In June 2018, Kerrisdale Capital was firmly backing Intelsat, and in a research note to its hedge fund clients, forecasting the massive profits that it said would follow on from the restructuring of C-band spectrum over the US. It now emerges that Kerrisdale has largely cashed in on its profits and dramatically reduced its Intelsat […]
Australia’s Minister for Regional Services Senator Bridget McKenzie has announced A$10 million in additional funding to secure the Viewer Access Satellite Television Service (VAST) for regional Australians until 2021. VAST provides commercial and national television services free-to-air to around 500,000 Australian viewers in regional Australia, including 30,000 travellers. “Many Australians living in our regions rely […]
Tata Communications, a global digital infrastructure provider, and NEP Broadcast Solutions, a division of NEP Group, are together enabling the remote production of VIVO Pro Kabaddi League (PKL) for Star Sports, the number one sports broadcaster in India and subsidiary of 21st Century Fox. Now in its sixth season, this is the first time that […]
Synamedia, the independent video software provider, will bring its newest solutions to CES 2019, illustrating how pay-TV providers can migrate to the cloud at their own pace, and seamlessly. The company also unveiled new security software that combats the rapid rise in account sharing between friends and families, turning it instead into a new revenue-generating […]
Figures released by industry trade body the British Association for Screen Entertainment (BASE) and based on data from the Official Charts Company and Futuresource Consulting, show that the UK home entertainment market grew by 10 per cent in 2018, bringing the total value of the category to £2.34 billion (€2.6bn). Reflecting the abundance of choice […]
The UK video games sector now accounts for more than half of the UK’s entire entertainment market, according to a report from the Entertainment Retailers Association (ERA). It says the industry is worth £3.86 billion (€4.3bn) – more than double its value in 2007, making it more lucrative than video and music combined. The success […]
The main Italian TV broadcasters achieved a turnover of €8.9 billion in 2017, down by 0.8 per cent on the previous year, but 3.6 per cent higher compared to 2013. The drop was mainly due to reduced revenues from the TV licence fee (-7 per cent), which now accounts for 20 per cent of the […]
German viewers are buying into Ultra HD at a pace. Data from market research company GFU shows that in 2018, German consumers bought some 3.5 million Ultra HD TV sets. GFU’s Consumer & Home Electronics Division said the purchases represent a 53 per cent share of the market in terms of units sold, and at […]
Accedo, the video experience specialist, has raised $17 million in equity to further drive its growth over the coming years. This round of financing was led by SEB Private Equity, a Stockholm based private equity team and already a substantial investor in Accedo. Accedo was founded in 2004 by Michael Lantz and Fredrik Andersson with […]
Streaming platform and device specialist Roku is expanding The Roku Channel to include ‘Premium Subscriptions’. Users will be able to watch both free ad-supported and paid premium entertainment in one easy-to-navigate interface, with personalised recommendations, where they can browse, trial and subscribe to popular services. In addition to 10,000+ free ad-supported movies and TV episodes […]