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.

Analyst trims WBD expectations

Analysts from MoffettNathanson (MN), having examined in some detail the pro-forma numbers from Warner Bros Discovery (WBD) are concerned. WBD says its EBITDA guidance for 2023 will be about $12 billion (€11.7bn), and thus two billion less than previously expected. MN says even these reduced numbers are dependent on profits from linear cable networks which […]

August 9, 2022

Satellite operators talk merger, and lose billions

The world’s three leading satellite operators are talking about mergers. Eutelsat has announced its plan to merge with OneWeb, while SES is reported to be in talks to merge with Intelsat. But the market has delivered a devastating comment on both sets of reports. For example, Eutelsat suffered a massive fall in its share price […]

August 8, 2022

Judge confirms Kevin Spacey $31m penalty

In 2021, a US Arbitration tribunal found against Kevin Spacey and a claim for $31 million (€30.3m) made against him in favour of House of Cards production company Media Rights Capital (MRC). Spacey appealed the decision, but Los Angeles Superior Court Judge Mel Red Recana on August 4th ruled that the payment decision was valid. […]

August 5, 2022

Biden’s $52bn for chipset production

President Biden is set to sign a House and Senate-approved Bill to boost US production of semi-conductor chipsets. The move, (the Chips and Science Act) is part of a massive $280 billion initiative to back and subsidise US manufacturing and technological capabilities. The overall intention is to see US chipset production significantly improved as a […]

August 4, 2022

UK antenna specialist solves major comms problem

UK-based Isotropic Systems has changed its name to All.Space. It has also announced a major breakthrough with its ‘fifth-generation smart terminal’ which is one unit and capable of transmissions for cellular and satellite networks. Working from its Reading R&D facility, All.Space stated that it will start volume production of the new device which can connect […]

August 3, 2022

Russia to seek private space missions

Russia is quitting the International Space Station (ISS) and the country’s new head of its Roscosmos space agency, Yuri Borisov, says he will be seeking a greater slice of the world’s space missions. Borisov says that Russia is to review its commitment to the ISS. He has rebutted previous reports that Russia would cease partnering […]

August 2, 2022

Further bad news for Eutelsat/OneWeb

The EU has firmly ruled out the proposed Eutelsat/OneWeb merger as qualifying as the likely candidate for the EU’s own planned Low Earth Orbiting (LEO) broadband constellation. As reported by Sami Kassab, satellite analyst at investment bank Exane/BNPP, Christophe Grudler, the member of the European Parliament in charge of the EU’s LEO satellite project announced […]

August 1, 2022

Eutelsat+OneWeb: “Disappointing valuation” says bank

Investment bank Exane/BNPP, in a comprehensive report on the proposed merger between satellite operator Eutelsat and Low Earth Orbit constellation OneWeb, says the “increase in interest rates, inflation, the war in Ukraine, [OneWeb] Gen 2 funding requirements all suggest a bit of patience could have improved the financial outcome for minority shareholders… but the new […]

July 29, 2022

Thales Alenia working on water-based satellite fuel

Satellite technology company Thales Alenia Space is partnering Italy-based MIPRONS on an innovative propulsion system for satellites which uses water as a fuel. Based on MIPRONS’ proprietary technology, with the Italian patent being extended to 49 other countries, this miniaturized, high-thrust thruster will use a green, cost-effective propellant — water. An electrolysis process breaks down […]

July 28, 2022

Insider trading allegations continue at Intelsat

Hill vs Silver Lake Group is the name for a consolidated Class Action against investors in Intelsat and alleging that some investors and individuals deliberately sold their share in Intelsat in November 2019 – prior to the company’s Chapter 11 bankruptcy as a result of inside information. The then chairman of Intelsat, David McGlade, is […]

July 27, 2022