent and...
MATRA PROBLEM 'APPROACHING END'
Matra Marconi Space (MMS) still has not cleared its solar arrays for shipment, nor has it formally admitted they are defective (see Interspace 671-2). The French arm of the company...
FININVEST ACQUIRES KIRCH MEDIA SHARES
On July 30 Fininvest, together with US investment fund Lehman Brothers Merchant Bank Partners and Saudi financier Prince Al Waleed, finalised a deal which will give each of them a...
BOLLYWOOD COMES TO UK
Bollywood For You (B4U) is a new 24-hour digital premium channel launching on August 26 for Asian viewers on Astra 2A. The channel will charge Pounds 9.99 as a stand-alone...
MOST DENIES BEING 'NEAR BANKRUPT'
Russia’s Media Most broadcasting group has strongly refuted reports that it is in severe financial trouble. Media Most which owns, among other things, the NTV satellite channels and the Segodnya...
STUDIO UNIVERSAL GETS OK
Studio Universal, the pay-TV movie channel operated by Universal Studios Networks Germany, will most probably be able to launch, as planned, on 1 September. Following the directors of the 15...
SAUDI ARABIA PREPARES FOR PIONEER
The established Middle Eastern DTH broadcasters are soon to be joined by the long-awaited MMDS service for Saudi Arabia… The long-awaited launch of a Saudi Arabian multichannel MMDS system is...
IRIDIUM INVOKES GRACE
Troubled MSS operator Iridium has invoked a 30-day grace period for the payment of $90 million in interest due on July 15 on its $1.45 billion outstanding senior notes. The...
NEWS BYTES
Astrolink, the Lockheed Martin/ Telespazio/TRW-backed broadband satellite project, has closed a $900 million equity investment, initially announced in May. Astrolink secured the investment following regulatory approval for the project on...
STREAM'S RIVAL FOOTBALL OFFER
For the first time ever, Italian football fans face the prospect of having to subscribe to both digital platforms in order to follow the complete 1999-2000 season on pay-TV. On...