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Could ITV Digital encryption claims land News Corporation with a £1bn plus bill?

Could ITV Digital encryption claims land News Corporation with a £1bn plus bill?

By Stephen Foster on March 29, 2012

Remember ITV Digital, OnDigital in its first incarnation? It was the pay-TV business set up by Carlton and Granada (who subsequently came together as ITV) which briefly challenged Rupert Murdoch’s BSkyB in the UK pay TV business. ITV Digital eventually subsided in 2002 leaving ITV £1bn or so out of pocket, the most spectacular of [...]

Posted in Finance, Media, News | Tagged 2002 closure, australian financial review, BBC, Chase Carey, cisco, damages, hackers, itv digital, nds, news corporation, news of the world, ondigital, panorama, pbs frontline, permira, phone hacking, Rupert Murdoch, surrey police, £1bn losses

Facebook now worth $100bn as ad revenue heads for $4bn

Facebook now worth $100bn as ad revenue heads for $4bn

By Stephen Foster on May 4, 2011

The only commercial doubt over Facebook was the challenge of converting its humungous global numbers – 500m users and rising – into cash. But now researcher eMarketer says that its ad revenue will hit $4.05bn this year (very precise), up from $1.86bn last year leading to an operating profit of $2bn. In the first quarter [...]

Posted in Finance, Media, News | Tagged Amazon, apple, cisco, comscore, emarketer, facebook, google, groupon, renren

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