Hopster, a preschool education and entertainment digital platform, has announced the completion of a substantial equity investment round, led by Sandbox and Venture Founders. Following the transaction, Sandbox will now hold a majority stake in the business. Financial details of the funding round were not disclosed. Hopster said it has plans “to accelerate its strategic […]
Viu, a pan-regional OTT video service from PCCW Media Group, has announced a content collaboration deal with Discovery Networks Asia Pacific, bringing Discovery‘s real life entertainment to the expanding digital audiences in Southeast Asia via Viu. Janice Lee, Chief Executive Officer of Viu, said: “Having firmly established a highly engaged user base in the past […]
Reggy Moalusi has been appointed the new Executive Head of Corporate Affairs for MultiChoice South Africa. In his role at the pay-satellite broadcaster, Moalusi will focus on the broadcaster’s key priorities to maintain trust and credibility of the corporate brand to all of its stakeholders. Moalusi has extensive experience in the media industry holding various […]
European content (film and TV) represents 30 per cent of all content found on TVoD and 26 per cent of SVoD in the EU if considered as film and TV series titles and/or seasons (as opposed to individual episodes) according to the latest report from the European Audiovisual Observatory. Counting individual episodes, European content (film […]
A report from Estudio General de Medios (EGM), responsible for measuring audiovisual audiences in Spain, reveals that OTT and SVoD is increasingly gaining momentum with a penetration of just over 38 per cent achieved in the last four years. Netflix is the market leader, taking 32.7 per cent of all VoD subscriptions, with HBO and […]
Four-fifths of broadcasters are considering implementing ads tailored to the consumer but are increasingly falling behind streaming services as a result of hesitance around adopting cloud technologies, according to research carried out on behalf of ATEME, a specialist in video delivery solutions for broadcast, cable, DTH, IPTV and OTT. The survey of those in middle […]
Eutelsat has spent the past few days meeting financial analysts, and supplying its mid-term outlook as to its trading expectations. One investment bank, in a note to clients, advised that Eutelsat reaffirmed its mid-term outlook of a return to group top line growth driven by positive stability in revenues of the core Video broadcast business […]
Spain, with 24 5G projects under way, is the European country with the largest number of initiatives to implement the 5G technology in Europe, according to the Minister of Economy, Nadia Calviño. The Minister presented a new 5G pilot in Seville, in Andalucia, called 5G Andalucia, carried out by Vodafone and Chinese firm Huawei, set […]
UK media regulator Ofcom has concluded that no changes are needed to the licence of UK commercial broadcaster Channel 5 following the merger in the US between CBS and Viacom. Viacom has owned Channel 5 since May 2014. Ofcom is required under the Communications Act to review any change in control of the Channel 5 […]
On-demand platform Rakuten will exclusively release Matchday – Inside FC Barcelona for free across 42 European countries, including the UK, as well as in Japan, on November 29th. The series, which consists of 8 x 45min episodes, follows the famous football club and its players through milestones of the 2018-2019 season, casting new light on […]