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BUSINESS
April 4, 1996
Digital Pay-TV Alliance to Be Scrutinized: Antitrust authorities said they will investigate the alliance between Bertelsmann and CLT of Luxembourg. Alliances in European media among old foes and newcomers may be designed to protect home markets rather than to develop cross-border links, analysts said. The German Federal Cartel Office said it is likely to refer the proposed merger of Bertelsmann and CLT to the European Commission.
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BUSINESS
November 27, 1997 | Reuters
Hungarian television operator Magyar RTL, 49%-owned by Luxembourg-based CLT UFA, said it will appeal a ban on using a photo of the pope in an ad and may sue the advertising watchdog that made the ruling. The poster, promoting the programs of Magyar RTL's commercial channel, RTL Klub, shows the pope yawning above the message "RTL Klub--a little intimacy every evening."
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BUSINESS
July 5, 1997 | (Associated Press)
German media magnate Leo Kirch said he has completed a deal to jointly run the Premiere pay television channel with rival Bertelsmann group, signaling a truce after years of battling over the German pay TV market. Kirch reportedly hopes to link his troubled digital pay TV venture, DF-1, with the more established Premiere, a movie and sports channel that has 1.4 million subscribers. DF-1 has garnered only 30,000 subscribers in its year of operation.
BUSINESS
July 5, 1997 | (Associated Press)
German media magnate Leo Kirch said he has completed a deal to jointly run the Premiere pay television channel with rival Bertelsmann group, signaling a truce after years of battling over the German pay TV market. Kirch reportedly hopes to link his troubled digital pay TV venture, DF-1, with the more established Premiere, a movie and sports channel that has 1.4 million subscribers. DF-1 has garnered only 30,000 subscribers in its year of operation.
BUSINESS
November 27, 1997 | Reuters
Hungarian television operator Magyar RTL, 49%-owned by Luxembourg-based CLT UFA, said it will appeal a ban on using a photo of the pope in an ad and may sue the advertising watchdog that made the ruling. The poster, promoting the programs of Magyar RTL's commercial channel, RTL Klub, shows the pope yawning above the message "RTL Klub--a little intimacy every evening."
BUSINESS
June 24, 1997
Germany's Kirch Group and CLT-UFA of Luxembourg said they plan to form a German pay TV joint venture and agreed to use a single decoder box for transmissions, ending a long-running dispute between the media companies. The companies agreed to cooperate in a venture that will provide Kirch Group with more investment and the Bertelsmann and Luxembourgoise de Telediffusion joint venture with a strong partner in digital television, analysts said.
BUSINESS
June 24, 1997
Germany's Kirch Group and CLT-UFA of Luxembourg said they plan to form a German pay TV joint venture and agreed to use a single decoder box for transmissions, ending a long-running dispute between the media companies. The companies agreed to cooperate in a venture that will provide Kirch Group with more investment and the Bertelsmann and Luxembourgoise de Telediffusion joint venture with a strong partner in digital television, analysts said.
BUSINESS
April 4, 1996
Digital Pay-TV Alliance to Be Scrutinized: Antitrust authorities said they will investigate the alliance between Bertelsmann and CLT of Luxembourg. Alliances in European media among old foes and newcomers may be designed to protect home markets rather than to develop cross-border links, analysts said. The German Federal Cartel Office said it is likely to refer the proposed merger of Bertelsmann and CLT to the European Commission.
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