A consortium of investors led by Far EasTone Telecommunications Co. and Morgan Stanley’s private equity arm are nearing a $2.3 billion deal to buy China Network Systems, Taiwan’s largest cable-television operator from Asia-focused private-equity firm MBK Partners LP, reports the Wall Street Journal. Such a deal would allow Far EasTone to bundle its mobile phone […]
CTC Media, Russia’s leading independent media company, has announced developments in connection with its response to the amendment to the Russian law ‘On Mass Media’, which will impose further restrictions on non-Russian ownership of Russian television companies beginning January 1st 2016. The Company has received a formal, non-binding offer from UTH Russia, a privately held […]
Chicago, the third most populated city in the US, is to raise extra funds by charging a ‘cloud tax’ — taking an extra 9 per cent from the money raised through streaming services such as Netflix and Hulu. The charge, which will also hit music streaming services such as Spotify, could make the city an […]
Facebook is set to start paying some video creators for uploading clips as it seemingly seeks to directly take on YouTube. The social media giant is launching a ‘Suggested Videos’ feed that curates a sequence of clips, interspersed with adverts. Videos that keep users watching for longer will earn a greater share of the revenue […]
Brazil’s Star One C4 satellite was due to launch on an Arianespace rocket on July 8th. That launch has been scrubbed for at least a week. The problem is the risk of oil contamination onto the satellite from an overhead crane at the Kourou space centre. The risk is said to be very small, but […]
A worrying report in Sunday’s ‘Bangkok Post’ newspaper suggests that not all is well with the newly-launched digital TV system. The report concludes that “only a few digital TV operators of the 24 who launched are expected to survive” and already some broadcasters are adjusting their previous business models to attempt to stay ahead. The […]
Global entertainment content market MIPCOM has confirmed that Adam Crozier, Chief Executive of ITV plc, the UK’s leading commercial broadcaster and independent production company, is to deliver the MIPCOM Media Mastermind Keynote at MIPCOM. The MIPCOM conference theme is ‘A New Creative Excellence’. Crozier will discuss ITV’s strategy to build an international content business, including […]
Humax has been awarded Bronze status by BT’s Supplier Forum, a sustainability programme designed for suppliers. The Forum, developed by BT to encourage suppliers to address sustainability challenges in 2012, assesses suppliers against the development and implementation of sustainability policies and practices in ten categories from environment to human rights, labour and ethics. Humax was […]
TVbeat, the TV analytics company, has formed a partnership with Nemo TV, an OTT TV service for Russia and CIS. The strategic partnership means that Nemo TV will have access to TVbeat’s analytics tool, providing them with granular insights about audience viewing behaviour. TVbeat aims to provide Nemo TV with a 360 degree view of […]
The Board of Creative Skillset, the Creative Industries’ skills body, has announced that Seetha Kumar, joining from Pearson, is to be its new Chief Executive. She will succeed Dinah Caine CBE who will move to Chair the Creative Skillset Board. Kumar is currently the Vice President PQI, (Pearson Qualifications International) and brings extensive strategic and […]