The next round of auctions for the TV rights to live Premier League football opens next week, but BT’s CEO Gavin Paterson has downplayed their importance, saying the company has a ‘Plan B’ if the cost rises beyond what they’re willing/able to able. Asked if BT’s business model could work if it was shut out […]
According to Paolo Pescatore, VP, Multiplay and Media, CCS Insight, BT’s Q3 results indicate a “somewhat challenging” quarter for the company, especially for Global Services. Reported revenue was down 3 per cent to £5.97 billion (€6.8bn) and underlying revenue down 1.5 per cent. “Worrying times for the consumer unit, with another quarter of line losses […]
Sony’s CEO Kazuo Hirai is to step down from his role. Effective April 1st the new CEO will be the company’s current CFO, Kenichiro Yoshida. Hirai will become the company’s Chairman. A statement from Hirai says: “As the company approaches a crucial juncture, when we will embark on a new mid-range plan, I consider this […]
On February 4th, Super Bowl LII takes place in Minneapolis pitting the Philadelphia Eagles against the New England Patriots. Wochit, the video creation platform, reports that this year a 30 second ad-slot for the most-watched TV event in the world will cost £3.6 million (€4.1m). Dror Ginzberg, CEO of Wochit, commented “Once again, the price […]
Spain’s pay-TV share reached 22.8 per cent in January, the highest in its history according to the Barlovento Comunicación firm. IPTV took 10.1 per cent followed by cable with 9.8 per cent and satellite with 2.8 per cent. DTT is the most used distribution system to watch TV in Spain with 76.8 per cent. Spaniards […]
Kagan, a division of S&P Global Market Intelligence, has published its latest State of Global 4G report. Of the 42 4G countries covered by Kagan, Denmark boasts the world’s highest 4G penetration rate at 83 per cent of total mobile subs, followed by South Korea at 76 per cent, and Australia at 65 per cent. […]
ProSiebenSat.1 and Discovery Communications have announced the appointment of Alexandar Vassilev as the CEO of 7TV, its joint premium direct-to-consumer entertainment streaming service in Germany. Vassilev joins from Google and starts with immediate effect. He is responsible for the strategic growth and development of this ambitious new consumer digital service in the German market which […]
YouTube TV, a cable-free live TV service in the US, is now available on Roku players and Roku TVs. YouTube TV allows users to stream live sports, local and national news, and must-see shows for $35 per month. Currently YouTube TV is available in over 80 metro areas in the country.
Nokia returned to operating profit in 2017 as new technologies helped to relieve some pressure from its declining network business. Operating profit was €16 million last year, up from a loss of €1.1 billion in 2016. The Technologies business, which includes areas such as digital health and patent licensing, was the top performer with revenues […]
Charter, the number 2 ranked US cable operator, reported a modest increase in revenue but wider video subscriber losses in the third quarter ending September 30th. Revenue of $10.5 billion increased 4 per cent due to residential revenue growth of 4 per cent and commercial revenue growth of 8 per cent, while advertising revenue dropped […]