While the market assesses the probability of AT&T divesting its 100 per cent ownership of DirecTV, it is clear that there are currently more questions than answers. Analysts at MoffettNathanson (MN), in a note to clients,
Prince Harry and his wife Meghan Markle have signed a deal to create exclusive content for Netflix. It comes after the couple made the announcement at the start of the year that they were stepping back as senior members of the royal family. The Duke and Duchess of Sussex will be producing a number of […]
Mediaset Spain saw its profit fall by 45.1 per cent in the first half of the year to €70 million, mainly due to the sharp drop of 30.6 per cent in advertising TV revenues. Net revenues fell by 22.3 per cent to €375.1 million, with ad revenues reaching €314 million, down 30.6 per cent. EBITDA […]
Having been an unsuccessful runner in the race to become the Corporation’s director-general, Charlotte Moore has been named BBC Chief Content Officer and is joining the BBC Board. “It is a great pleasure to welcome Charlotte Moore to the BBC Board,” declared BBC Chairman, Sir David Clementi. “Charlotte has made a huge success of bringing […]
The global population of TV and video streaming devices has now exceeded 1.1 billion, according to the latest analysis from Strategy Analytics’ TV Streaming Platforms service. The research, which tracks quarterly deployments of TV and video streaming devices across 27 major countries, finds that Samsung is the leading brand, with 14 per cent of devices […]
Investment bank Jefferies, in its report on Sky Italia renewing their long-term distribution contract with Eutelsat, says that the deal removes a “sword of Damocles” from Eutelsat’s prospects. “It removes a huge overhand for the stock,” says analyst Giles Thorne. Eutelsat’s share price has been in the doldrums for months, and the renewal news lifted […]
Modern Times Group (MTG) has announced the appointment of Maria Redin as Group President and CEO with immediate effect. The appointment follows the July resignation of Jorgen Madsen Lindemann, who will continue to act as an adviser to the company until the end of his notice period. MTG also announces the appointment of Lars Torstensson […]
The US’s Federal Communications Commission has released the results of the recently-concluded auction of 70 megahertz of Priority Access Licenses (PALs) in the 3550-3650 MHz band for 5G. The auction made available the greatest number of spectrum licences ever in a single FCC auction. Auction 105 gross proceeds reached $4,585,663,345, with net proceeds totalling $4,543,232,339. […]
Streaming platform Roku has unveiled Roku Express, the company’s first streaming device in Brazil. The Roku Express transforms most traditional TVs into a Smart TV and is set to be available in stores in the upcoming weeks. “We’re thrilled to launch the first Roku streaming player in Brazil,” said Arthur van Rest, vice president of […]
Alex Mahon, Channel 4’s CEO, has announced the appointment of Veriça Djurdjevic, currently CEO of PHD UK, as the organisation’s Chief Revenue Officer. In this newly created role reporting directly to the CEO, Djurdjevic will have overall responsibility for all of Channel 4’s key commercial revenue streams, with a particular focus on diversifying and growing […]