Author: Staff Writer

<p>The default author.</p>
A Busy Week For Globalstar
Temporary Stock Run-Up, Early Release Of 2Q Numbers Keep Eyes On The Company While the future of Globalstar L.P. [GSTRF] is still undetermined, the company still is moving forward with...
NEWS BYTES...
Italian pay-TV platform Stream has fired director general Giovanni Minoli after only six months. Stream’s recently appointed CEO, Lucia Morselli, said three grave errors had contributed to Minoli’s downfall –...
$59.23M PANAMSAT EARNINGS
PanAmSat Corp is reporting earnings of about $59.23 million (E55.47m) or 39 cents per share on revenues of $322.25 million during the second quarter of this year. This compares with...
SAUDI DISH-BAN CONFUSION
Earlier this year the so-called Saudi Arabian ‘dish ban’ was widely reported to have been lifted, with key regional broadcasters like ART and Orbit publicly welcoming the relaxation of rules....
WILL NEWS CORP ENTER POLSAT?
Zygmunt Solorz, owner of the Polsat network is talking to News Corporation about the possible sale of a 33 per cent interest in the company. Before such a deal can...
SEA LAUNCH CRAFT DEPARTS
The first of the Sea Launch vessels has departed from its home port in Long Beach, California, in preparation for the launch of the PanAmSat’s PAS-9 satellite on July 28....
POLISH REGULATOR DECIDES
Polish regulator KRRiT has agreed to a 33 per cent shareholding in Polsat by a Dutch holding company. Polsat Media BV, a holding company controlled by Polsat’s owner Zygmunt Solorz,...
FOOTBALL BOOSTS ITALIAN PAY-TV REVENUES
The two Italian pay-TV operators, Stream and Tele+, have together earned over L125 billion (E64.56 million) during 1999 from football matches. Market leader Tele+ earned 86.6 per cent of the...
GLOBALSTAR REVENUES IMPROVE
Globalstar’s second quarter results, issued last Thursday, were mixed. The company reported; $708,000 (E759,000) in total revenue, consisting of $390,000 in net service revenue ($483,000 in gross service revenue before...
TM3 TURNS INTO SUN TV IN FALL
In a move that will lead to TM3 probably being remembered in German television history as the most revamped TV channel, the Munich-based broadcaster will undergo another major content change...