Viacom reported higher second-quarter earnings as expenses declined but revenue fell. Net earnings at the US media conglomerate rose to $266 million from $121 million a year ago. Revenue fell 3 per cent to $3.1 billion. At Viacom’s media networks unit, revenue increased 1 per cent to $2.43 billion, led by growth internationally that offset domestic […]
By augmenting 5G mobile networks with next-generation satellite capabilities, satellite operators have an opportunity to become a major player in the emerging 5G ecosystem, says data and analytics company GlobalData. Sluggish speeds, high latency and lower reliability compared to traditional fiber and digital subscriber line (DSL) options have restricted satellite’s role to being a provider […]
Israeli telco conglomerate Eurocom Group has been ordered by a Tel Aviv court to enter liquidation. The business, which includes a 57 per cent stake in satellite operator Spacecom, and telco Bezeq, will start liquidation proceedings on May 3rd, according to a ruling from Judge Eitan Orenstein. Eurocom is beset with legal problems, not least […]
The increasing array of activities and time spent online as companies develop more services to benefit people’s lives, particularly on smartphones, meant the amount spent on internet advertising hit a high of £11.55 billion in 2017. IAB UK (Internet Advertising Bureau UK) and PwC’s Digital Adspend study says this represents a 14.3 per cent increase […]
A letter to shareholders (and filed with the SEC) from SiriusXM’s CEO Jim Meyer painted a rosy picture of the company’s overall status, and reminding them that the pay-radio business closed its 2017 trading year with a record 32.7 million overall subscribers, with record growth, revenues ($5.4 billion) and profits. The company’s AGM is due […]
Channel 4’s Current Affairs department has commissioned a VR film, Grenfell: Our Home from independent production company, Parable. Thisdocumentary will detail the lives, the homes and community that existed in the tower before the fire of June 14th 2017. The film aims to go beyond the news headlines to bring to life survivors’ stories. Channel […]
Charles Rivkin, Chairman and CEO of the Motion Picture Association of America (MPAA), has highlighted the importance of protecting the creative industries’ intellectual property. Delivering a State of the Industry Address at movie theatre trade show and congress CinemaCon, Rivkin expressed optimism for the industry, based on the MPAA’s continuing work to protect creativity, open […]
South Korea’s electronics giants, LG and Samsung, are enthusiastic supports of the ‘bigger, and even bigger’ trend in terms of TV screens. Japan’s Sony and Panasonic are also happy with the public’s enthusiasm for ever-larger screen sizes, and China’s production factories are gearing up to tap into this growth in demand. Over the past seven […]
Qatar-based satellite operator Es’hailSat says its new teleport, now under construction, will be open for business later this year. This means that locally-based services such as the Al Jazeera family of channels as well as the beIN Sport channel bouquet can be independently uplinked from Qatar to the region’s satellites. Qatar is embroiled in a […]
Mediengruppe RTL Deutschland will start broadcasting its Ultra HD channel ‘RTL UHD’ to German viewers from April 28th, via SES’s HD platform HD+. The Ultra HD channel will begin with the live transmission of the Formula 1 race from Baku, Azerbaijan, and will subsequently broadcast 17 races of the 2018 season, while distributing all the […]