European cinema group CGR (founded by Georges Raymond and his family) has extended its partnership with RealD which installs its 3D equipment and supplies glasses for 3D cinema exhibition. Jocelyn Bouyssy, CGR CEO, said “CGR is proud to continue our relationship with RealD to offer industry leading 3D at our locations. It has always been […]
Nokia has cut its 2019 and 2020 profit outlook, saying profits would come under pressure as the Finland based company spends more to fend off rivals in the fast-growing 5G networks business. The telecom network equipment maker, which met Q3 profit expectations, also said it would pause dividend payments to raise investments in 5G and […]
Millions of homes in the Philippines can now watch new international TV channels thanks to CLUBTV, a new thematically-focused TV platform launched by Mediahouse.PH, a division of Magistan Media, a project management firm specialising in television operations and advertising, on SES’s satellite SES-9. Starting with six channels, CLUBTV offers a wide variety of genres that […]
Pluto TV, the ad-funded streaming service, has launched Dogs 24/7 in the UK and its German-speaking market. The channel features dog-related movies, documentaries and web videos. The channel goes live on October 25th with the exclusive free TV premiere of Puppy Time, a documentary series following various breeds of puppy litters on their daily explorations, […]
Mark Alford, former Head of Digital Output at Sky News, has been appointed Director of Sky Sports News. Rob Webster, MD of Sky Sports, commented: “We have been running a rigorous process to recruit the new Director of Sky Sports News. As reflects a role of this standing in our industry, we interviewed a number […]
Broadpeak, a provider of content delivery network (CDN) and video streaming solutions for content providers and pay-TV operators worldwide, and ATEME, a specialist in video delivery solutions, have announced a new high-ultra-low-latency live video streaming solution that supports the emerging DVB-I standard ecosystem. The joint solution leverages advanced technologies, such as machine learning-based encoding, multicast […]
Nordic Entertainment Group (NENT Group), the Nordic region’s leading streaming company, has entered into an agreement with Telenor Group to combine its Viasat Consumer (satellite pay-TV and broadband-TV operations) with Canal Digital (satellite pay-TV). The combination will result in the parties each holding 50 per cent of the shares of the new joint venture company […]
Though Netflix increased the cost of its subscriptions worldwide, the price hikes didn’t have an equal effect everywhere. While much has been written about the company’s loss of US customers in Q2 due to costlier subscriptions, eMarketer estimates that Netflix’s viewership growth in Latin America will remain strong. eMarketer forecasts that this year, the Netflix […]
The Spanish government will finance the transmission of the Tokyo Olympic Games through RTVE’s TV channels with a state subsidy of €60 million. With the funds, RTVE will acquire the TV rights to the Games from rights-holder Discovery, with an estimated cost of between €55 and €60 million. The president of RTVE, Rosa María Mateo, […]
So, SoftBank has ‘rescued’ WeWork in a deal that will cost it at least $10 billion and pretty much guarantee WeWork’s departed Svengali founder $1.7 billion. The rescue was from a proposed $47 billion IPO that was becoming a car crash going over a cliff. SoftBank is a major shareholder in WeWork – some reports […]