ViacomCBS has reported financial results for the quarter ended September 30th 2020. The US media conglomerate said it delivered “another quarter of robust growth in streaming”, with domestic subscribers rising to 17.9 million, up 72 per cent YoY, and Pluto TV domestic MAUs increasing to 28.4 million, up 57 per cent YoY. The company grew […]
Intelsat unveiled its Q3 results after the market closed on November 5th, and its Media segment (42 per cent of overall revenues) saw revenues of $203.5 million for the three months to September 30th. This was a fall of 9 per cent compared to the same period a year earlier. Intelsat is working its way […]
The rumours that some sort of consolidation could take place between SES and Eutelsat refuse to die. At the November 5th results conference, analyst Patrick Wellington from Morgan Stanley almost seemed to appeal to SES CEO Steve Collar to come clean and explain the position. Collar politely declined the invitation to deliver any information – […]
Seizure warrants have been executed against three domain names of commercial websites engaged in the illegal reproduction and distribution of copyrighted works in support of a Brazilian-led takedown of digital piracy sites there, dubbed ‘Operação 404’ [Operation 404]. The coordinated federal law enforcement operation targeted online services that provided illegal copies of copyrighted works, including […]
Spain’s public broadcaster, RTVE, will receive a state subsidy of €472 million in 2021, up €100 million from this year with the TV group losing €51 million in 2020. Since 2018, RTVE’s budget has increased by 2 per cent to €994 million with state subsidies growing by 38 per cent from €341 million in 2018 […]
A study from recruitment brand TechNET has highlighted changes to the global gaming sector throughout 2020. Estimates indicate that as of 2020 the video games market is now worth over
In a further consolidation of the wireless and broadcast communications infrastructure sector, American Tower Corporation is to acquire InSite Wireless Group, which owns, operates and manages approximately 3,000 communications sites, primarily in the US and Canada. The portfolio includes more than 1,400 owned towers in the US, over 200 owned towers in Canada and approximately […]
Hughes Network Systems, a wholly-owned subsidiary of Charlie Ergen’s EchoStar, reported flat growth for its US-based broadband connections of 1.21 million during its Q3 financials. However, there was better news from its Latin American division where customers grew 13.5 per cent to 364,000 in the quarter ending September 30th and taking the overall subscription to […]
US media group TEGNA has completed an update of its stations’ over-the-top (OTT) streaming apps on Roku, which it says enhances the experience for viewers. TEGNA also revealed it is planning to launch OTT streaming apps for its stations on Amazon Fire TV by the end of 2020. When the rollout on Amazon Fire TV […]
Last week a US Federal Court upheld a previous verdict from the International Court of Commerce (delivered on September 14th) that India Space Research Organisation and its commercial arm Antrix must pay a total of $1.2 billion to Devas Multimedia. However, November 4th saw India’s Supreme Court stay the award. The judges, headed by Chief […]