Barack Obama backs net neutrality and says Internet must stay “free and open” November 10, 2014 US President Barack Obama has nailed his colours to the mast of net neutrality, as he urged the US Federal Communications Commission (FCC) to fully embrace the principle in its new rules on internet governance. The FCC, an independent governmental agency, is currently drawing up new rules on internet governance which are expected to [...]
CBI annual conference 2014: Reaction to Nick Clegg and David Cameron’s speeches November 10, 2014 David Cameron and Nick Clegg sought to woo captains of industry today as they delivered their addresses to the Confederation of British Industry's (CBI) annual conference. The Prime Minister was the first of the party leaders to address the hall, telling the audience he can sum up his manifesto in one sentence: We’ve got an [...]
BSkyB buys up lion’s share of Sky Deutschland November 6, 2014 PAY TV broadcaster BSkyB will own a larger-than-expected 87.45 per cent of Sky Deutschland once its takeover closes next week. The Sky Europe deal – as it has been dubbed with BSkyB buying up its Italian and German counterparts – will create a media empire spanning six countries and reaching 20m customers. With the purchase, [...]
BSkyB share price falls after it secures 87.45 per cent of Sky Deutschland November 6, 2014 BSkyB will own 87.45 per cent of Sky Deutschland once its takeover is completed next week, it said this morning. A larger-than-expected proportion of minority shareholders in the German pay-TV company accepted an offer of €6.75 per share from the British company. The takeover is due to be completed on 12 November, and will [...]
BT scores key win in battle for Sky Sports November 5, 2014 Britain’s largest pay TV broadcaster BSkyB was left bruised yesterday after a UK court ruled that it must make its flagship sports channels available to its biggest rival, a measure it had resisted for four years. The interim ruling is the latest episode in a four-year legal saga stretching back to an era when Sky [...]
Mayweather top of sport rich list with £66m haul November 5, 2014 BOXING icon Floyd Mayweather was the world’s top earning sportsperson last year with income of £66m – almost three times as much as the highest placed Briton, footballer Gareth Bale. The American five-weight world champion, who raked in the vast sum from just two fights because he also promotes his bouts, beat Real Madrid star [...]
Goal for BT as BSkyB loses sports channel legal battle November 5, 2014 BSkyB will be forced to offer its sports channels to BT's YouView customers after it lost a legal battle with its new rival. The UK Competition Appeals Tribunal ruled today that rules which determine what price Sky must offer its channels at should also cover internet television services. Until now, the broadcaster has resisted providing [...]
BT’s broadband growth slows as market heats up October 30, 2014 BROADBAND customer growth helped boost BT’s profits 13 per cent in the second quarter as the former state monopoly’s free BT Sport offering continued to win customers for the FTSE 100-listed firm. Despite the growth, BT said it added just 88,000 new retail broadband customers in the quarter, 48 per cent of the net new [...]
FTSE gets a lift after St James’s reports results – London Report October 30, 2014 BRITAIN’S top equity index yesterday staged a late rally to recover from losses earlier in the day, with wealth management group St James’s Place outperforming after strong results. The blue-chip FTSE 100 index had been in negative territory for much of the day. The late recovery enabled the FTSE to close up by 0.2 per [...]
BT share price opens lower, despite dividend lift October 30, 2014 Investors saw BT's decision to spend £2bn on securing exclusive rights to Premier League and Champions League games for its new sports channels as a gamble, but it looks as thought it might have paid off. This morning the company raised its dividend by 15 per cent to 3.9p as it reported Premier League audiences [...]