Sky has agreed to sell its 20 per cent stake in the online betting and gaming business, Sky Betting & Gaming (SBG) to The Stars Group, a Canadian company listed on both the Toronto and Nasdaq stock exchanges, which specialises in online gaming. This disposal follows the initial sale of Sky’s majority stake in SBG […]
Netflix has announced that it intends to offer, subject to market and other considerations, $1.5 billion worth of senior notes through an offering to qualified institutional buyers. Netflix intends to use the net proceeds from this offering for general corporate purposes, which it says may include content acquisitions, production and development, capital expenditures, investments, working […]
The French football league (LFP) looks set to auction the broadcasting rights for the 2020+ seasons in early June. The current TV rights expire in mid-2020 and are shared between Canal+ (which holds the majority of the rights) and rival beIN Sports. The most recent auction raised some €750 million, but it is widely reported […]
SVoD operators Amazon and Netflix have joined with Columbia, Disney, Paramount, Twentieth Century Fox, Universal City Studios, Universal Cable, Universal Television and Warner Bros to file a lawsuit against OTT service Set Broadcast, claiming it markets and sell subscriptions to Setvnow, a software application that is used as a tool for the mass infringement of […]
The OTT video market in Asia-Pacific (APAC) is crowded and led by regional OTT players, who provide a diverse set of content across multiple languages and genres at competitive price points. Against this back drop, OTT video platforms, content creators and telecom operators must collaborate to boost revenues and profits of their respective businesses, suggests […]
It seems a statement of the obvious but Europe’s Ariane rocket launch company is struggling to compete with Elon Musk’s SpaceX. SpaceX is an extremely competitive alternate to Ariane (and even Russia’s Proton system). President Macron of France, at a public meeting and reported in depth by trade news-site Space Intel Report, admitted that that […]
Swedish media group MTG (Modern Times Group) has posted record Q1 sales of SEK 4,674 million (€450.3m) with 9 per cent organic growth. Profits were up 73 per cent as the group prepares to split into two by spinning off Nordic Entertainment Group. In a statement, CEO Jørgen Madsen Lindemann said: Q1 has been a […]
Spanish TV group Mediapro is launching its S+ channel in Portugal 24/7 on HD via pay-TV platform NOS. Dedicated to health and wellness, the channel will rely on in-house programming to draw audiences. It will also air international documentaries about the latest research and progress in the medicinal industry with regards to health and wellness. […]
Françoise Nyssen, France’s Minister for Culture, has called for the establishment of a blacklist of infringing websites in the fight against audiovisual piracy. Speaking at a reception in honour of French films selected for the Cannes Film Festival, Nyssen noted France’s cinematic cultural heritage, but admitted that this predated the digital revolution, and it was […]
VICE Media, the youth media brand, has officially announced its operations in India to reach the youth population in what will be the youngest country in the world by 2020. The launch comes through a partnership with Times of India Group. VICE India says it will bring locally relevant content to hundreds of millions of […]