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.

Bank upbeat for MFE-MediaForEurope

MFE-MediaForEurope, the new holding business formed by Mediaset under the Dutch registered umbrella company, has received a positive note from equity analysts at Berenberg Bank. MFE-MediaForEurope released a preliminary alert as to its expected financials (themselves due in full towards the end of April) and these, says the bank, appeared to be well ahead of […]

March 3, 2022

Bank: Eutelsat could switch off Russia transponders

Eutelsat executives say they have about 6 per cent of group revenues exposed to Russian activity. The bulk of this comes from distribution deals on Russian pay-TV systems operated by Tricolor and NTV+. A report from analysts at investment bank Exane/BNPP forecasts a scenario – unconfirmed by the company – where the French government requests […]

March 2, 2022

NENT rated ‘Buy’ by bank

Equity analysts at Berenberg Bank have updated their advice to clients on Nordic Entertainment Group (NENT). They first looked at the company in November 2020 when its shares were at SEK 375.6 (€35.12). They rose to SEK 530 in August last year. They are now at just SEK 316.5, and the bank is rating the […]

March 1, 2022

Russian invasion casts doubt over OneWeb launch

Russia’s space agency Roscosmos has suspended its cooperation agreement with Arianespace and is pulling out staff from the French launch site at Kourou in French Guiana. Roscosmos boss Dmitri Rogozin has tweeted confirming the action which he says is in retaliation over the trade sanctions imposed on Russia. The Russian Tweet said: “In response to […]

February 28, 2022

SES: C-band extra benefits examined

SES unveiled its end-of-year numbers on February 24th and in its post-results analysts call, CEO Steve Collar explained that the satellite operator was “well ahead” of its work to prepare for FCC-mandated C-band conversion work for the SES. Collar stated the C-band Phase 2 work meant SES was on track to receive the remaining $3bn […]

February 25, 2022

Intelsat emerges from Chapter 11

Intelsat has formally confirmed its emergence from Chapter 11 reconstruction. The satellite operator said it had emerged as a private company with a substantially strengthened capital structure to support its growth as the leader in satellite communications. This final milestone follows receipt of regulatory approvals, completion of certain corporate actions, and satisfaction of other customary […]

February 24, 2022

Ukraine, Russia could affect media businesses

The potential problems over Ukraine and the probability of much wide trade sanctions against Russia could impact ‘Western’ media and communications companies, says a note to clients from investment bank Exane/BNPP.  The impact could also extend to the video games industry, says the bank. Of particular interest are the relationships that satellite operator Eutelsat has […]

February 23, 2022

Devas faces Canadian appeal against award

The ongoing legal process between Devas Multimedia and India’s State Research Organisation (ISRO) has suffered something of a set-back in a Canadian court. Devas Multimedia has won numerous actions against ISRO and its commercial arm Antrix in its claim for $1.2 billion already awarded by the International Chamber of Commerce (ICC) and confirmed by the […]

February 22, 2022

FCC approves Intelsat’s exit from bankruptcy

The FCC has approved Intelsat’s exit from Chapter 11 bankruptcy and the transfer of the ‘old’ company’s ‘debtor in possession’ (DIP) assets to the newly established parent business based in Luxembourg. The FCC’s International Bureau chief Thomas Sullivan said the transfer was in the public interest and approved the request. The FCC ruling explains the […]

February 21, 2022

SES vs Intelsat: Trial wraps

The SES vs Intelsat 50/50 trial over FCC C-band incentive payments has finished its initial examination and cross examination of witnesses. Far fewer witnesses were called by either party and consequently the hearings lasted just 6 full days instead of the 10-12 initially expected. Judge Keith Phillips ruled that both parties must submit their “findings […]

February 18, 2022