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Bank give $55 target to AST SpaceMobile

AST SpaceMobile has received another boost from an investment bank. Bank of America has given a price target of $55. What’s somewhat remarkable is that the Bank has only included conventional commercial activity for its ‘Direct-to-Consumer’ space-based cellular service. The Bank has left out potential revenues from Defence or Government demands, both expected to figure […]

June 26, 2025

ViewLift on Xfinity, Xumo; Mellilo named CBO

ViewLift, a provider of digital solutions for sports and media content owners, has announced its launch on Comcast’s Xfinity and Xumo platforms. In tandem with this strategic rollout, ViewLift has appointed Charles Mellilo as Chief Business Officer, where he will lead the company’s business development and marketing efforts. With this launch, ViewLift-powered apps—including Monumental Sports […]

June 26, 2025

CIMM recommends universal watermarking solution

The Coalition for Innovative Media Measurement (CIMM) has published guidance that the US market would benefit from widespread adoption of an open, universal watermark to support improved measurement, creative identity, as well as the deployment of standardised activation triggers, and unveiled an industry action plan to support accelerated adoption. The collaborative study, authored by industry […]

June 25, 2025

LBG reports double digit profits in H1

London-based LBG Media, a social entertainment powerhouse with a focus on young adults, has reported H1 total Group revenue up 13 per cent, reflecting momentum with clients. In a financial statement, the company said: “Whilst mindful of heightened macroeconomic volatility and the impact of tariff uncertainty on advertising spend and advertising yields since the half […]

June 25, 2025By Chris Forrester

Mediaocean names McGrory President of Prisma

Mediaocean, a partner for omnichannel advertising, has announced the promotion of Ramsey McGrory to President of Prisma, the platform for integrated media buying, optimisation and execution. In this role, McGrory will oversee the continued growth and expansion of Prisma for global customers and partners. McGrory currently serves as Chief Development Officer at Mediaocean, where he […]

June 25, 2025

EC OKs Liberty Media, MotoGP deal

Liberty Media has received unconditional approval from the European Commission to complete its acquisition of MotoGP rights holder Dorna Sports. The deal is now expected to close no later than July 3rd, opening the door to a new era for the sport. MotoGP is already currently seeing record crowds, new venues and growing audiences. Liberty […]

June 24, 2025By Colin Mann

Creative Industries Sector Plan: Responses

Following publication of the UK Government’s Creative Industries Sector Plan, Dame Caroline Dinenage MP, Chair of the Culture, Media and Sport Committee of the House of Commons, said: “It’s crucial that the Government has a comprehensive strategy in place that allows the creative industries to unlock their full potential and drive innovation and growth for […]

June 24, 2025By Colin Mann

Ligado, AST SpaceMobile deal approved by judge

A Delaware bankruptcy court on June 23rd approved the long-term acquisition by AST SpaceMobile (AST) of Ligado’s L-band spectrum over North America. The judge, Thomas Horan, was brief in saying: “I am going to grant the motion today. The motion is granted”. The motion in question was that AST would pay $568 million (€490m) to […]

June 24, 2025By Chris Forrester

CMA plans competition in search services

The UK’s Competition and Markets Authority (CMA) is proposing to designate Google with ‘strategic market status’ (SMS) in general search and search advertising under the new Digital Markets Competition Regime. The CMA has also published a roadmap of potential actions it could prioritise were Google to be designated. Early priorities include: requiring choice screens for […]

June 24, 2025By Colin Mann

£75m boost for UK production

The UK Government has unveiled a major investment package in the UK’s film and TV industry that it says will open doors for young talent from all backgrounds and secure the nation’s position as a world-leading production hub. The Screen Growth Package, worth £75 million (€87.9m), forms a central pillar of the forthcoming Creative Industries […]

June 23, 2025By Colin Mann