Tech
Canis Media buys My Phone TV from Gems TV
Published Tuesday, Jul 19 2005, 02:46 BST | By James Welsh
My Phone TV has been bought from Gems TV by the Canis Media Group.
Out of four major transactions so far this year, this is the only acquisition. Canis Media sold Majestic TV in January, and sold TV Warehouse along with TV Warehouse Select in May.
"There were rumours after we sold TV Warehouse that I might be about to retire," said Ed Hall, Canis Media Group founder and CEO. "This acquisition signals that we are still active in the UK market. Our main corporate focus for this year is European development, and we are planning launches in several overseas markets."
Gems TV said the disposal of My Phone TV fits with its plans to concentrate on its jewellery operations.
"Since we merged Gems TV with Thaigem earlier this year, the business has now successfully sold off all non jewellery divisions," explained Clive Bryant, Gems TV COO. "We are now completely immersed in our international expansion plans for Gems TV."
Out of four major transactions so far this year, this is the only acquisition. Canis Media sold Majestic TV in January, and sold TV Warehouse along with TV Warehouse Select in May.
"There were rumours after we sold TV Warehouse that I might be about to retire," said Ed Hall, Canis Media Group founder and CEO. "This acquisition signals that we are still active in the UK market. Our main corporate focus for this year is European development, and we are planning launches in several overseas markets."
Gems TV said the disposal of My Phone TV fits with its plans to concentrate on its jewellery operations.
"Since we merged Gems TV with Thaigem earlier this year, the business has now successfully sold off all non jewellery divisions," explained Clive Bryant, Gems TV COO. "We are now completely immersed in our international expansion plans for Gems TV."
More: Tech, Satellite TV
Apple News
Apple's tablet market share declinesThe iPad's share of the tablet market shrinks by 7% as Kindle Fire gains ground.
Android News
Android 5.0 'Jelly Bean' launch rumouredGoogle rumoured to be fast tracking new OS in response to Windows 8 launch.
Satellite TV News
Sky Sports F1 to launch on March 9Broadcaster readies major ad campaign for its first ever channel dedicated to one sport.
Cable News
Virgin Media to sponsor Eurogamer ExpoThe cable operator to power the expo with its broadband network.
Freeview News
BBC to broadcast London 2012 live in 3DLive coverage is coming of opening and closing ceremonies, Men's 100-meter final.
Video on Demand
Netflix pays out $9m in privacy suitNetflix pays out $9m in compliance with the Video Protection Privacy Act.
