4KUniverse, the first-to-market Hollywood mover and shaker in American 4K HDR TV broadcasting, is up for sale at a price of $75 million for 51% majority ownership. 4KUniverse will hire investment banks to find a buyer as 4K TVs have hit critical mass (50% of TV households own a 4K TV) in 2020. 4K is […]
MGM (Metro-Goldwyn-Mayer), the legendary Hollywood film studio home to the likes of the James Bond and Rocky franchises, is up for sale with a reported asking price of around $5.5 billion (€4.5bn). MGM Holdings has hired investment banks to find a buyer as the streaming boom sees platform owners bid fiercely for film and television […]
Formula 1 racing is in “active talks” with Amazon regarding streaming Grand Prix on Prime Video as it scopes a digital future beyond TV broadcasting. Chase Carey, F1’s outgoing chief executive, told the Financial Times that he had held “substantive discussions […] with all the global digital platforms.” F1 is targeting younger fans who are increasingly […]
Netflix co-CEO Reed Hastings has sold almost a quarter-billion’s worth of shares. Hastings sold $230.6 million’s (€189m) worth of shares in Netflix (437,311 shares) on December 21st at an average price of $527.26 per share, a fraction below their $527.22 value on December 22nd. Hastings released the data on December 22nd. Most of the shares […]
The FCC‘s auction (Auction 107) of C-band spectrum has reached $66.4 billion (€73.1bn) in its latest round after two weeks of bidding. This easily exceeds the former record of $45 billion raised during the AWS-3 auction held in 2015. Some reports suggest that the enthusiasm for spectrum from bidders could see extra ‘incentive’ cash going […]
Serbian operator mts has upgraded and rebranded its IPTV platform from mts TV to iris TV. The multimedia platform, which can be accessed from various connected devices, features a new design, simplified options and a larger selection of HD channels. It relies on Artificial Intelligence technology to offer subscribers a personalised experience, such as suggesting […]
Movistar and Samsung have reached an agreement to integrate all Movistar Plus TV content onto Samsung smart TVs. Samsung’s Universal Guide will now show all content from Movistar Plus enabling its viewers to have access to the platform through QLED TV models from 2018 and beyond. Samsung’s Universal Guide analyses viewer’s preferences and profiles offering […]
A Texas court has ruled in favour of Broadband iTV Inc (BBiTV) in its patent actions against DirecTV/AT&T, Dish network and Amazon over the company’s VoD patents which used STB and cellular technology. The Austin Division of the US District Court for the Western District of Texas ruled that BBiTV’s patent infringement actions against the […]
The Streaming Video Alliance, a global technical association developing solutions to address critical technical challenges in delivering a high-quality video experience at scale, has confirmed the approval and immediate public availability of two technical specifications. The Open Caching Performance Measurement Specification document, produced by the Open Caching Working Group, outlines measurement metrics for open caching […]
The European Commission (EC) is looking to build a global Low Earth Orbiting (LEO) broadband-by-satellite system to help bridge – and solve – the digital divide in connectivity. The European Commission has selected a consortium of European satellite manufacturers, operators and service providers, telco operators and launch service providers to study the design, development and […]