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Space42 secures $695m for GEO

Space42, the Emirates-based SpaceTech business, has signed financing facilities worth $695.5 million (€592m), backed by Export Credit Agency guarantees to fund Space42’s two next-generation geostationary satellites Al Yah 4 and 5. The borrowings are arranged by Crédit Agricole CIB, Santander CIB, Societe Generale and Natixis and backed by Bpifrance Assurance Export. The satellites are set […]

July 25, 2025By Chris Forrester

Arrests in Argentina La Liga piracy case

In a new key step in the fight against audiovisual fraud, Spain’s top-flight football league La Liga and ALIANZA Against Piracy have announced a decisive legal action in Argentina, involving five simultaneous raids and multiple arrest warrants issued by the courts in the framework of a major case against the illegal platform MagisTV — one […]

July 25, 2025By Colin Mann

YouTube nears $10bn ad revenue for quarter

Alphabet Q2 2025 made $96.4 billion (€81. 9bn) in revenue. Net income was $28.2 billion, up 19 per cent from the second quarter of 2024.5 YouTube’s ad revenue for the quarter ending June 30, 2025 came in at $9.8 billion. In June, YouTube made up 12.8 per cent of all TV usage, according to Nielsen, […]

July 24, 2025

ITV H1 profits down 31%

UK commercial PSB ITV says its H1 performance is ahead of market expectations as it continues to execute successfully Phase Two of the More Than TV strategy, including the expansion of its UK and global production business in ITV Studios, supercharging its streaming business, ITVX and optimising its highly cash generative linear broadcast business. Total […]

July 24, 2025

BT Q1: “Solid start”

Allison Kirkby, BT Chief Executive, commenting on the telco’s first quarter results said: “BT has had a solid start to the year, with our full fibre broadband now reaching more than 19 million homes and businesses and our 5G network available to over 87 per cent of the UK population. We’re seeing strong customer demand […]

July 24, 2025

South Africa: Canal+ MultiChoice deal approved

South Africa’s Competition Tribunal has approved Canal+’s takeover offer of African pay-TV provider MultiChoice. But there are conditions. The takeover, valued at 35 billion Rand (€1.7bn) can go ahead provided the Tribunal’s conditions are met. The conditions require Canal+ to guarantee public commitment proposals already agreed by both parties. The package also supports the participation […]

July 24, 2025By Chris Forrester

TAC welcomes Ofcom Codes of Practice decision

Welsh independent TV producers trade body TAC (Teledwyr Annibynnol Cymru) has welcomed the decision by broadcast regulator Ofcom not to proceed with proposed changes to the Codes of Practice which guide commissioning negotiations between UK public service broadcasters and independent producers. Ofcom had proposed to bundle primary and secondary rights and to remove a prohibition […]

July 24, 2025

Atresmedia H1: €63.8m profit

Atresmedia has reported a net profit of €63.8 million for the first half of 2025, reaffirming its position as Spain’s leading TV group. During the first half of 2025, Atresmedia recorded net revenues of €506.6 million and an EBITDA of €85 million. The group’s advertising revenue remained stable, with a total market increase of 0.8 […]

July 23, 2025From David Del Valle in Madrid

No morality in this tale

There’s no moral in this story because, of course, it is about television. For as long as it has been around there have been moral panics about TV, as in ‘does what it puts on screen erode the moral fibre of a nation?’ As the word panic implies, the answer is, generally, no. Nowadays even […]

July 23, 2025

ITV Studios takes majority stake in Plano a Plano

ITV Studios has taken a majority stake in the leading Spanish scripted production company Plano a Plano. Founded in 2011 and run by owner and Producer César Benítez, Plano a Plano is known for the hit series Valeria, based on the novels by Elísabet Benavent ranked in Netflix’s Top 5 most-viewed international dramas globally, El Principe for Mediaset which has sold […]

July 23, 2025