Pay-radio operator Sirius XM Canada, an affiliate of the USA’s Sirius XM, is going private. Canada’s Radio-Television & Telecommunications Commission (CRTC) has given its approval to a planned transaction which, it says, “will benefit Canadians and Canadian music artists for years to come”. As a condition of its approval CRTX has directed that Sirius XM […]
Comcast, the US telco and largest broadcasting and cable television company in the world by revenue, has reported results for the quarter ended March 31st 2017. Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, “2017 is off to the fastest start in five years. We are reporting outstanding growth at Cable […]
Having signalled his preference for such a move in a keynote speech at the Mobile World Congress in Barcelona at the end of February, FCC Chairman Ajit Pai has confirmed his intention to reverse predecessor Tom Wheeler’s ‘Open Internet’ policy designed to ensure net neutrality. In a speech at the Newseum in Washington, DC on […]
Elon Musk’s SpaceX rocket company, which also has plans afoot to build and launch its own ‘super-constellation of more than 7500 V-band satellites, is objecting to Jersey-based OneWeb and its potential financial partner SoftBank of Japan with their plans for its 648-satellite constellation. SpaceX’s complaint is that the OneWeb/SoftBank financial structure is far from clear. […]
Arianespace is firmly getting back to work, and says that a much-delayed launch of a two satellites for ViaSat and Eutelsat, will go ahead on June 1st. The pair had initially been scheduled for launch this week, on April 25th, but the date had slipped because of region-wide strike in French Guiana which shut the […]
LG Electronics has announced first-quarter 2017 revenue of KRW 14.66 trillion (€11.65bn), an increase of 9.7 per cent from the same period last year. LG nearly doubled its operating income to KRW 921.5 billion. LG Home Entertainment Company recorded its highest first-quarter operating margin of 8.8 per cent on sales of KRW 4.33 trillion, largely […]
Technicolor has reported its Q1 2017 numbers. The French media and entertainment giant said that performance in the first quarter was in line with Group’s expectations and the outlook for 2017 remains unchanged. A company commentary said: “During the first quarter, revenues were down year-over-year, as expected, due to an unfavourable comparison basis in the […]
Intelsat’s Q1 saw overall revenues of $538.5 million [€493m] (down 2.6 per cent on 2016 y-o-y from $552.6 million) but with considerable shrinkage of its all-important backlog. This latest quarter-year saw backlog (the value of contracts in hand) and which are currently valued at $8.5 billion, reduced from $9.3 billion at the same time last […]
The top TV moments from shows most valued by licence fee payers have been revealed by TV Licensing, the collection of companies contracted by the BBC to administer the collection of television licence fees and enforcement of the television licensing system. Dancing bears from Planet Earth II topped the list of memorable TV moments Twitter […]
Iflix, the SVoD service for emerging markets, announced the launch of its service in eight territories across the Middle East and North Africa (MENA) region. Consumers in Saudi Arabia, Jordan, Iraq, Kuwait, Bahrain, Lebanon, Egypt and Sudan can now sign up for a 30-day free trial, giving them unlimited access to thousands of TV shows, […]