Avanti Communications, the troubled London-based specialist satellite operator, received shareholder approval for its restructuring (‘debt for equity’) plan at a special meeting on April 25th. It means that almost 2 billion new shares will be admitted for trading on London’s Alternative Investment Market today (April 26th). However, the restructuring still leaves the company urgently looking […]
LG Electronics has posted consolidated sales of KRW 15.12 trillion (€11.5bn) and operating profit of KRW 1.11 trillion for the first quarter of 2018. Sales rose 3.2 per cent from the first quarter last year and operating income soared by more than 20 per cent, representing the highest first-quarter profit and revenue in company history […]
Technicolor has reported its trading commentary for the first quarter of 2018. The French Media services group said its Q1 performance was in line with last year at constant currency rate but affected by the dollar weakness versus the euro . Market conditions were overall aligned with expectations. For Connected Home, margin pressures remain, but […]
DAZN has secured the rights to show the rematch between British boxers Tony Bellew and David Haye in Germany, Austria and Switzerland. The fight, which takes place on May 5th from The O2 in London, and will be exclusively broadcast in Germany and Austria, and non-exclusively in Switzerland. DAZN subscribers will be able to follow the complete fight […]
TravelXP, the travel and lifestyle channel, says its 4K version will launch over India once it has received a transmission licence. TravelXP, backed by Prashant Chotanhi’s Celebrities Management, has been filming in the higher-standard HDR version of Ultra HD for some years, and is targeting operators such as TataSky and Videocon d2h which have already […]
On the one hand digital cinema is now a global delivery phenomenon. Some 99 per cent of all screens in the US are digital, and a significant percentage of ‘International’ screens are digitally delivering movies. The only exception is the Asia-Pacific region where there are still some 2480 analogue screens, according to data from the […]
Eutelsat Communications has finalised the staffing of its teams in charge of broadband activities with the appointment of Jean-Claude Tshipama, who will be heading Broadband in Africa to promote satellite broadband connectivity in Africa. With an executive MBA and a Master’s degree in economics, Tshipama started his career in the telecommunications industry in the 2000s. […]
In a move that it suggests will bring cinema-inspired viewing to more homes, Toshiba TVs has confirmed that Dolby Vision HDR is to feature on all its 2018 UHD ranges for Europe. “Enabling viewers to take home the movie theatre experience, this collaboration not only raises the bar for general TV viewing standards, but also […]
Dailymotion has released a new version of its online video player offering for publishers. The company says that its Dailymotion Player allows companies to deliver flawless streaming experiences across their owned properties and automatically syndicate their content to a broader audience via Dailymotion’s global publisher network. “This evolution of the Dailymotion Player underscores our attentiveness […]
H&C, the premiere multi-screen TV network for equestrian sports and lifestyle, today announced the launch of a new channel in the US. The initial US channel launch will be on Roku streaming players and Roku TV models. Consumers can subscribe to the H&C channel for $8.99 per month, or $89.99 annually. H&C subscribers will have […]