Premiere considers separation from Kudelski
The pay-TV channel Premiere, which is deep in the red, is being hit hard by "black viewers". They were able to crack the broadcaster's encryption technology, which originated from Kudelski. Premiere is now considering terminating its partnership with the Vaud-based technology company.
The pay-TV channel Premiere, which is deep in the red, is being hit hard by "black viewers". They were able to crack the broadcaster's encryption technology, which originated from Kudelski. Premiere is now considering terminating its partnership with the Vaud-based technology company. A decision will be made in the next four weeks, the broadcaster announced in Munich on Thursday. Premiere is seriously considering a switch to NDS. Kudelski's US competitor belongs to Premiere's new shareholder Rupert Murdoch. The media mogul recently acquired a stake of just under 15 percent in Premiere.
In this context, Kudelski referred last week to a contract running until 2012. Premiere CEO Michael Börnicke replied that the contract with Kudelski could be terminated prematurely in certain cases.
Due to the hacker attacks, Prime's Christmas business suffered (see
). The Group has been struggling with difficulties for some time and remained deep in the red last year with a loss of 51.6 million. The cracked technologies also have consequences for Kudelski: The shares came under pressure.
In this context, Kudelski referred last week to a contract running until 2012. Premiere CEO Michael Börnicke replied that the contract with Kudelski could be terminated prematurely in certain cases.
Due to the hacker attacks, Prime's Christmas business suffered (see
). The Group has been struggling with difficulties for some time and remained deep in the red last year with a loss of 51.6 million. The cracked technologies also have consequences for Kudelski: The shares came under pressure.
