The General Court of the European Union has ruled against Spain and telco Cellnex, upholding an EU decision that requires both the national government and regional authorities to recover €260 million in public funds granted to TV operators for rolling out DTT in remote areas. According to the Commission, the subsidies handed out between 2005 […]
Hewlett Packard Enterprise (HPE) has announced the successful completion of its previously announced acquisition of Juniper Networks, a specialist in AI-native networks. The transaction, valued at $14 billion, doubles the size of HPE’s networking business and provides customers with a portfolio of networking solutions. “Today begins a new era for HPE – we are now at […]
Microsoft has confirmed that it will lay off as many as 9,000 workers in its latest round of job cuts – the third of 2025. The cuts equate to around 4 per cent of the tech giant’s 228,000-strong global workforce. Microsoft said several divisions would be affected, with reports suggesting that its Xbox gaming division […]
Tim Carter, Managing Director, Unscripted, UK, ITV Studios, has confirmed a new creative leadership structure for unscripted label Twofour. In the first announcement to come from Carter in his newly appointed role, the senior leadership team at Twofour, are promoted into their roles with immediate effect. David Brindley is named as the label’s new Chief […]
NoParamount Global has agreed to a $16 million (€13.6m) payout to settle Donald Trump’s lawsuit against CBS and 60 Minutes, regarding its election-time interview with Kamala Harrris. Co-CEO George Cheeks defended the move at the company’s annual shareholder meeting, noting: “The company has agreed in principle to settle the lawsuit, and as reported, it does […]
CNMC, the Spanish regulatory body, has issued a €500,000 fine on Atresmedia for putting commercials on FTA channel La Sexta and OTT platform Atresplayer without identifying the advertising content. According to the TV law in the country, advertising content must be clearly identified with the word ‘advertising’ and differentiated from the rest of the programming. […]
UK broadcast regulator Ofcom has published its final decisions on the BBC’s plans to launch four new DAB+ stations and extend the hours of Radio 5 Sports Extra. The BBC’s proposals include: In November 2024, the BBC proposed to launch four new DAB+ stations: Radio 1 Dance, Radio 1 Anthems, a Radio 2 extension, and […]
Oaktree Capital Management has acquired FilmRise, the US digital streaming content distributor, and merged it with existing portfolio company Shout! Studios, an independent film and television distributors. The combined company, Radial Entertainment, will serve as a global content distribution platform boasting a library of around 70,000 movies and TV episodes. Garson Foos, CEO and Co-founder […]
Following the launch of its new production label in Italy earlier this year under Stefano Torrisi, Warner Bros International Television Production (WBITVP) has confirmed the senior leadership appointments for WBITVP Italia. Pierangelo Marano (pictured, centre) joins as Head of Entertainment, taking creative and strategic lead on non-scripted programming. He will oversee the development and production […]
Airbus Defence and Space says it is implementing a new organisation structure to shape the company’s future competitiveness, with over 2,000 jobs to go. The new organisation came into effect on July 1st. The Division has completed all information and consultation processes on European as well as national levels for its adaptation plan and has […]