Anti-piracy coalition the Alliance for Creativity and Entertainment (ACE) has applauded its US government partners, led by the National Intellectual Property Rights Coordination Center (IPR Center), for the success of ‘Operation Offsides’, where authorities seized over 1,000 websites and blocked 1,970 website domains that illegally streamed FIFA World Cup matches. Operation Offsides was a government-led […]
ITV Studios has announced additions to its global sales division, appointing Louisa Forsyth as Vice President, UK and Ireland Sales, and Jonathan Hughes as Vice President, Germany and Benelux Sales. Both executives will report directly to Jemma Harvey, Executive Vice President, EMEA & UK Sales and Distribution. In her new role, Forsyth will lead distribution […]
The UK government lost more than £340 million (€297.4m) in Eutelsat’s OneWeb Company according to a report in the Sunday Telegraph newspaper. The report states that the investment (of a total of £517 million) was “championed” by Dominic Cummings, at the time an advisor to the Conservative government led by Boris Johnson. The government agreed […]
Avealto, the British company developing high-altitude platform station (HAPS) aircraft to bring broadband connectivity to underserved regions, has opened a $50 million (€43.7m) funding round to finance a new UK manufacturing facility, a full-scale prototype demonstration and its first commercial network deployment, in Southeast Asia, over the next 12 to 18 months. Avealto’s aircraft are […]
Piper Sandler is an American multinational investment bank and financial services company, focused on mergers and acquisitions, financial restructuring, public offerings and public finance. It is advising its clients that AST SpaceMobile should be considered an ‘Overweight’ element in their portfolios. Piper Sandler’s research analysts have set $100 as a price target for AST. The […]
Spanish satellite business Sateliot is looking for €150 million of fresh funding in order to build and deploy 16 satellites in 2027. It plans a direct satellite-to-smartphone connectivity service by 2028. Barcelona-based Sateliot already has a partner in Telefónica. The company announced a €100 million funding round in April, and this latest announcement increases that […]
Andreas Tolpeit will become the new CFO and a member of the Sunrise Executive Committee as of September 1st. Tolpeit succeeds Jany Fruytier, who will leave Sunrise on August 31st following a structured transition. Tolpeit most recently CFO of the global private schools group Cognita, where he improved the company’s financial performance and substantially increased […]
Netflix Q3 revenue and earnings outlook fell short of Wall Street targets as the streaming giant said it would cut the frequency of viewing-hours reports from six-monthly to annually as it seeks new avenues of growth. Shares fell by around 8.6 per cent in after-hours trading on July 16th to $67.99 (€59.38). Netflix reported Q2 […]
The European Commission has referred to France’s Competition Authority (Autorité de la concurrence) the examination of the acquisition of sole control by the Iliad group of certain assets held by the Altice France group. The Iliad group is active in the electronic communications sector through its subsidiaries Free and Free Mobile. The target assets are […]
US President Donald Trump has removed the BBC’s commercial arm from his defamation lawsuit over a misleading episode of Panorama, but he is still pursuing his multi-billion dollar claim against the BBC as a whole. In late 2025, Trump sued the BBC and subsidiaries BBC Studios Productions and BBC Studios Distribution over a 2024 Panorama […]