Mediaset has acquired a 9.6 per cent stake in the German broadcaster ProSiebenSat.1 Media, corresponding to up to 9.9 per cent of the voting rights, excluding treasury stocks. Mediaset Italia and Mediaset España have a strong relationship with ProSiebenSat.1 in the European Media Alliance (EMA) for five years. In a statement, they said the goal […]
The increasing penetration of OTT is having a negative impact on traditional linear TV in Spain – particularly ad revenues and audience numbers. A report from Zenith Vigía warns of the fact that traditional operators may lose up to 4.3 per cent in ad revenues this year. The consultancy firm estimates that this year TV […]
Sony Entertainment TV is – again – said to be close to buying a stake in Subhash Chandra’s Essel Group which would give Sony a majority stake in India’s major broadcasting conglomerate Zee Entertainment Enterprises. A previous attempt by Sony to take a stake in Essel/Zee failed earlier in April over disagreements over valuations and […]
The FCC has concluded the bidding in Auction 102, the Commission’s second auction of millimetre wave spectrum suitable for 5G, which is providing licences in the 24 GHz band. With the closing of bidding in this auction along with the closing of bidding in Auction 101 for 28 GHz band licences, the FCC has now […]
A report has revealed that the UK’s independent network providers (altnets) increased full-fibre coverage by 30 per cent in 2018, reaching almost 1.3 million premises. Compiled for the Independent Networks Co-operative Association (INCA) by Point Topic, using data from independent network operators, the report – ‘Metrics for the UK independent network sector’ – puts the […]
Despite the increase in popularity of small, portable devices, the television set is getting even bigger – and showing no sign of shrinking down. According to research carried out across Europe by Sony as part of its Evolution of the Living Room report, over a third of people (35 per cent) now want a TV […]
CNN’s president Jeff Zucker held a meeting in London on May 28th and told staff that the international channel was losing almost $1 million a month. A separate report on May 6th talked of 300 jobs going across the CNN group, and mainly affecting long-term staffers. CNN International’s highly-regarded EVP/MD Tony Maddox announced he […]
BT Sport has expanded its availability by launching a new app on PlayStation 4. The app is available immediately on all PS4 consoles to existing BT Sport customers at no extra charge. To celebrate the presence of four English teams across the two UEFA finals, both the upcoming Europa League (May 29th) and Champions League […]
Avanti Communications confirmed May 28th it had secured an extra $55 million of borrowings. Avanti says it will publish its audited financials will be published around June 7th. Avanti says the extra funding is in the form of a two-year lien (“the 1.5 Facility”) at a “payment in Kind” interest rate equal to 12.5 per […]
Pluto TV, the free streaming service recently acquired by Viacom, is strengthening its European distribution with launches on Amazon Fire TV devices and Amazon Fire Tablets in the UK, Germany and Austria. Pluto TV’s thematically curated channels are available on Amazon devices in all three markets effective immediately. In addition, Pluto TV and Viacom International […]