Significant job cuts have been announced at both Mediapro and Telefónica in Spain. Telefónica is preparing to shed more than 6,000 employees across seven of its subsidiaries — including Telefónica de España, Telefónica Móviles, Telefónica Soluciones, Movistar+, Telefónica S.A., and Telefónica Global Solutions — as negotiations begin on a series of redundancy plans. The proposed […]
In what is described as a “groundbreaking” ruling, the District Court of Aachen in Germany has convicted the operator of illicit cyberlocker Share-Online to a two-year suspended prison term – sending a message that those who operate cyberlockers to facilitate digital piracy can and will be held criminally accountable for fueling online piracy. This action […]
Analysts at investment bank Deutsche Bank have outlined some aggressive share price targets for would-be global Direct-to-Device (D2D) satellite operator AST SpaceMobile. The current share price target is an already bullish $81 (€70) per share. AST’s shares are trading at about $58-$65 per share, with the market in general awaiting the upcoming mid-December launch of […]
The EW Scripps Company has confirmed that it has received “an unsolicited acquisition proposal” from Sinclair. The tabled bid reportedly valued Scripps at $538 million (€466.2m). “Consistent with its fiduciary duties and in consultation with its legal and financial advisors, the company’s board of directors will carefully review and evaluate any proposals, including the unsolicited […]
Online piracy has evolved into a structural threat to Europe’s cultural sovereignty, competitiveness and consumer safety, according to the Alliance Against Audiovisual Piracy (AAPA). The Alliance notes that the European Commission’s report recognises that existing voluntary and non-binding approaches to online piracy have not delivered the intended results. Piracy continues to grow in scale and […]
Eutelsat has announced the launch of a €670 million rights issue as part of its €1.5 billion capital raise to reinforce its financial structure and fund strategic ambitions. The announcement was expected, but there were also some extra details: · Subscription price: €1.35 per new share · Subscription ratio: 8 new shares for 11 existing […]
The Live Content Coalition, representing Europe’s leading commercial broadcasters and VoD services, sports organisations, and live content producers and exhibitors, says it agrees with the European Commission’s conclusions regarding the inefficacy of its Recommendation on combatting online piracy of sports and other live events, set out in its assessment published on November 20th. The Commission’s […]
ITV Studios has announced the appointment of Moira Hogan as Executive Vice President, APAC Sales and Distribution. She joins the company after having recently stepped down from BritBox International where she held the position of EVP International Markets & General Manager Australia for five years. Hogan will join the team in early February 2026, reporting […]
Futuresource Consulting has appointed David Watkins as its new Director of Consumer Electronics & Media. Watkins joins Futuresource with more than 15 years of senior leadership experience, including nearly a decade as Practice Lead for the Media & Intelligent Home Group at Strategy Analytics. Most recently, he served as VP of Consumer Electronics at TechInsights, […]
Spain’s top-flight football league La Liga says it is awaiting the European Commission strengthening its Recommendation on combatting online piracy of sports and other live events, following the conclusions presented on November 20th. These conclusions are the result of thorough monitoring by the European Union Intellectual Property Office (EUIPO), which acknowledged the Recommendation’s ineffectiveness, the […]