Pinterest, the AI-powered visual search and discovery platform, has entered into a definitive agreement to acquire tvScientific, a connected TV (CTV) performance advertising platform. Pinterest will consequently combine its audience intent signals with a CTV engine, so marketers can measure how TV lifts the results of their performance ad campaigns. Pinterest reaches 600 million monthly […]
Antipiracy coalition the Alliance for Creativity and Entertainment (ACE) has dismantled India-based piracy network MKVCinemas and its associated domains. Additionally, ACE shut down a high-traffic drive-to-drive cloning tool frequently used by piracy services in India and Indonesia. Most of MKVCinemas’ traffic came from India, a rapidly expanding entertainment market. Collectively, the MKVCinemas domains accounted for […]
A director hired by Netflix to make a science-fiction series was convicted this week of an $11 million (€9.3m) fraud. Prosecutors said Carl Erik Rinsch, 48, secured funding from Netflix from 2018 to early 2020 to make the series, which was initially called White Horse and later renamed Conquest. But he put the money in […]
Eutelsat has announced the success of its share capital increase with shareholders’ preferential subscription rights for a gross amount of approximately €670 million. Eutelsat says the proceeds of the Rights Issue, combined with the proceeds of the Reserved Capital Increases completed on November 21st, will be used to reinforce its financial structure and fund its […]
The Culture, Media and Sport Committee of the UK House of Commons is holding the second session of its inquiry exploring the provision of children’s TV and video content in the UK and what can be done to ensure future generations continue to have access to high-quality British-made programming. The hearing on December 16th will […]
The BBC has announced that Bérangère Michel has been appointed to the role of Group Chief Financial Officer (CFO). Bérangère brings experience from her 16-year career at the John Lewis Partnership, where she held senior roles including CFO, Customer Service Executive Director, Operations Director and Finance & Strategy Director. Prior to that, Bérangère spent 11 […]
James Jackson, the former Director of Technology Strategy at Everyone TV, has been appointed to the Service List Registry advisory board. He will support the definition and delivery of its Unified Service Platform to enable online television and video viewing on any screen. SLR provides a global online platform to allow the discovery and selection […]
Crossroads Capital Investment Partners, an investor in AST SpaceMobile, has provided a quarterly update and valuable comments on the continued rationale behind its investment. The letter reminded clients that its stake in AST is up 34 per cent this year. “We wanted to take a quick moment to note the company made significant strides in […]
The Walt Disney Company and OpenAI have reached an agreement for Disney to become the first major content licensing partner on Sora, OpenAI’s short-form generative AI video platform, bringing the two companies together “to unlock new possibilities in imaginative storytelling”. As part of a three-year licensing agreement, that signifies Hollywood’s growing acceptance of AI, Sora […]
Musk, writing on his X social media platform, has confirmed reports that SpaceX will launch an IPO. No date for the actual IPO was given but it is understood that it will happen well within one year. It is likely to be the biggest-ever IPO in history. SpaceX will use the money it raises in […]