Archive for the ‘Media Control’ Category

SiriusXM snubs Liberty Media's takeover attempt — again

Sirius XM Radio Inc. delivered a counterpunch Friday to Liberty Media's hostile takeover attempt in a brief it filed with federal regulators.

Liberty Media in March threw the first punch byasking the U.S.Federal Communications Commission togive it control overSiriusXM's operating licenses. Liberty argued that its 40% stake in SiriusXM gave it "de facto" control over the satellite radio company. It refined its argument further last Thursday, arguing that its stake, and control over five of the 13 seats on the Siriusboard is "more than sufficient to determine the outcome of matters submitted to a vote of shareholders."

SiriusXM took umbrage over the characterization. In a brief filed with the FCC, SiriusXM scoffed at Liberty's argument that "40 is the new 50."

"There is no support for the remarkable proposition that a... 40% minority interest, standing alone, is sufficient to bestow control of a public company," wrote SiriusXM's attorneys, who urged the agency's commissioners to dismiss Liberty's request.

Calls to the FCC were not returned, and Liberty Media's spokeswoman did not respond to requests for comment.

Eddy Hartenstein, publisher of the Los Angeles Times, is a non-executive chairman of the SiriusXM board.

The tussle for control over SiriusXM, whichtopped $3 billion in revenue in 2011, stems from a Faustian bargain its chief executive, Mel Karmazin, made in 2009to accept a $530-million loan fromLiberty Media's chairman, John Malone. The money, which has since been repaid, saved SiriusXM from having to file for bankruptcy protection.

The deal also gave Liberty Media a 40% stake in Sirius and five seats on the company's board. But it handcuffed Malone from making further moves to take over SiriusXM at least until thisMarch. When those restrictions expired,Liberty Media made its first moveby petitioningthe FCC for a transfer of SiriusXM's operating licenses.

For now, that's the least expensive path to gaining control of SiriusXM. But Liberty has other options, which it outlined in its petition last week to the FCC. Those include accumulating enough shares of SiriusXM to boost its stake above 50%and staging a boardroom coup bycalling "a meeting of Sirius stockholders" and putting the matter to a vote. But doing so could trigger a big tax bill for Liberty Media if the transaction is deemed to be an acquisition.

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SiriusXM snubs Liberty Media's takeover attempt -- again

Mr. Z – Mine Mine Mine (Official Video) – Video

16-04-2012 08:26 With a blend of dancehall, reggae and soca in his voice, Mr. Z is one of Europe's hottest, if not the hottest, most promising caribbean entertainers that is jammin the scene right now. A true Ambassador for world music.With indian-surinam-trinadian and guyanese blood he is a true representative for the west-indian and caribbean community. licencing contact:

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Mr. Z - Mine Mine Mine (Official Video) - Video

EMC Isilon's Star Shines With Top Media Companies

LAS VEGAS, April 17, 2012 /PRNewswire/ -- NAB Show --

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EMC Corporation (NYSE: EMC - News) today announced at the NAB Conference that EMC Isilon continues to be the preferred scale-out NAS solution of choice for media organizations' broadcast and production storage needs. Organizations across the globe continue to turn to Isilon for scalable, flexible, and powerful storage solutions to address their growing data needs, from initial media creation to management and production to content delivery and archiving.

Isilon has helped some of the world's biggest media companies take control of their storage. By consolidating silos, streamlining processes and simplifying the ability to quickly adapt to dynamic workflows, media and entertainment companies have benefited from increased data performance and capacity. Streamlined management and planning have also allowed companies to cut costs and future-proof their investment in Isilon and in their own long-term growth.

Livestream, the leading provider of live event streaming, needed a storage solution to scale with its rapidly growing user demand, and to accelerate the performance of its data-intensive broadcasting operations. Through EMC Isilon, Livestream has seamlessly scaled storage nodes to meet increasing capacity needs while reducing IT management time and operating costs. For more, please see the full release, announced this week at NAB.

Neoscape, an industry-leading 3D visualization services provider, uses Isilon's scale-out NAS storage systems to manage its growing volumes of rich media, empowering artists and designers to share and collaborate. Neoscape has increased the speed to access files fourfold, providing customers with faster response time. The founder, Nils Norgren explained the process: "EMC Isilon has given us a powerful and integrated system and has enabled us to increase throughput by 400%, with a greatly simplified architecture."

The Associated Press, the global news wire, deployed EMC Isilon scale-out NAS in January 2012, to support the Big Data demands of its high-definition video production and archive workflows. The AP was able to simplify IT management, accelerate content access and seamlessly scale to meet capacity and performance needs all while lowering storage and IT costs. "With EMC Isilon, we don't have to compromise capacity for performance we can grow both simultaneously. EMC Isilon has given us a competitive advantage over other content providers, something that is more important than ever in today's media climate," said Don Merrick, the AP's storage and backup services manager.

Corus Entertainment, Canada's premier integrated media and entertainment company, uses EMC Isilon for a complete storage management solution, allowing the company to focus on creating content, not managing or storing it. "Corus owns 37 radio stations, and brings specialty and pay television programming to audiences across Canada. Our storage architecture needs to be fast and flexible," said Kevin Harkins, engineering supervisor, Corus Entertainment. "The EMC Isilon system gives us a single solution that takes care of storage management so that we can focus our efforts on developing great content."

John Wiley & Sons, Inc., global publisher, was feeling the pressure facing the publishing industry to increase rich-media content creation and struggled to find the right storage solution to manage this newly created content. The company deployed Isilon's scale-out NAS storage systems across eight global locations to replace its cumbersome and disjointed IT infrastructure, streamline data access and reduce management costs. "Since working with EMC Isilon, we no longer have to worry about storing or managing our digital files. As a company that's been around for over 200 years, we are used to thinking long-term. We trust Isilon will go the distance with us," said James Sample, Director, WAN Performance & Reliability at Wiley & Sons.

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EMC Isilon's Star Shines With Top Media Companies

Malaysia proposes draft law on civil rights reforms

April 18, 2012 3:09 pm

The Printing Presses and Publications Bill 2012 would moderate theHome Ministers power to grant or refuse publishing permits tonewspapers, magazines and other publications.

"This is an important step forward for media freedom in Malaysia,"Prime Minister Najib Razak said. "I pledged to overhaul thedecades-old media licensing regulations and today I have delivered onthat promise." Under the new bill, publications would still need a permit fromthe home minister, who can decline if it represents a risk of socialunrest or to national security. But media outlets would no longerhave to apply for a new one every year.

The bill also allows for a court to revise the ministerslicensing decisions.

On Tuesday, the parliament passed a bill that effectively repealedthe countrys draconian Internal Security Act, which allowed for theindefinite detention of anyone considered a threat to nationalsecurity.

The repealing bill still has to pass the Senate, which isdominated by ruling party members, and be signed into effect by theking, but Tuesdays decision was seen as a significant step inNajibs campaign to reform the legislation on civil liberties.//DPA

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Malaysia proposes draft law on civil rights reforms

Alma Media to join the city of Helsinki's climate covenant

Alma Media Corporation Press release 17 April 2012, at 9.30 (EEST)

ALMA MEDIA TO JOIN THE CITY OF HELSINKI`S CLIMATE COVENANT

Today, Alma Media, together with the other companies in the Climate Partners network, signed a climate covenant with Jussi Pajunen, the Mayor of Helsinki. In the covenant, the companies identify the measures they will take to control climate change in their own operations.

The aim of the Climate Partners is to bring a group of pioneers together around the same table and find new practices for fighting climate change through cooperation. Another aim is to strengthen the companies` competitiveness and find new business opportunities.

Alma Media`s climate goals

"In 2011, we conducted a significant study on the environmental impacts of media, the results of which have already helped us not only reduce our own environmental impact, but also engage media users and advertisers in a discussion on how to reduce theirs. The Climate Partners network is also important because it shows how increased environmental awareness translates into concrete measures in the world of business" says Rauno Heinonen, Vice President, Corporate Communications.

Alma Media has agreed to build economically and socially sustainable media and to consider responsibility when developing its business operations. The company reports its own environmental impacts openly and encourages all media users and advertisers to reduce their own climate impacts derived from media use.

Alma Media aims to reduce emissions directly as follows:

A network of pioneers

The Climate Partners network, a joint initiative of the Confederation of Finnish Industries and the City of Helsinki, includes Alma Media, Forum Virium, Elisa, Helsingin seudun Kauppakamari, Kesko, Kiinteist-Tapiola, Lassila & Tikanoja, Lemminkinen, Logica, Martela, NCC, Nordea, Paulig, Siemens, Skanska, Sponda, Stockmann, VR Group, VVO and YIT. The president of the Climate Partners is Pekka Sauri, the Deputy Mayor of Helsinki, and the network is coordinated jointly by the City of Helsinki Environment Centre and Economic Development.

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Alma Media to join the city of Helsinki's climate covenant