Troubled satellite operator Avanti Communications has restructured a considerable portion of its debt, converted the bulk into equity and at the same time extending its borrowings. The new refinancing is a classic ‘debt for equity’ deal, Working capital improves but at a much lower rate of interest (from 10 per cent to 7.5 per cent). […]
Speciality business news channel CNBC is to open a news hub in Abu Dhabi. The move echoes similar moves by CNN and Sky News, both of which have significantly beefed up their presence in the Gulf, either in Dubai or Abu Dhabi. CNBC is building a new studio at Abu Dhabi’s Global Market (ADGM), the […]
Facebook and WWE (World Wrestling Entertainment) have announced a new in-ring series, Mixed Match Challenge, that will stream live in the US exclusively on Facebook on Tuesday nights beginning January 16th. The 12–episode series will air on Facebook Watch and feature WWE Superstars from both the Raw and SmackDown Live rosters competing in a single-elimination mixed tag-team tournament to win $100,000 […]
PBS America, the British TV channel from America’s Public Broadcasting Service (PBS) has launched on Freeview channel 94. The announcements marks Freeview’s 12th and final channel launch of 2017. Since launching in the UK, PBS America has carved out a niche in factual programming, including showcasing the American public service broadcaster’s multi-award-winning Nova, Frontline and […]
Globecast, the global solutions provider for media, has announcedthe promotion of Sylvain Merle to Chief Operating Officer, effective immediately. He will replace Philippe Fort, who previously held that role for 16 years before announcing his retirement earlier this year. Merle joined Globecast in January 2017 as CTO, ensuring that the company’s technical and economic approach […]
Following on from news that Saudi Arabia will permit cinemas to be established in the country, Saudi Arabia’s Public Investment Fund has confirmed that it has signed a Memorandum of Understanding with US and China-backed AMC Entertainment. AMC, owned 75 per cent by China’s Dalian Wanda Group, and claims to be the largest cinema group […]
NHK World TV, Japan’s sole public English-language channel is now available on the cable network of Unitymedia in Germany. The free-to-air channel has joined the basic, unencrypted line-up accessible by all cable TV households. NHK World TV is a 24/7 public television network featuring original programming from NHK (Japan Broadcasting Corporation). It delivers a diverse […]
Kids channel OKIDOKI has launched on Amazon Channels in the UK. Amazon Channels, available for Amazon Prime members in the UK and Germany since May 2017 with more than 40 subscription TV channels, welcomes OKIDOKI kids channel in the UK for £3.99 per month. OKIDOKI offers an original selection of cartoons, shows and films for […]
Tchouaaa, a Pan-African network, has launched exclusively dedicated to all foods from Africa and its diaspora. Tchouaaa, is a bilingual network (English/French), focused on Pan-African Food, based in Africa, made by Pan-African people, for all food lovers. Tchouaaa intends to deliver innovative and creative Pan-African food contents, mostly made in Africa. Tchouaaa TV states it […]
The European Parliament has confirmed by 365 to 256 that the ability of users to access all their media across Europe will be restricted to news and current affairs – effectively upholding geoblocking on most content and flying in the face of the Commission’s Digital Single Market proposals. The EC’s SatCab proposals had been designed […]