DAZN losses fell to $936 million (€804.5m) in 2024, down from $1.4 billion the year before. The sports streaming platform posted saw revenues increase by $323 million to $3.2 billion in 2024. CEO Shay Segev told the FT that the group was on course to be profitable for the first time in 2026 and had […]
The Scottish Professional Football League (SPFL) group has distributed £42 million (€48.4m) to clubs, the highest figure in the league’s history, its latest published annual accounts confirm. The accounts reveal total group distributions are up £4.1 million (11 per cent) to £42 million from last year’s £37.9 million. SPFL group income totalled £50.4 million, breaking […]
FCC chairman Brendan Carr is not everyone’s favourite legislator, but his latest proposal looks like winning favourable support from the industry. He wants to create a ‘Space Assembly Line’ in order to ‘fast track’ applications and to demolish barriers to entry for the space and satellite sector. However, good as this idea is, he also […]
Tim Carter, MD Unscripted UK, ITV Studios has named Emma Gormley as the new Managing Director of MultiStory Media in a move which strategically aligns ITV Studios Daytime and MultiStory Media within one scaled label. Under Gormley’s leadership, the ITV Studios Daytime and MultiStory Media teams will be brought together under the expanded MultiStory Media […]
First, the good news: AST SpaceMobile has opened an $800 million ‘At The Market’ offering of new shares to a cluster of banks. The money is now available as needed by AST and if fully drawn down is equal to about 3 per cent of the shares issued. It means that AST is sitting on […]
South Africa’s public broadcaster SABC reported greater losses for 2025, and is complaining about government’s delay in creating a new funding model. According to SABC’s annual report, losses for the year rose by 28 per cent to R253-million (€12.6m), compared with the R198-million loss it reported in 2024. “It has been clear for some time […]
Global, the Media & Entertainment group has unveiled details of a new Studio for video-first original podcast content. Global Studios will be home to Global’s podcast slate, including The News Agents and My Therapist Ghosted Me, alongside shows from the newly-acquired The Fellas Studios, which is behind shows including The Fellas, Saving Grace, Pitchside and Bach […]
S4C has announced the appointment of Tecwyn Davies as new Head of Streaming and Digital. Davies will lead S4C’s digital strategy as it extends beyond traditional broadcasting, expanding its digital presence as it moves towards becoming a digital-first service. Davies has a career spanning roles at the Six Nations Tournament, FIFA, the Premier League and […]
AppsFlyer, a specialist in marketing measurement, has announced the opening of its new London office as the company’s European, Middle East, and Africa (EMEA) headquarters. The new space will house almost 70 employees, including 15 per cent global functions, 20 per cent regional EMEA leadership and functions (HR, Sales, Industry Leads, GM, Chief of Staff, […]
Qvest, a specialist in media-focused services, has appointed Klaus Böhm as Principal for Strategic Business Development and Jonathan Legal as Principal for France and Benelux. With these two additions, Qvest says it strengthens its capabilities to “advise media companies on digital transformation, drive innovation, and implement tailor-made solutions across Europe”. Böhm brings more than 30 […]