Television broadcasting industry
Lucent Technologies and SBC Communications Inc. have signed a major deal worth $2.4 billion for state-of-the-art switching equipment, marking a significant expansion of Lucent's digital switching software and hardware. The deal will enable SBC to offer a broader range of services to its customers across seven states.
Television broadcasting industry
NBC, a subsidiary of General Electric Co, has taken a 19% stake in Snap! Inc's online service, citing plans to potentially buy up to 60% of the company. To oversee this new venture, NBC has appointed Edmond Sanctis as chief operating officer, a new position reporting directly to
Television broadcasting industry
The National Football League has sealed an unprecedented $17.6 billion TV deal, shattering previous records and making it one of the most lucrative deals in sports history. The agreement pushes the league's TV revenue to nearly $18 billion over the next eight seasons, with ABC emerging as
Television broadcasting industry
Derek McGinty, a celebrated radio personality, will leave WAMU at the end of the month to become a full-time correspondent for CBS-TV's Public Eye. McGinty has been a staple on Washington radio for over two decades, hosting his show on WAMU since 1991. His final broadcast will air
Television broadcasting industry
Heineken's ambitious plan to reach the young adult audience in Europe through its sponsorship of the television series Hotel Babylon has encountered difficulties. The program, set in a luxurious country house, features interviews with celebrities like Michelle Pfeiffer and Ruud Gullit, and musical performances by artists such as
Television broadcasting industry
The Object Management Group (OMG) and CableLabs have entered into a reciprocal membership agreement, marking a significant commitment to the cable and telecommunications industry. This partnership will enable the two organizations to work together on technology adoption issues, with a focus on promoting the use of object technology in the
Television broadcasting industry
Motorola Inc.'s Multimedia Group has entered into an agreement in principle with TCI to provide up to 200,000 of its CyberSURFR cable modems and Cable Router infrastructure products for the introduction of high-speed data communications services to TCI customers. This agreement marks the first large-scale deployment of
Television broadcasting industry
Motorola's Multimedia Group has entered into an agreement with Time Warner Cable to provide advanced cable modems and infrastructure for high-speed data communications. The agreement, valued at up to $50 million, involves the provision of up to 50,000 CyberSURFR cable modems and Cable Router infrastructure products to
Television broadcasting industry
PanAmSat, the first private-sector company to provide global satellite services, has reached an agreement with the Globo Organization, Grupo Televisa S.A., The News Corporation Limited, and Tele-Communications International Inc. to serve as a long-term satellite service provider for their direct-to-home (DTH) television service in Latin America. The partnership will
Television broadcasting industry
Ameritech, one of the world's largest communications companies, has announced plans to invest more than $50 million to build a modern two-way video network in the South Side of Chicago. The network will give residents a choice in cable TV services, a demand that has been echoed by
Television broadcasting industry
The E.W. Scripps Company, a leading media conglomerate, announced a 4.3 percent increase in consolidated revenues in October 1995, reaching $117 million. Newspaper advertising revenues saw a notable 5.1 percent year-over-year growth, reaching $40.9 million, while total newspaper revenues advanced 4.8 percent to $56.8
Television broadcasting industry
CanWest Global Communications Corp. has made a significant move in the Canadian broadcasting industry by announcing a takeover bid for WIC Western International Communications Ltd. The bid, valued at $636 million, sees CanWest offering $24 per share for all Class A Voting Shares and Class B Non-Voting Shares of WIC.
