Luxembourg/Paris – SES (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG) and Eutelsat Communications (NYSE Euronext Paris: ETL) have concluded a series of agreements including a comprehensive settlement of legal proceedings concerning the right to operate at the 28.5 degrees East orbital position and containing long-term commercial as well as frequency coordination elements. The first agreement ends the arbitral procedure … [Read more...] about SES and Eutelsat settle dispute over satellite position
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Telered partners with MEASAT
Kuala Lumpur – MEASAT Satellite Systems Sdn. Bhd. (“MEASAT”) and Telered Technologies & Services Corp (“Telered”) have announced an agreement for capacity on the MEASAT-3a satellite. Under the terms of the agreement, Telered will utilise MEASAT-3a for the distribution of the Viva TV and Pinoy Box Office (PBO) channels across the Philippines. The agreement also contains an option for additional capacity to support Telered’s planned future … [Read more...] about Telered partners with MEASAT
Doordarshan to increase satellite transmission
Prasar Bharati's terrestrial channel Doordarshan will be enhancing its satellite reach in North East India, according to The Economic Times. The report added that the network's terrestrial transmitters were being replaced by satellites and that the necessary infrastructure for the switch will have to be set up in the region. Village Councils in all the states of the region will be provided with set-top boxes to facilitate penetration, according to the report. … [Read more...] about Doordarshan to increase satellite transmission
SES reports strong performance
Luxembourg – SES S.A. has reported financial results for the 12-month period ending September 30, 2013. With a year-to-date (YTD) revenue of EUR 1,378.2 million, the company has seen an increase of 2.4% at constant exchange rates (constant FX) over the prior year period; This revenue increase is 5.7% when excluding the EUR 42.6 million of analogue revenue recorded in 2012. The company has also achieved a YTD EBITDA of EUR 1,009.3 million, an increase of 0.8% at constant FX over … [Read more...] about SES reports strong performance
China to restrict satellite TV stations to one foreign programme per year
The report, from Reuters, adds that the official Shanghai Securities Journal, citing an order by the General Administration for Press and Publication to domestic television stations, said foreign programmes could not be broadcast in prime-time viewing hours during the year in which the broadcasting rights were purchased.This announcement follows the policy initiated in February 2013, which restricts the broadcast of foreign shows to 50 episodes. Reuters adds that … [Read more...] about China to restrict satellite TV stations to one foreign programme per year
TPG to acquire 21st Century Fox’s remaining stake in Phoenix TV
Hong Kong - TPG, a global private investment firm and 21st Century Fox have announced that they have entered into a definitive agreement, pursuant to which TPG agreed to acquire the remaining 12.15% stake held by 21st Century Fox’s (21CF) wholly-owned subsidiary Star Entertainment Holdings Limited in Phoenix Satellite Television Holdings Limited (Phoenix TV). Upon completion of the sale, 21CF will no longer hold an equity interest in Phoenix and its … [Read more...] about TPG to acquire 21st Century Fox’s remaining stake in Phoenix TV
