Analysts positive on Scripps’ UKTV deal

Analysts have reacted positively to Scripps Networks Interactive’s £339 million (€386 million) deal for a 50% share in UK digital channel group UKTV. Credit ratings agency Moody’s says that Scripps can easily afford to find the deal from its cash reserves, which stood at US$713 million (€497 million) at end-June. The agency said Scripps will […]

Viasat launching news broadcasts in Ghana

Viasat will launch a daily news programme on its Ghanaian channel, Viasat1, starting August 15.  The channel, which launched three years ago and has a viewing share of over 17%, will launch Viasat1 News as a daily, 30-minute news broadcast going out at 19:30. The main news anchors will be Emmanuel Kwasi Afriyie, Nana Ekua […]

Scripps acquires Virgin Media stake in UKTV

US-based Scripps Networks Interactive has struck a deal to acquire Virgin Media’s 50% stake in UKTV. Scripps will pay £239 million (€273 million) for Virgin Media’s common equity and a further £100 million for the outstanding preferred shares and debt owned by UKTV to Virgin Media. BBC Worldwide will retain its 50% stake in UKTV. […]

US authorities extend News Corp investigation

Authorities in the US have reportedly widened the scope of their investigation into the activities of the newspaper division of media giant News Corp. The initial focus was whether journalists at News International hacked into the phones of victims of the 9/11 attacks on the US. The News Corp-owned Wall Street Journal now claims that […]

Scandinavian Canal Plus to launch new HD channels

TV4 Group-owned Scandinavian pay TV service Canal Plus is to launch new HD channels in the autumn. Canal Plus First HD, an HD version of the group’s most popular film channel, will launch on August 19. Another HD version of an existing Canal Plus movie channel, Canal Plus Hits HD, will launch in October. Canal […]

Kabel BW to carry ProSiebenSat.1’s HD channels

German cable operator Kabel BW will offer ProSiebenSat.1’s HD channels SAT.1 HD, ProSieben HD, Kabel Eins HD and Sixx HD on its platform from Monday August 15. The German broadcaster has renewed its carriage deal with Kabel BW that, as well as the addition of the HD channels, will add pay TV channels Sat.1 Comedy […]

Arte strikes deal with Vice Media for online distribution

French and German public broadcaster Arte has struck a deal with online video operator Vice Media. The move will see a raft of content from the youth lifestyle brand airing across Arte. Programming will include concerts from its recently launched new music platform Noisey. Benjamin Ruth, managing director, Vice Deutschland, said: “Arte Live Web offers […]

AMC Networks sees international revenue growth

AMC Networks, the international thematic channel operator, saw revenues from its international networks rise by 30%. The company, which operates channels including US cable network AMC, Sundance Channel and WEtv, also saw its second quarter profit rise by 23% to US$27.2 million (€19.1 million) and revenue rose 12% to US$292 million. President and chief executive […]

News Corp looking for new acquisitions

Having ditched its bid for the chunk of BSkyB it does not own, News Corp chairman and CEO Rupert Murdoch and COO Chase Carey both said last night that the company will actively pursue other acquisitions. Analysts estimated that the media giant would, at its current rate of growth, have a war chest of US$20 […]

UKTV poaches Tennant

British thematic channel operator UKTV has poached ITV executive Emma Tennant to become controller. Tennant was previously controller of digital channels at the free-to-air commercial broadcaster, where she looked after channels including ITV2, ITV3 and ITV4. She will be in charge of UKTV’s portfolio of 10 channels as well as its digital activities. She will […]