A new estimate from the European Union Intellectual Property Office (EUIPO) puts the annual losses due to counterfeiting and piracy across 11 key economic sectors in the EU at up to £49 billion (€60bn) each year. The updated analysis puts the overall losses at 7.4 per cent of all sales in the following sectors: cosmetics […]
Telecom Italia (TIM) and Italian publishing group GEDI have reached an agreement to sell broadcast infrastructure and services unit Persidera for €240 million. The buyers are infrastructure investment fund F2i and broadcasting tower operator EI Towers, both based in Italy. TIM owns 70 per cent in Persidera, while GEDI owns the remaining 30 per cent. […]
Many Americans believe they will use more subscription services in the future. But when it comes to video streaming, more options doesn’t mean consumers will drastically increase the number of services they’re willing to pay for. The dominant players in the field—Netflix, Amazon Prime Video and Hulu—are already pushing people’s spending limits. But consumer behaviour […]
German broadcaster ProSiebenSat.1 and the local unit of RTL Group have agreed a joint venture to enable buyers of adverts to target audiences more accurately. The initiative seeks to take-on Facebook and YouTube, which are both ad-funded, and SVoD services like Netflix and Amazon Prime Video. Expanding an existing ad alliance, the partners said the […]
US consumers are now spending more time using their mobile devices than watching TV, with smartphone use dominating that time spent, according to eMarketer. Consumers’ use of smartphones will continue to make up the majority of their media consumption, but eMarketer predicts that use will plateau by 2020, as consumers become increasingly uneasy about overuse […]
At the Channel 4 Upfronts event in London, Chief Commercial Officer Jonathan Allan announced to members of the advertising community the development of a new first in broadcaster VoD advertising. Codenamed “Project Agora”, this Channel 4-developed technology will enable advertisers to match their own custom audience segments across Channel 4 platforms in a cookie-less, GDPR […]
According to a study by Futuresource Consulting, overall eSports industry revenues are set to exceed $900 million (€799.2m) this year with an 18 per cent 19-23 CAGR expected, driving revenues through the billion-dollar mark in 2020 and onto $1.8 billion by 2023. As key events attract viewing figures comparable to tier 1 sporting competitions, securing […]
US pay-radio operator SiriusXM initially planned to raise $1 billion of fresh borrowing but such was the positive market response that it increased the amount to $1.25 billion (in the form of Senior Notes due 2029) and priced at 5.5 per cent. The company says it will use the borrowing to repay a portion of […]
The Euskaltel Group’s Board of Directors has unanimously agreed to appoint José Miguel García as the Group’s new CEO, following a favourable report from the Appointments and Remunerations Committee. The Board said it regards García as the right professional to update and invigorate the Euskaltel Group’s Business and Action Plan in the coming years and […]
Dish TV, not content with its March 2018 merger with Airtel’s Videocon d2h and the possibility of another, even larger, consolidation with Mukesh Ambani’s Reliance Jio cellular operation, is also looking to add a net 1.4 million additional subscribers this year. It could be a big ‘ask’ given that its Q4 numbers added a modest […]