Intelsat’s CFO, Jacques Kerrest, plans to retire. He will continue in his role through the spring until a successor is appointed to ensure a smooth transition of duties. Since joining Intelsat in February 2016, Kerrest played an instrumental role in successfully completing $15.5 billion in debt and equity transactions, achieving an improved capital structure for […]
The Spanish Government has proposed €50 million in grants in the 2019 state budget to help Spaniards retune their antennas in the second digital migration. This will be just an initial compensation – since the first DTT migration in 2015 the Administration has granted €289 million. DTT migration is set to begin in February when the […]
TiVo has opened another round of patent claims against Comcast over its set-top IP. The lawsuit has been filed in a California court under TiVo’s owners, Rovi Corp, and the new complaint relate to advanced DVR functionalities, such as cloud or network recording and whole-home or multi-room DVR arrangements. “Litigation is always a last resort, […]
A report by global digital infrastructure provider Tata Communications examining the commercial transformation of sports identifies 2019 as a defining tipping point for the global sports industry, with digital technology innovation set to kick-start a new era of unprecedented commercial growth for broadcasters, rights holders and sports organisations. The Show Me the Money! report – […]
Soon after UK’s Zegona had announced a capital enlargement of over €100 million to become the largest shareholder in the company, Basque Country-based telco operator Euskaltel has unveiled plans to increase revenue by 30 per cent to €800 million by 2022. In its Business Plan 2022, the company forecasts that the EBITDA will reach €400 […]
A study from Juniper Research has found that revenues from VR-specific games will reach $8.2 billion (€7.1bn) by 2023, rising from an expected $1.2 billion in 2019. It argued that development of smartphone VR content is essential to increase consumer confidence in VR across all platforms, following a disappointing year of hardware sales in 2018. […]
Equity analysts at investment banker Exane/BNP-Paribas stress that despite generally poor stock market performances last year, Europe’s Media sector actually did well, with losses of only -4 per cent, against the wider state of the depressed market overall which slumped -14 per cent. The bank’s report says: “After a c30 per cent share price decline […]
Netflix has released December data from its ISP Speed Index – a monthly update on which Internet Service Providers (ISPs) provide the best prime time Netflix streaming experience. Vodafone Greece saw the biggest speed increase on the index this month. Jumping back from slowing speeds last month, speeds at the ISP increased by 0.44 Megabits […]
The Premier League’s first international office has opened in Singapore. Based in Tanjong Pagar, the office will provide a base for the Asia-Pacific region and has primarily been established to fight piracy of Premier League content and support broadcast partners. This will include deploying the league’s hugely successful enforcement programme across multiple markets and assisting […]
Liberty Latin America, a wireless and cable operator in South America and the Caribbean, has approached Millicom International Cellular with an acquisition bid, according to a Reuters report. Liberty Latin America, which is backed by US media mogul John Malone, has been in talks with Millicom, a cable and mobile telephone operator in Latin America […]