UK comms regulator Ofcom has published a consultation on its third review of public service broadcasting against a backdrop of what it suggests is reduced viewing of and investment in such services. The latest review examines how the BBC, ITV, STV, UTV, Channel 4, Channel 5 and S4C have fulfilled the purposes of public service […]
Investment bank Berenberg, in a 10-page report on satellite operator Eutelsat, says it is increasingly difficult to accurately compare and contrast Eutelsat with its Luxembourg rival SES. The bank’s headline advice is for investors to “HOLD” their positions in Eutelsat despite the operator paying “well over two-times the tax rate of SES” and also having […]
French Prime Minister Manuel Valls has fixed the 700 MHz auction for December 2015, with the transfer from DTT channels to the mobile telecoms sector scheduled to take place between October 1st 2017 and June 30th 2019. The French State anticipates the revenues coming from this auction will reach €2.1 billion, all attributed to the […]
India’s Dept of Electronics & Information Technology is to put 1 billion Rupees (about $16 million) to help fund development of locally made set-top boxes. The cash will also provide manufacturers with long-term credit facilities and other fiscal aids to jump-start the process. The fund will also be channelled through India’s Credit Guarantee Fund which […]
Senior executives at the BBC have revealed further details of the Corporation’s proposals to close BBC as a broadcast channel and reinvent it online. The changes – which are subject to approval by the BBC Trust – will generate savings of £50 million, which will be reinvested into BBC Three online, as well as strengthening […]
Mediaset Premium Spa, the new unit within which all pay-TV activities of Italy’s Mediaset Group have been placed, is now operational. A total of 267 employees already working for RTI/Mediaset will be transferred to Mediaset Premium Spa. The balance sheet, dated 30 September 2014, shows a total turnover of more than €2 billion and EBIT […]
French telco Orange has confirmed informal talks with Chinese group PCCW regarding video platform Dailymotion. CEO Stéphane Richard, who is seeking an investor to boost the international development of its 100 per cent subsidiary, met Richard Li, the son of Asia’s wealthiest man Li Ka-Shing, the founder of Hutchison conglomerate. The group owns PCCW, the […]
Real-time video specialist Grabyo has raised $2 million in funding from an array of major sports stars on the back of accelerating customer demand, ongoing momentum in social video and the rapid growth of mobile video advertising. The investors and global ambassadors include Premier League footballers Cesc Fabregas and Robin van Persie, New York Red […]
US Senate Judiciary Committee Chairman Patrick Leahy is urging leading payment processors to prevent use of their payment networks by websites that are dedicated to online copyright infringement. While Visa and MasterCard both have policies prohibiting the use of their cards for illegal activities, a recent study released by the Digital Citizens Alliance and NetNames […]
Internet entertainment streaming service Aereo, which suspended its operations June 28th following the Supreme Court copyright decision in favour of US broadcasters, has filed a voluntary petition for Chapter 11 reorganisation in the US Bankruptcy Court for the Southern District of New York. Aereo also announced that it has appointed Lawton Bloom of Argus to […]