- Deals Sealed — OlympuSAT, a multimedia company, turnkey service provider and distributor, signed a multi-year, multi-transponder deal with Intelsat to continue to distribute their bouquet of programming to millions of U.S. cable, satellite and other video providers. Under the terms of the contract, OlympuSAT has renewed and expanded its capacity on Intelsat’s Galaxy 23 satellite located at 121° W. Strategically positioned in the middle of the North American Cable Arc, Galaxy 23 is part of Intelsat’s Galaxy Neighborhood, which serves nearly 8,000 cable headends. The three areas of programming available from OlympuSAT include: Spanish language, faith and families, and top independent networks like FUNimation, the nation’s leading anime service.
- Financially Speaking — GeoEye, Inc. (NASDAQ: GEOY) reported that the Company is restating its financial statements for the years ended December 31, 2005, 2006 and 2007 and quarterly information for such periods and for each of the quarters ended September 30, 2007 and March 31, 2008. Full details here...
Satnews Daily
August 14th, 2008
ORBITZ