A major update appears to be imminent for Apple TV and iTunes users, as the tech giant prepares to bring 4K and HDR video to its digital store and set-top box. Until now, Apple has only sold and rented digital content in SD or HD, but users in the UK have reported noticing references to […]
Discovery’s Q2 net income dropped 8 per cent to $374 million. The company attributed the downturn to currency fluctuations and losses from investments – including in solar. Revenues for Discovery rose 2 per cent to $1.745 billion. At Discovery’s US networks, operating income rose 4 per cent to $567 million. Revenues rose 2 per cent […]
Amazon has revealed plans to increase investment in video content for its Prime Video service during Q3, despite reporting a year-on-decline in net income during Q2. Speaking on the company’sQ2 earnings call, CFOBrian Olsavsky said that Amazon would continue to build on its momentum in the video space, after it took a “significant step up” […]
Greece is looking to raise at least €245 million for the 7 national broadcasting licences on offer in an auction by the Greek state. The highly controversial starting price has been set by the country’s National Council of Radio & Television (ESR). Many local commentators say that it is doubtful whether there are enough candidates […]
Asia Pacific OTT revenues from TV episodes and movies will reach $24.41 billion (€27.28bn) in 2022; triple the $8.27 billion recorded in 2016, according to analyst firm Digital TV Research. The total will increase by nearly $3 billion in 2017 alone. China will command half of the OTT revenues for the 22 countries covered in […]
Egypt’s powerful National Media Authority is objecting to a move by the government-owned National Investment Bank (NIB) to take a 40.5 per cent stake in Cairo-based satellite operator Nilesat. The stake is currently ‘owned’ by the country’s public broadcaster, the Egyptian Radio & Television Union (ERTU). In the past, there have been complaints that ERTU […]
BBC Worldwide has agreed a multi-year licensing deal with Amazon Prime Video, giving its subscribers in the UK and Ireland access to a raft of popular children’s TV series from CBeebies and CBBC. The deal marks BBC Worldwide’s first children’s package on Amazon Prime Video in the territory. Content covered by the non-exclusive agreement includes […]
TP-Vision – brand licensee for the design, manufacturing and marketing of Philips TVs – has confirmed that the company’s new 6162 and 6262 2017 range of Philips Smart TVs will be the first Philips sets to feature the Freeview Play service in the UK. Freeview Play combines catch-up, on-demand services and live television together in […]
Saudi Arabia’s Ministry of Culture & Broadcasting has once again formed a special “high committee” to examine the nation’s broadcasting option. Various other attempts have been made over the years to upgrade and improve the country’s TV and radio output in terms of on-air quality. The intention is to develop the country’s public broadcaster Saudi […]
Music streaming service Pandora, now with pay-radio operator SiriusXM seeking regulatory approval to be a major 16 per cent investor, is closing access in Australia and New Zealand effective immediately. Pandora opened for business in Australia and New Zealand in 2012. Reportedly, Pandora has some 5 million registered users in the two countries. Pandora is […]