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Satellite news 25.08.04
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<blockquote data-quote="Satdude" data-source="post: 55907" data-attributes="member: 175600"><p>Satellite news 18.08.04</p><p></p><p>News</p><p></p><p>UK</p><p></p><p>C4 PREPARES FOR MERGER WITH FIVE</p><p>Channel 4 has hired investment bank UBS to scope out a</p><p>strategic review of its long-term options, including</p><p>the possibility of a merger with either rival Five or</p><p>another broadcaster. The network is looking at a range</p><p>of options, and while the possibility of a merger with</p><p>RTL-owned Five fits the bill, it is by no means a</p><p>foregone conclusion. Channel 4 and Five are looking</p><p>for ways to consolidate in the U.K. market place,</p><p>where both face the possibility of being squeezed by</p><p>an enlarged ITV, since the merger of Carlton and</p><p>Granada last year. The two television channels have</p><p>admitted to holding informal merger talks, although C4</p><p>has also had discussions with other broadcasters,</p><p>including cable company Flextech. Channel 4 is</p><p>publicly owned but funded entirely by advertising and</p><p>profits are badly hit if viewing figures fall. The</p><p>channel made a small profit on revenues of £770</p><p>million last year, but had been in the red in 2002.</p><p>Five, controlled by German broadcaster RTL, is also</p><p>facing stiffer competition. </p><p></p><p>BS*yB WANTS TO USE FREESAT NAME</p><p>The BBC is in talks with BS*yB about allowing the</p><p>commercial broadcaster to use its "Freesat" trademark.</p><p>BS*yB, whose shares have collapsed after poor results,</p><p>announced last week that it was launching the</p><p>free-to-air satellite service, which has not yet been</p><p>named, in October. Commentators have already dubbed</p><p>the service, which offers 200 channels for a £150</p><p>one-off payment and no subscription charge, "freesat".</p><p>BS*yB's chief executive, James Murdoch, said that it</p><p>was still in talks with the BBC about what involvement</p><p>it could have in the S*y service. A BBC spokeswoman</p><p>confirmed that one option being discussed is to allow</p><p>BS*yB to make official use of the Freesat name, which</p><p>it has copyrighted. The BBC has been in talks for</p><p>months with broadcasters, including BS*yB, about</p><p>launching its own free-to-air, digital satellite</p><p>service. </p><p></p><p>TURNER TO TRANSMIT CHANNELS INHOUSE</p><p>Turner Broadcasting Systems Europe has confirmed plans</p><p>to bring the transmission of all its European</p><p>entertainment channels in-house from January 2006,</p><p>replacing the current play out deal with Ascent Media.</p><p>This decision will involve building a new tx facility</p><p>and hiring some 40 additional staff at the company's</p><p>Great Marlborough Street, London headquarters. Some</p><p>12,000 hours from channels Cartoon Network, Boomerang,</p><p>Toonami and TCM will also be digitized. The</p><p>digitization of content is all part of a plan to allow</p><p>the company to explore emerging revenue streams such</p><p>as video-on-demand and broadband. Cartoon Network,</p><p>TCM, Boomerang and Toonami are available in the region</p><p>from 17 feeds in 25 local-language versions.</p><p></p><p>BS*yB TO SUE EDS</p><p>BS*yB is preparing legal action against U.S. computer</p><p>services company Electronic Data Systems Corp. over a</p><p>disputed contract terminated almost two years ago, EDS</p><p>confirmed on August 9. The satellite TV company hired</p><p>EDS in November 2000 in a deal worth about £61 million</p><p>over two years to provide systems to help it handle</p><p>call center inquiries. EDS confirmed S*y has "asserted</p><p>a contractual claim over the deal." It said S*y took</p><p>back responsibility for system delivery in early 2002</p><p>and that it terminated its relationship with S*y at</p><p>the end of 2002. S*y said last week it "anticipates</p><p>issuing and serving a claim in the near future for a</p><p>material amount against an information technology</p><p>solutions provider." </p><p></p><p>AT THE RACES WANTS $93 MILLION FROM RACEHORSE OWNERS</p><p>BS*yB and outdoor entertainment group Arena Leisure</p><p>confirmed on August 10 that they have issued a £51</p><p>million writ against a group of Britain's leading</p><p>racecourse owners to recover unexploited media rights.</p><p>Under the banner of their joint-venture channel At the</p><p>Races, S*y and Arena have been engaged in a</p><p>long-running wrangle with racecourse owners after the</p><p>collapse of their previous media rights deal that also</p><p>involved Channel 4. The former deal was declared</p><p>invalid by antitrust regulator the Office of Fair</p><p>Trading in April because it involved collective</p><p>bargaining that was deemed anti-competitive. Arena-led</p><p>venture At the Races is arguing that it put cash</p><p>upfront to secure the media rights under the first</p><p>deal and that those rights should revert to At the</p><p>Races after the deal's collapse. </p><p></p><p>FIVE SIGNS OUTPUT DEAL WITH SONY PICTURES</p><p>Free-to-air channel Five is bidding to outdo pay-TV</p><p>rivals by inking a deal with Sony Pictures Television</p><p>International to air a number of Hollywood</p><p>blockbusters before the pay window. Five has secured a</p><p>film package comprising Terminator 3: Rise of the</p><p>Machines; Bruce Willis vehicle Tears of the Sun; and</p><p>Charlize Theron's Trapped. Terminator 3 is expected to</p><p>premiere later this year. "This is a huge coup for the</p><p>channel," said Five's managing editor and director of</p><p>acquisitions, Jeff Ford. "Five's viewers will get to</p><p>see some of 2003's biggest blockbusters only 15 months</p><p>after their cinema release." The deal also covers</p><p>terrestrial premieres of Charlie's Angels: Full</p><p>Throttle; Anger Management; Bad Boys II; Maid in</p><p>Manhattan and Daddy Day Care.</p><p></p><p>SPL SPORTS CHANNEL LAUNCHES</p><p>The new Scottish Premier League sports channel has</p><p>launched, allaying fears that fans could miss the kick</p><p>off of the new season. Setanta has had a difficult</p><p>summer with rumours persisting that the channel has</p><p>not generated an adequate number of subscribers to</p><p>meet the cost of paying what is due to the 12 SPL</p><p>clubs. The company has strongly maintained they are on</p><p>course and the first payment was made to clubs on the</p><p>first of this month. Insiders claim fewer than 20,000</p><p>fans have subscribed so far for the football package -</p><p>costing £119 for the season - below the break-even</p><p>target of 81,000. Setanta is paying Scottish</p><p>Television £50,000 a game to use its equipment and</p><p>production staff to provide live SPL coverage. And</p><p>cable giant Telewest is not offering Rangers TV or</p><p>Celtic TV to its 256,000 Scottish customers. Earlier</p><p>this week, the Evening Times reported how the</p><p>Irish-based channel was on the verge of clinching a</p><p>deal to screen live Scottish rugby matches.</p><p></p><p>S*y TO SELL FILMS VIA SATELLITE</p><p>Satellite TV viewers will be able to buy and download</p><p>films through their dishes under plans being drawn up</p><p>by BS*yB, according to a report in "The Times". The</p><p>broadcaster is understood to be in talks with</p><p>film-makers over securing the rights to distribute</p><p>film via satellite. Viewers would load the films onto</p><p>a personal video recorder with enough electronic</p><p>storage space to hold a library of programmes. The</p><p>service would challenge the video-on-demand services</p><p>already provided by cable-television companies. S*y</p><p>will take its first step towards the service at</p><p>Christmas, when it launches a new version of its S*y+</p><p>personal video-recorder service. The new version will</p><p>have much greater memory capacity, and will retail for</p><p>£399. </p><p></p><p>Europe</p><p></p><p>RECORD TV VIEWERS FOR OLYMPICS</p><p>The International Olympic Committee expects that 3.9</p><p>billion people will watch this year's games on</p><p>television, with more than 300 channels set to</p><p>transmit about 35,000 hours of coverage. At the 2000</p><p>Games in Sydney, 29,600 hours were broadcast to 36.1</p><p>billion households. According to the IOC, more than 60</p><p>per cent of broadcasters have promised to enhance</p><p>their coverage compared with four years ago. NBC alone</p><p>is promising 1,210 hours, three times its Sydney</p><p>coverage, while Canada's CBC and TSN are to provide</p><p>440 hours, and CCTV will offer more than 600 hours. In</p><p>Germany, ZDF and ARD have tripled their coverage to</p><p>1,400 hours. And in South Africa, Supersport</p><p>International, SABC2 and SABC3 will provide 1,965</p><p>hours. This year's games also promise mobile phone and</p><p>online streaming video and highlight clips from</p><p>several broadcasters, as well as some HD coverage.</p><p></p><p>T-SYSTEMS SUPPLIES OLYMPIC COVERAGE TO BROADCASTERS</p><p>T-Systems is to broadcasting video, sound and data</p><p>signals during the Olympic Summer Games in Athens for</p><p>the European Broadcasting Union (EBU), the Canadian</p><p>Broadcasting Corporation and ARD and ZDF. T-Systems</p><p>will also send the video signals of the Olympic</p><p>football tournament in High Definition Television</p><p>(HDTV) to Tokyo for Japanese television and broadcast</p><p>programmes via satellite news gathering (SNG) for the</p><p>Greek Telecommunications Organization (OTE). The</p><p>Deutsche Telekom subsidiary is a partner for the EBU</p><p>during the Olympics. Together with the OTE, T-Systems</p><p>will send the signals and data via submarine cable</p><p>from the International Broadcasting Center in Athens</p><p>to T-Systems' PoP (Point of presence) in Milan as a</p><p>gateway to Deutsche Telekom's global network. This</p><p>network will be used to broadcast the data to Germany,</p><p>Canada and some 70 EBU members in Europe, North Africa</p><p>and the Middle East. Within Germany, signals will be</p><p>transmitted to the national broadcasting network of</p><p>the public service broadcasting organisations which</p><p>permanently connects state and regional broadcasting</p><p>studios with high bandwidths. T-Systems will be</p><p>providing ZDF Mainz, SWR Baden-Baden and RBB Potsdam</p><p>with sound and video signals, as well as</p><p>broadcasting-specific signals for reporting,</p><p>conference and data applications.</p><p></p><p>Germany</p><p></p><p>KIRCH AND UNIVERSAL STUDIOS CLOSE TO SETTLEMENT</p><p>Universal Studios is close to an out-of-court</p><p>settlement in its four-year-old lawsuit with bankrupt</p><p>German rights giant KirchMedia. Insiders at Universal</p><p>and KirchMedia said on August 9 the two sides have</p><p>agreed on a deal that would see the German group pay</p><p>Universal $80 million-$100 million in exchange for</p><p>dropping the suit. Universal first filed against</p><p>KirchMedia in 2000, alleging breach of contract</p><p>related to a 10-year output deal Kirch signed with the</p><p>Hollywood studio in 1996. Kirch allegedly reneged on</p><p>the deal in 1999, refusing to pay the agreed price for</p><p>Universal's films and television shows. </p><p></p><p>PROFITS UP AT PREMIERE</p><p>Pay-TV platform Premiere swung to a half-year</p><p>operational profit (before interest, tax, depreciation</p><p>and amortization) of ?18.1 million ($22.2 million)</p><p>from an $18.8 million loss the previous year, while</p><p>revenue grew 3.6% to $598 million. Net deficit of</p><p>$86.2 million was down from $135 million in the same</p><p>period last year. While Premiere's subscriber base has</p><p>grown 7.5% to 2.9 million since last year, it has</p><p>fallen 14.3% since January.</p><p></p><p>VIVA MEDIA REPORTS INCREASED PROFITS</p><p>German music TV group Viva Media on August 12</p><p>announced a profit of ?2 million for the second</p><p>quarter of this year. The figure is up from a ?424,000</p><p>profit over the same period in 2003. Sales at the</p><p>Cologne-based group slipped slightly, hitting ?27.4</p><p>million, a fall from ?29.2 million in second quarter</p><p>2003. Last month, Viacom acquired Viva, the main</p><p>competitor to the company's MTV network in Europe, for</p><p>around ?310 million.</p><p></p><p>2Q PROFITS DOUBLED AT PROSIEBENSAT1</p><p>Private broadcaster ProSiebenSat.1 Media said on</p><p>August 13 that second-quarter profit more than</p><p>doubled, helped by higher sales and cost cuts, while</p><p>net income rose to ?47.6 million from ?22.1 million a</p><p>year earlier. Sales in the second quarter rose 6 per</p><p>cent to ?496 million. The company reiterated its</p><p>forecast from last month that the TV advertising</p><p>market would grow 2 per cent this year. ProSiebenSat.1</p><p>forecast that EBITDA would rise to ?330 million this</p><p>year, helped by an increase in sales and lower costs.</p><p>Sales growth in the second half will be slower than in</p><p>the first six months, according to chief financial</p><p>officer, Lothar Lanz. The company said it expected to</p><p>raise its share of its German TV audience by 0.5-0.6</p><p>percentage points in 2004. ProSiebenSat.1 plans to</p><p>enter the pay-TV market to become more independent</p><p>from the advertising market, although it will not</p><p>invest in Premiere, de Posch said. ProSiebenSat.1</p><p>abandoned negotiations at the end of July over the</p><p>purchase of three of Premiere's channels after the</p><p>companies could not agree on the price. The Sat.1</p><p>channel posted a ?38.7 million pre-tax profit,</p><p>compared with ?8 million a year earlier. Pre-tax</p><p>profit at the ProSieben channel rose 33 per cent to</p><p>?63.1 million; N24 had a pre-tax profit of ?100,000</p><p>compared with a ?5.5 million loss; and Kabel 1 more</p><p>than doubled its profit to ?9.6 million.</p><p></p><p>Spain</p><p></p><p>PRIVATE MEDIA REPORTS Q2 RESULTS</p><p>Private Media Group, a worldwide leader in</p><p>premium-quality adult content, announced on August 12</p><p>an increase in net income to ?1.2 million for the</p><p>three months ended June 30 compared to ?0.1 million</p><p>for the comparable period in 2003. For the three</p><p>months ended June 30, net sales were ?9.3 million</p><p>compared to ?10.1 million for the comparable period in</p><p>2003. Broadcasting sales increased 128% to ?1.3</p><p>million primarily as a result of the broadcasting</p><p>launch of the proprietary Pay-Per-View Satellite &</p><p>Cable Television Channel, the Private Fantasy Channel,</p><p>in the United States in February 2004. </p><p></p><p>Regards Satdude. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big Grin :D" loading="lazy" data-shortname=":D" /></p></blockquote><p></p>
[QUOTE="Satdude, post: 55907, member: 175600"] Satellite news 18.08.04 News UK C4 PREPARES FOR MERGER WITH FIVE Channel 4 has hired investment bank UBS to scope out a strategic review of its long-term options, including the possibility of a merger with either rival Five or another broadcaster. The network is looking at a range of options, and while the possibility of a merger with RTL-owned Five fits the bill, it is by no means a foregone conclusion. Channel 4 and Five are looking for ways to consolidate in the U.K. market place, where both face the possibility of being squeezed by an enlarged ITV, since the merger of Carlton and Granada last year. The two television channels have admitted to holding informal merger talks, although C4 has also had discussions with other broadcasters, including cable company Flextech. Channel 4 is publicly owned but funded entirely by advertising and profits are badly hit if viewing figures fall. The channel made a small profit on revenues of £770 million last year, but had been in the red in 2002. Five, controlled by German broadcaster RTL, is also facing stiffer competition. BS*yB WANTS TO USE FREESAT NAME The BBC is in talks with BS*yB about allowing the commercial broadcaster to use its "Freesat" trademark. BS*yB, whose shares have collapsed after poor results, announced last week that it was launching the free-to-air satellite service, which has not yet been named, in October. Commentators have already dubbed the service, which offers 200 channels for a £150 one-off payment and no subscription charge, "freesat". BS*yB's chief executive, James Murdoch, said that it was still in talks with the BBC about what involvement it could have in the S*y service. A BBC spokeswoman confirmed that one option being discussed is to allow BS*yB to make official use of the Freesat name, which it has copyrighted. The BBC has been in talks for months with broadcasters, including BS*yB, about launching its own free-to-air, digital satellite service. TURNER TO TRANSMIT CHANNELS INHOUSE Turner Broadcasting Systems Europe has confirmed plans to bring the transmission of all its European entertainment channels in-house from January 2006, replacing the current play out deal with Ascent Media. This decision will involve building a new tx facility and hiring some 40 additional staff at the company's Great Marlborough Street, London headquarters. Some 12,000 hours from channels Cartoon Network, Boomerang, Toonami and TCM will also be digitized. The digitization of content is all part of a plan to allow the company to explore emerging revenue streams such as video-on-demand and broadband. Cartoon Network, TCM, Boomerang and Toonami are available in the region from 17 feeds in 25 local-language versions. BS*yB TO SUE EDS BS*yB is preparing legal action against U.S. computer services company Electronic Data Systems Corp. over a disputed contract terminated almost two years ago, EDS confirmed on August 9. The satellite TV company hired EDS in November 2000 in a deal worth about £61 million over two years to provide systems to help it handle call center inquiries. EDS confirmed S*y has "asserted a contractual claim over the deal." It said S*y took back responsibility for system delivery in early 2002 and that it terminated its relationship with S*y at the end of 2002. S*y said last week it "anticipates issuing and serving a claim in the near future for a material amount against an information technology solutions provider." AT THE RACES WANTS $93 MILLION FROM RACEHORSE OWNERS BS*yB and outdoor entertainment group Arena Leisure confirmed on August 10 that they have issued a £51 million writ against a group of Britain's leading racecourse owners to recover unexploited media rights. Under the banner of their joint-venture channel At the Races, S*y and Arena have been engaged in a long-running wrangle with racecourse owners after the collapse of their previous media rights deal that also involved Channel 4. The former deal was declared invalid by antitrust regulator the Office of Fair Trading in April because it involved collective bargaining that was deemed anti-competitive. Arena-led venture At the Races is arguing that it put cash upfront to secure the media rights under the first deal and that those rights should revert to At the Races after the deal's collapse. FIVE SIGNS OUTPUT DEAL WITH SONY PICTURES Free-to-air channel Five is bidding to outdo pay-TV rivals by inking a deal with Sony Pictures Television International to air a number of Hollywood blockbusters before the pay window. Five has secured a film package comprising Terminator 3: Rise of the Machines; Bruce Willis vehicle Tears of the Sun; and Charlize Theron's Trapped. Terminator 3 is expected to premiere later this year. "This is a huge coup for the channel," said Five's managing editor and director of acquisitions, Jeff Ford. "Five's viewers will get to see some of 2003's biggest blockbusters only 15 months after their cinema release." The deal also covers terrestrial premieres of Charlie's Angels: Full Throttle; Anger Management; Bad Boys II; Maid in Manhattan and Daddy Day Care. SPL SPORTS CHANNEL LAUNCHES The new Scottish Premier League sports channel has launched, allaying fears that fans could miss the kick off of the new season. Setanta has had a difficult summer with rumours persisting that the channel has not generated an adequate number of subscribers to meet the cost of paying what is due to the 12 SPL clubs. The company has strongly maintained they are on course and the first payment was made to clubs on the first of this month. Insiders claim fewer than 20,000 fans have subscribed so far for the football package - costing £119 for the season - below the break-even target of 81,000. Setanta is paying Scottish Television £50,000 a game to use its equipment and production staff to provide live SPL coverage. And cable giant Telewest is not offering Rangers TV or Celtic TV to its 256,000 Scottish customers. Earlier this week, the Evening Times reported how the Irish-based channel was on the verge of clinching a deal to screen live Scottish rugby matches. S*y TO SELL FILMS VIA SATELLITE Satellite TV viewers will be able to buy and download films through their dishes under plans being drawn up by BS*yB, according to a report in "The Times". The broadcaster is understood to be in talks with film-makers over securing the rights to distribute film via satellite. Viewers would load the films onto a personal video recorder with enough electronic storage space to hold a library of programmes. The service would challenge the video-on-demand services already provided by cable-television companies. S*y will take its first step towards the service at Christmas, when it launches a new version of its S*y+ personal video-recorder service. The new version will have much greater memory capacity, and will retail for £399. Europe RECORD TV VIEWERS FOR OLYMPICS The International Olympic Committee expects that 3.9 billion people will watch this year's games on television, with more than 300 channels set to transmit about 35,000 hours of coverage. At the 2000 Games in Sydney, 29,600 hours were broadcast to 36.1 billion households. According to the IOC, more than 60 per cent of broadcasters have promised to enhance their coverage compared with four years ago. NBC alone is promising 1,210 hours, three times its Sydney coverage, while Canada's CBC and TSN are to provide 440 hours, and CCTV will offer more than 600 hours. In Germany, ZDF and ARD have tripled their coverage to 1,400 hours. And in South Africa, Supersport International, SABC2 and SABC3 will provide 1,965 hours. This year's games also promise mobile phone and online streaming video and highlight clips from several broadcasters, as well as some HD coverage. T-SYSTEMS SUPPLIES OLYMPIC COVERAGE TO BROADCASTERS T-Systems is to broadcasting video, sound and data signals during the Olympic Summer Games in Athens for the European Broadcasting Union (EBU), the Canadian Broadcasting Corporation and ARD and ZDF. T-Systems will also send the video signals of the Olympic football tournament in High Definition Television (HDTV) to Tokyo for Japanese television and broadcast programmes via satellite news gathering (SNG) for the Greek Telecommunications Organization (OTE). The Deutsche Telekom subsidiary is a partner for the EBU during the Olympics. Together with the OTE, T-Systems will send the signals and data via submarine cable from the International Broadcasting Center in Athens to T-Systems' PoP (Point of presence) in Milan as a gateway to Deutsche Telekom's global network. This network will be used to broadcast the data to Germany, Canada and some 70 EBU members in Europe, North Africa and the Middle East. Within Germany, signals will be transmitted to the national broadcasting network of the public service broadcasting organisations which permanently connects state and regional broadcasting studios with high bandwidths. T-Systems will be providing ZDF Mainz, SWR Baden-Baden and RBB Potsdam with sound and video signals, as well as broadcasting-specific signals for reporting, conference and data applications. Germany KIRCH AND UNIVERSAL STUDIOS CLOSE TO SETTLEMENT Universal Studios is close to an out-of-court settlement in its four-year-old lawsuit with bankrupt German rights giant KirchMedia. Insiders at Universal and KirchMedia said on August 9 the two sides have agreed on a deal that would see the German group pay Universal $80 million-$100 million in exchange for dropping the suit. Universal first filed against KirchMedia in 2000, alleging breach of contract related to a 10-year output deal Kirch signed with the Hollywood studio in 1996. Kirch allegedly reneged on the deal in 1999, refusing to pay the agreed price for Universal's films and television shows. PROFITS UP AT PREMIERE Pay-TV platform Premiere swung to a half-year operational profit (before interest, tax, depreciation and amortization) of ?18.1 million ($22.2 million) from an $18.8 million loss the previous year, while revenue grew 3.6% to $598 million. Net deficit of $86.2 million was down from $135 million in the same period last year. While Premiere's subscriber base has grown 7.5% to 2.9 million since last year, it has fallen 14.3% since January. VIVA MEDIA REPORTS INCREASED PROFITS German music TV group Viva Media on August 12 announced a profit of ?2 million for the second quarter of this year. The figure is up from a ?424,000 profit over the same period in 2003. Sales at the Cologne-based group slipped slightly, hitting ?27.4 million, a fall from ?29.2 million in second quarter 2003. Last month, Viacom acquired Viva, the main competitor to the company's MTV network in Europe, for around ?310 million. 2Q PROFITS DOUBLED AT PROSIEBENSAT1 Private broadcaster ProSiebenSat.1 Media said on August 13 that second-quarter profit more than doubled, helped by higher sales and cost cuts, while net income rose to ?47.6 million from ?22.1 million a year earlier. Sales in the second quarter rose 6 per cent to ?496 million. The company reiterated its forecast from last month that the TV advertising market would grow 2 per cent this year. ProSiebenSat.1 forecast that EBITDA would rise to ?330 million this year, helped by an increase in sales and lower costs. Sales growth in the second half will be slower than in the first six months, according to chief financial officer, Lothar Lanz. The company said it expected to raise its share of its German TV audience by 0.5-0.6 percentage points in 2004. ProSiebenSat.1 plans to enter the pay-TV market to become more independent from the advertising market, although it will not invest in Premiere, de Posch said. ProSiebenSat.1 abandoned negotiations at the end of July over the purchase of three of Premiere's channels after the companies could not agree on the price. The Sat.1 channel posted a ?38.7 million pre-tax profit, compared with ?8 million a year earlier. Pre-tax profit at the ProSieben channel rose 33 per cent to ?63.1 million; N24 had a pre-tax profit of ?100,000 compared with a ?5.5 million loss; and Kabel 1 more than doubled its profit to ?9.6 million. Spain PRIVATE MEDIA REPORTS Q2 RESULTS Private Media Group, a worldwide leader in premium-quality adult content, announced on August 12 an increase in net income to ?1.2 million for the three months ended June 30 compared to ?0.1 million for the comparable period in 2003. For the three months ended June 30, net sales were ?9.3 million compared to ?10.1 million for the comparable period in 2003. Broadcasting sales increased 128% to ?1.3 million primarily as a result of the broadcasting launch of the proprietary Pay-Per-View Satellite & Cable Television Channel, the Private Fantasy Channel, in the United States in February 2004. Regards Satdude. :D [/QUOTE]
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