Equity analysts at investment bank Jefferies, responding to Viaplay’s new operating model, said that a simple interpretation of the announcement is that it expects the new strategy update to yield a larger and more aggressive cost-saving programme. “Read between the lines of the [Viaplay] release, however, and you’ll find a tacit admission that Viaplay’s product […]
Viaplay Group has announced a new Nordic country-based operating model and changes to its executive management team. This follows the announcement of changes to the Group’s short-term outlook for 2023, and the appointment of Jørgen Madsen Lindemann as President and CEO. The new operating model aims to improve operating efficiency and performance, sharpen the Group’s […]
The Media and Entertainment industry has been experiencing a wildly accelerated evolution in the past few years. One of the main reasons for this is the ever-growing expansion of streaming platforms, their catalogues, plans and revenue models. With this reality in mind, data science specialist BB Media partnered with home entertainment industry trade body DEG […]
The UK is forecast to maintain its position as the leading entertainment and media market in Europe over the next four years according to PwC’s Global Entertainment & Media (E&M) Outlook 2023-2027. UK E&M revenue is expected to reach £85 billion (€99.1bn) in 2023 with growth forecast at a compound annual growth rate of 4 […]
The Asia Video Summit marked a return to Hong Kong on June 20th-21st, with almost 300 delegates attending the conference in person and virtually. Hosted by the Asia Video Industry Association (AVIA), the Summit conversations centred around the key themes of ‘The Making of Korea and the Model for Who’s Next?’, ‘Video at the Crossroads’, […]
The opening fixture of the Ashes series brought Sky Sports its highest ever viewing figures for a cricket Test match, with a peak of 2.12 million viewers in home. An average audience of 1.17 million tuned in on day five, with a combined average of 877k across all five days of the match, making it […]
US President Joe Biden has given his support for the Federal Communications Commission’s efforts to protect consumers from hidden subscription fees. “My Administration’s top priority is lowering the cost of living for the middle class, and that includes cracking down on companies’ use of junk fees to hide true costs from families, who end up […]
North American pay-TV broadcaster DirecTV has agreed to settle a $16.85 million (€15.3m) Class Action claim over alleged unsolicited sales calls. The calls made by DirecTV were to consumers who had signed up for ‘Do Not Call’ options and whose numbers were on a national Do Not Call database. The settlement benefits individuals in the […]
Streaming accounted for 36.4 per cent of time spent watching TV in the US in May, according to Nielsen’s May 2023 report of The Gauge, the media measurement company’s monthly snapshot of total broadcast, cable and streaming consumption that occurs via television. By comparison, 31.1 per cent of TV viewing was spent watching cable content, […]
Internet users who use a credit card to sign up for illegal piracy streaming services to gain access to movies, TV shows, and games, face a serious risk of having their card run up with charges they didn’t authorise, according to a new investigation from Internet threat education body Digital Citizens Alliance. The report, Giving […]