Orbit | mediaME

Samir M. Abdulhadi named chairman of Panther Media Group Limited

Mon, 2011-08-15 06:15 - By

Media Business, Media, Noorsat WLL., Orbit, OSN, Panther Media Group Limited, PMGL, Samir M. Abdulhad, Saudi Stock Exchange, Showtime Arabia

Two Arabsat satellites delivered in orbit

Tue, 2010-07-27 19:15 - By

editor

Media Business, Media, Arabsat, Arabsat-5A, Ariane 5, Astrium, Badr-5, Eurostar, In-Orbit Testing, Orbit, Proton, Thales Alenia Space

The Arabsat-5A and Badr-5 satellites have been handed over to Arabsat by Astrium and Thales Alenia Space as part of the in-orbit delivery contract andhave entered commercial service. Both satellites have been deployed and tested in orbit in the same period due to their close launch dates.

Showtime-Orbit merger now affecting jobs

Mon, 2009-12-07 15:57 - By

editor

Media Business, Media, Orbit, pay-TV, Rapid TV News, Showtime

Rapid TV News reports that the Showtime-Orbit merger has now started to affect jobs. The first batch of lay-offs has already started in Orbit’s headquarters located Bahrain.

Dubai-based trade magazine, Digital Production Middle East, has reported that employees have been notified and redundancies are mostly affecting commercial and marketing departments.

The consolidation of the two pay-TV companies is expected to lay-off even more jobs in the near future.

What's next for Showtime-Orbit deal?

Wed, 2009-08-12 07:12 - By

editor

Media Business, Media, Arab Radio & Television, Gulf-DTH, Kipco, Mawarid Group, Noorsat, Orbit, pay-TV merger, Showtime Arabia, Viacom

Rapid TVNews reports that the pay-TV merger between Showtime Arabia and rival Orbit was concluded on time at the end of last month, according to reports out of Kuwait on Aug 11. A statement from Kuwait-based Kipco said the agreement was formally wrapped on July 31.The deal was announced last month, although no official valuation was given other than a very vague statement that the merger was worth “billions”. Neither was any information given as to who initiated the “merger”, although it is widely spoken of as a Showtime Arabia initiative. Showtime Arabia had reportedly bought out its Viacom minority partner in its Gulf-DTH operation. Kipco, an investment vehicle ultimately controlled by the Kuwait royal family, already controlled 75.3% of Gulf-DTH.