April 16, 2013 |
Dish Network Corp. is taking a run at Sprint. The satellite television company made an unsolicited $25.5-billion bid for Sprint Nextel Corp. on Monday in an attempt to marry one of the nation's biggest pay-TV providers with the third-largest U.S. wireless carrier. A merger would give Dish the ability to package Internet and phone service with its satellite offerings. "A transformative DISH/Sprint merger will create the only company that can offer customers a convenient, fully integrated, nationwide bundle of in- and out-of-home video, broadband and voice services," Dish Chairman Charles W. Ergen said.
November 1, 2012 |
James Murdoch won an endorsement from shareholders to serve another year on the board of satellite television service British Sky Broadcasting. Murdoch received 95% of the vote cast Thursday in London during the annual vote of shareholders. Murdoch did, however, receive the third-lowest vote total of any of the directors up for reelection. Two others with long-term ties to Murdoch's father, News Corp. Chairman Rupert Murdoch, received fewer votes. However, despite the mild protest, both David DeVoe, chief financial officer of News Corp., and Arthur M. Siskind, a News Corp.
September 21, 2012 |
LONDON — British Sky Broadcasting, the satellite TV network partially owned by Rupert Murdoch, remains a "fit and proper" holder of a broadcast license despite the phone-hacking scandal that has engulfed Murdoch's media empire, according to Britain's communications watchdog. But the regulatory agency harshly criticized Murdoch's son, James, the former head of BSkyB, for his lackadaisical response to the hacking debacle. The agency said Thursday that James Murdoch "repeatedly fell short of the conduct to be expected of him as a chief executive officer and chairman" of News International, the British arm of his father's media giant News Corp.
September 20, 2012 |
Rupert Murdoch's News Corp. expressed gratitude over a British regulators' finding that the company remains a "fit and proper" holder of a broadcast license, but it vigorously defended the mogul's youngest son's actions while running the British arm of the sprawling operation. The media regulatory agency, known as Ofcom, on Thursday harshly criticized James Murdoch, the former head of the satellite television giant British Sky Broadcasting, for his weak response to the phone-hacking scandal that consumed the media conglomerate's London-based newspapers. Ofcom said the younger Murdoch "repeatedly fell short of the conduct to be expected of him as a chief executive officer and chairman" of News International, the British arm of his father's giant News Corp.
September 24, 2011 |
Dish Network is aiming to use its new Blockbuster unit to challenge now vulnerable Netflix, but not at the expense of its own satellite television business. The company on Friday unveiled Blockbuster Movie Pass, a service that offers DVDs and video games by mail along with 3,000 movies and television shows available to stream on TV and an additional 1,000 for PCs. It will launch Oct. 1. The service will cost $10 a month, the same price Netflix charged for a combined streaming and DVD service before it unexpectedly raised the price in July, sparking public outrage and the loss of an estimated 400,000 subscribers by the end of September.
April 21, 2011 |
Nearly two dozen Hollywood directors and producers have collectively criticized initiatives by the major studios to release movies in the home closer to when they open in theaters. In an open letter released Wednesday by the National Assn. of Theatre Owners, some of the entertainment industry's biggest filmmakers — including James Cameron, Peter Jackson and Gore Verbinski — lashed out at imminent plans by four studios to offer movies via video on demand, or VOD, just eight weeks after their theatrical release.