AccelerComm, a provider of flight-proven 5G technology for satellite networks, and Radisys Corporation, a specialist in open telecom solutions, have announced that a joint project to support the development of the next generation of Non-Terrestrial Networks has been funded through the UK Space Agency’s International Bilateral Fund (IBF). This project will tighten the integration of […]
Lenders Barclays, Bank of Ireland and HSBC have agreed a short-term extension of Aferian’s secured facilities of $16.5 million (€14.05m) from September 30th to November 30th to enable the company to try and sell its Amino and 24i businesses and/or the group. The borrowing could be extended beyond November 30th if talks are progressing. The […]
There are widespread reports that US cellular giant Verizon Communications is negotiating to buy wireless spectrum from EchoStar. Reuters summed up the situation saying the discussions involve EchoStar’s AWS-3 licences, which are valuable for carrying 5G wireless signals. If the deal goes through, Verizon would join AT&T and SpaceX as recent buyers of EchoStar’s wireless […]
Deutsche Welle (DW) has appointed Barbara Massing as its new Director General, effective immediately, succeeding Peter Limbourg. She is the first woman to lead Germany’s international broadcaster since its founding in 1953. Formerly DW’s Managing Director for Business Administration, Massing has been key to expanding DW programming as well as streamlining the organisation. She has […]
ITV Studios has announced a number of senior appointments to strengthen its Data & Insights and Business Development divisions under Tom Clark, EVP, Global Sales & Commercial Strategy. ITV Studios said the hires are part of its wider strategy to drive growth and unlock new opportunities across Global Partnerships and Zoo 55. ITV Studios is […]
The Premier League, in collaboration with its local broadcast partner Astro, has launched the latest edition of its annual ‘Boot Out Piracy’ campaign in Malaysia, highlighting the hidden risks that illegal streaming poses to fans. Now in its fifth edition in Malaysia, some of the biggest stars in football are lending their voices to educate […]
An 81-page report from investment bank Berenberg on TV production house Banijay Group has issued ‘BUY’ advice to the bank’s clients and a price target of €13.50 (currently about €9) and a potential 52 per cent upside. Limited free float (only 9 per cent) and low coverage (five brokers), as well as a recent listing […]
US President Donald Trump has announced that all foreign-made movies will face a 100 per cent tariff, contending that the industry has been “stolen from the United States”. Posting on his Truth Social platform, Trump said: “Our movie making business has been stolen from the United States of America, by other Countries, just like stealing […]
FuboTV, the sports-first live TV streaming platform, has announced that its shareholders have approved its previously announced transaction with The Walt Disney Company to combine Fubo’s business with the Hulu + Live TV business. The transaction, approved by Fubo’s shareholders at its special meeting of shareholders held today [September 30th], remains subject to regulatory approvals […]
Vibe.co, the ad platform bringing hyper-targeting to connected TV (CTV) for performance marketers, has closed $50 million (€42.6m) in Series B financing led by Hedosophia, an early investor of Spotify, Uber and Airbnb. The financing also includes participation from previous backers including Elaia and Singular; in addition to Revolut CEO Nik Storonsky’s fund QuantumLight; Supercell […]