Featured Stories

CANAL PLUS POLSKA SECURES TVP

Polish national broadcaster Telewizja Polska (TVP) has, as expected, agreed terms with Canal Plus Polska for its participation in the Polish Cyfra+ digital bouquet. Under the terms of the agreement,...

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...

WIND CLOSING ON TELEPIU

The arrival of new shareholders for the Italian digital platform Telepiu is close to being finalised with mobile phone operator Wind being the front runner. Although Telepiu has denied that...

FININVEST SELLS TELEPIU STAKE

The media and financial services holding company Fininvest, headed by Silvio Berlusconi, announced on July 28 that it has sold its 10 per cent stake in leading Italian digital platform...

FANTASTIC SEEKS FUNDING

The Swiss-based broadband multimedia software specialist The Fantastic Corporation has confirmed that it intends to launch an initial public offering on Frankfurt’s Neuer Markt, expected to be completed in the...

NEWS BYTES...

Interactive television will generate revenues of $20 billion by 2004, according to Forrester Research. Forrester estimates that interactive applications will generate $11 billion in advertising, $7 billion in commerce and...

N24 GETS ASTRA TRANSPONDER

In what is seen as a smart tactical move by industry observers, German media company Pro-Sieben Group has managed to gain valuable analogue capacity on the Astra satellite system (19.2...

FLEXTECH BOUNCES BACK

Flextech shares leapt last week following a sharp drop of 17 per cent over a two week period. Analysts at Merrill Lynch put out a note on the company with...