With SES taking a larger slice of Canal+ capacity requirements, it is inevitable that there had to be a loser. That satellite operator is the Intelsat/Telenor position at 1-degree West. Canal+ owned-M7 group will consolidate its Eastern European coverage on SES at 23.5 degrees East cutting out Intelsat/Telenor at 1 West. SES is thus gaining […]
French commercial network TF1 has released its Q3/2020 numbers revealing that its revenues came in better than expected. TF1’s current operating profit reached €58 million, up 170 per cent and beating consensus meaningfully. This improvement was driven mostly by better programming costs. Numbers were also partially lifted by better revenues. Net profit came in at […]
Josh Berger, President and Managing Director, Warner Bros UK, Ireland and Spain, and President of Harry Potter Global Franchise Development, has decided to leave the company after over 30 years of service. He will step down in December and will remain as an advisor to the senior management until the middle of 2021 for the […]
Ottawa-based Telesat announced its Q3 and 9-months revenues for the period to September 30th, and the news is not good. Revenue for Q3 fell 15 per cent to C$202 million (€129.8m). The 9-month numbers were slightly better overall with revenues of C$619 million, a fall of 10 per cent on the same period in 2019. […]
LG Electronics has announced third-quarter 2020 consolidated revenue of KRW 16.92 trillion (€12.18bn) and operating profit of KRW 959 billion. Both sales and profits were the highest for a third quarter in 62-year history of LG Electronics. Led by strong growth in home appliances and home entertainment, overall sales increased 7.8 per cent and operating […]
WWE has reported Q3 revenue of $221.6 million, an increase of 19 per cent on the same period last year. WWE Network, the company’s SVoD platform, saw average paid subscribers hit 1.6 million, an increase of 6 per cent. Digital video views were 9.2 billion, an increase of 3 per cent, and hours consumed were […]
The LA Dodgers, one of Major League Baseball’s marquee teams, took home its first championship in more than 3 decades on October 27th, but that didn’t necessarily help in the ratings department. Each game in this year’s World Series was down between 21 and 33 per cent in viewership in the US compared to the […]
The commercial arm of the Indian Space Research Organisation, Antrix, has been ordered by a US Federal Court in an arbitration to pay $1.2 billion to Devas Multimedia. The US federal court for the Western District (in Washington) has confirmed an arbitration award made by the International Court of Commerce on September 14th 2015, in […]
Amagi, a global leader in cloud-based technology for broadcast TV and streaming TV, has announced that Dark Matter TV featuring Science Fiction, Horror and Action-themed content has launched its 24/7 linear channel using Amagi cloud playout platform. Founded in 2019 by TriCoast TV, a full-service media company based in Los Angeles, Dark Matter TV was, […]
WWE’s CEO and Chairman Vince McMahon is set to feature in a multi-part, biographical series on Netflix. Nick Khan, WWE’s Chief Revenue Officer, confirmed the news, saying: “In a groundbreaking deal, we have sold a multi-part documentary with Netflix on the life of none other than our very own Vince McMahon. By groundbreaking, I mean […]