KDG names new finance chief

German cable operator Kabel Deutschland (KDG) has named Andreas Siemen as its new chief financial officer, effective from October. Siemen is currently director of corporate development with responsibility for corporate strategy, mergers and acquisitions and corporate finance at KDG. He previously worked for McKinsey & Co for 10 years.

Miramax to launch Facebook streaming service

US studio Miramax is to launch a movie streaming service via Facebook in the US, UK and Turkey, with France and Germany to follow in the near future, according to a report by the PaidContent website. The Miramax experience, as the service is called, will offer 20 titles for rent in the US, and 10 […]

F1 legal row brewing

Germany’s Constantin Media has lodged a legal complaint against Formula 1 bosses, according to UK press reports. The German company is understood to have filed a lawsuit in a London court, alleging that various Formula 1 managers undervalued the auto-racing event when selling it to CVC Capital. The private equity company paid US$1.7 billion (€1.2 […]

Strong growth for Kabel BW

German cable operator Kabel BW ended June with 324,000 pay TV RGUs, an increase of 39% year-on-year. The number of internet/telephony customers increased by approximately 25% compared to the end of June 2010, to 740,000. The Baden-Württemberg operator generated first half revenues of €300.2 million, a 10.7% increase on the previous year. Adjusted EBITDA was […]

German TV sales down in first half

Sales of TV sets in Germany for the first half of this year numbered 4.4 million units, down from 4.7 million for the same period last year, according to the latest CEMIX consumer electronics market index. LCD TV sales fell by a smaller amount – 1.3%. About 30% of sales for the first half were […]

Kabel Deutschland on track to meet targets

German cable operator Kabel Deutschland (KDG) remains on track to meet its targets for the year after recording solid revenue-generating unit and revenue growth for the first quarter, according to CEO Adrian von Hammerstein. KDG recorded 12.835 million revenue-generating units at the end of the quarter, up 596,000 year-on-year. Premium TV subscriptions numbered 1.317 million, […]

HD Plus to deliver internet-connected set-tops

NetRange NMH has been contracted to develop and operate a portal for internet-enabled satellite receivers for HD Plus, satellite operator SES Astra’s German HD platform. New compatible receivers for the HD Plus service will be equipped with Hamburg-based NetRange NMH’s HD InterActive feature.

Kabel BW upgrades Ravensburg

German cable operator Kabel BW has upgraded its network in Ravensburg in southern Baden-Württemberg. The upgrade of the former Tele Columbus network in Ravensburg will make high-speed internet and digital TV services available to a further 1,100 households in the southern German state. The operator says that all its products will be available across its […]

Primacom launches home alarm system

German cable operator Primacom has launched an emergency alarm system targeting its elderly and vulnerable customers. The operator has launched the service in partnership with Sonotel, a non-profit organisation that supplies home care and social communication services. Users are supplied with a device that can be worn around the wrist or neck that when pressed […]

Star Capital reportedly looking to acquire Tele Columbus

Private equity company Star Capital is looking to buy German cable operator Tele Columbus, according to local press. FT Deutschland has reported that the UK-based group, which already owns German cable operator Pepcom, is in negotiations to buy Tele Columbus. Pepcom, which was acquired last year, has about 630,000 subscribers, while the much larger Tele […]