Mediaset Spain increased its profits by 6.8 per cent to €157 million in the first nine months of the year. This despite the 5.1 per cent fall in its net revenues to €660.7 million as a result of the advertising crisis. EBITDA grew by 5.3 per cent to €203.9 million, representing 30.9 per cent of […]
An Ofcom report monitoring UK consumer supplier switching in the communications market reveals that in the last 12 months: 12 per cent have switched broadband provider 12 per cent have switched mobile phone provider 11 per cent have switched landline provider The figures also show a possible reason behind this activity, as providers are failing […]
Paris-based Eutelsat has reported its Q1 results, and they were not good. The satellite operator cut its full year guidance as a result of a 17.8 per cent drop in Professional Video revenues (from €52.3 million to €43 million), but every other key division also suffered. Overall revenues were €316.5 million, down 6.2 per cent […]
Haivision, a specialist in video streaming solutions, has announced the acquisition of LightFlow Media Technologies, the advanced media optimisation business of Epic Labs. This acquisition adds artificial intelligence and machine learning technologies to Haivision’s portfolio to form the basis for advances in content-aware video encoding, content indexing, object detection, as well as optimisation of video […]
Eutelsat’s poor Q1 trading numbers announced after the close of the market on October 30th and a downward revision to its expected revenues over the next nine months resulted in a severe fall in its stock market share price in early trading October 31st. Eutelsat’s share price tumbled 11.83 per cent (€2.19) to €16.29 (and […]
NBCUniversal is merging its domestic and international divisions, with Kevin MacLellan, chairman of global distribution and international operations, set to exit the company. Before MacLellan ends his near two-decade career with the company, hewill work with NBCU film and entertainment chairman Jeff Shell and chairman of NBCU’s international group and Telemundo, Cesar Conde, on a […]
Twitter is set to ban all political advertising worldwide, saying that the reach of such messages “should be earned, not bought”. “While internet advertising is incredibly powerful and very effective for commercial advertisers, that power brings significant risks to politics,” Jack Dorsey, CEO of the social media platform, tweeted. Reacting to the news, Brad Parscale, […]
As expected, the proposed sale of London-based Inmarsat to a consortium with Warburg Pincus as a key player has sailed through its approval process from the UK’s Department of Culture, Media & Sport. The formal acquisition of Inmarsat is being undertaken by Connect Bidco which is a consortium comprising Apax Partners LLP, Canada Pension Plan […]
AMC Networks, the US multichannel programmer, has reported financial results for the third quarter ended September 30, 2019. President and Chief Executive Officer Josh Sapan said: “AMC Networks is well on its way to strategically transforming itself from a ‘cable channels company’ into a premier content company with a suite of focused and targeted video […]
Bell Media has agreed for the exclusive Canadian rights to original series made for the upcoming US streaming platform HBO Max. The agreeement with Warner Bros will secure a of number of titles for Bell’s streaming paltfrom Crave. The deal would seem to confirms that HBO Max isn’t headed to Canada as a stand-alone service […]