Advanced Television

Inside Satellite

Chris Forrester

Chris Forrester is one of the most experienced and highly regarded journalists in the field. His insight and analysis, particularly in the satellite and pay-TV arena, is highly prized. He has written for all the major business journals in the sector as well as several national newspapers.

The market loves Netflix… or does it?

The past few days have seen some extraordinary valuations put on Netflix by Wall Street investors and their advisers following on from a surprisingly good set of results from the streaming company on July 17th. Morgan Stanley, for example, is happy to place a target price of $210 per share, while other investment banks talk […]

July 24, 2017

Discovery, Scripps merger would see cost savings and clout

Discovery Communications is reportedly in talks with Scripps Networks International about merging their broadcasting assets. While the discussions are far from confirmed, analysts at MoffettNathanson Research (MNR) issued a timely note to investors that examined the potential benefits. MNR says: “Given the mix shift to skinny vMVPD sports and news bundles, declining viewership trends and […]

July 21, 2017

SES expectations trimmed; Eutelsat more positive

On July 28th, both of Europe’s major satellite operators unveil their results. SES will reveal its half-year numbers and Eutelsat its full-year figures. The event has prompted equity analyst Sami Kassab at Exane/BNP-Paribas to examine the prospects for the two companies. Kassab makes it clear that he currently favours Eutelsat over SES. He says: “We see […]

July 19, 2017

4-Ever-2 Project wraps

The French-backed ‘4-Ever’ research and development project has come to an end. Its nine core partners include Orange, France Télévisions, Globecast and ATEME, and the focus was very much on 4K/Ultra HD transmission and in particular how UHD could advance with High Dynamic Range (HDR) and higher frame rates. The research project, under the leadership of […]

July 18, 2017

Inmarsat: “Eutelsat/ViaSat complaints without merit”

A complaint has been lodged at the European Court of Justice by Eutelsat, ViaSat of California and Panasonic Aviation alleging that Inmarsat is violating is abusing its licence by passing off a terrestrial network as a satellite system.  The Inmarsat system itself will provide connectivity for passengers on aircraft and as part of Inmarsat’s European […]

July 17, 2017

Sky bid: Broadcasting grandee warns of Sky News closure risk

David Elstein, chairman of openDemocracy.net and a former head of programming at BSkyB, has written a powerful – and 5,000-word – analysis piece for openDemocracy and examining the possible outcome of the Fox bid for Sky, and paying particular attention to the prospects for Sky News. The UK’s Culture Secretary, Karen Bradley has set this […]

July 12, 2017

“Cautious” bank report on ITV

There are near-daily stories in the UK national press as to who might be the new CEO at commercial broadcaster ITV. Meanwhile, the share price remains under pressure, and a new report to investors from equity analysts at Exane/BNP-Paribas sums up the problems the new CEO will have to address. The bank reminds investors that […]

July 11, 2017

Google and Facebook biting at broadcasters

Equity analysts at investment bank Exane/BNP-Paribas, in a major 80-page report on the state of Europe’s commercial broadcasting industry, say that commercial TV is under extreme pressure from digital and social media operators. “The TV market is behaving abnormally,” says the bank. The bank’s study is blunt: “We show that Facebook’s and Google’s expansion is […]

July 7, 2017

Eutelsat is through the “perfect storm”

Paris-based satellite operator Eutelsat received a positive report from equity analysts at investment bank Berenberg, saying that despite a lackluster Q2 and Q3 (in its trading year which wrapped on June 30th) the operator “looks to be through the worst of what we have been describing as a perfect storm. Having spent time recently with […]

July 5, 2017

Inmarsat accuses Eutelsat, ViaSat and Panasonic of “making mischief”

June 28th saw Inmarsat’s S-EAN (European Aviation Network) satellite launched by an Arianespace rocket. The satellite’s launch is controversial and Eutelsat, ViaSat of California and in-flight communications company Panasonic Aviation have lodged objections to the European Court of Justice and asking for an injunction to be issued to stop Inmarsat’s satellite opening for business. The […]

July 4, 2017