SES has confirmed that it has received all the necessary legal and commercial permits to needed to complete its acquisition of Intelsat. SES says it plans to close the $3.1 billion (€2.65bn) transaction on or around July 17th. The two companies are holding meetings this week to finalise the financial transaction. The consolidation exercise will […]
Deltatre, a provider of streaming, digital, data, and graphics solutions for the sports, media, and entertainment industries, has entered into a definitive agreement to acquire Endeavor Streaming from Endeavor Group Holdings. In bringing together these digital and OTT providers, Deltatre is joining its product suite – D3 VOLT, FORGE, AXIS, and DIVA, which delivers multi-functional […]
BBC Director General Tim Davie and Chair Samir Shah are to appear before the Culture, Media and Sport Committee of the UK House of Commons in September for a session on the work of the Corporation, including editorial standards and decision making, and its workplace culture. The pair will be asked about the internal review […]
Alphabet, the parent company of Google, Waymo self-driving cars and dozens of other subsidiaries, is further investing in would-be satellite direct-to-consumer cellular activity AST SpaceMobile. Google is already a strategic investor in AST SpaceMobile, having participated in a $155 million (€132.6m) investment round alongside AT&T and Vodafone in January 2024. The investment supported AST SpaceMobile’s […]
Amagi, the cloud-based SaaS technology solutions provider for broadcast and streaming TV, has announced the appointment of Sangeeta Chakraborty as its Chief Revenue Officer. In this role, Chakraborty will lead all global go-to-market functions, including sales, customer success, marketing, services, and operations, to drive Amagi’s next phase of growth and customer impact. Chakraborty brings over […]
Ericsson has reported that Q2 2025 sales grew by 2 per cent, driven by market area Americas and IPR licensing, partly offset by declines in other market areas, with investments in India on hold. Reported sales were SEK 56.1 billion (€4.99bn), with a SEK -4.7 billion FX impact. Adjusted gross income increased to SEK 27 […]
Moonvalley, the AI research company building foundational AI video models and tools trained exclusively on licensed content, has raised $84 million (€71.8m) in additional funding led by existing investor General Catalyst. The round includes strategic investments from entertainment and sports agency Creative Artists Agency (CAA), AI cloud CoreWeave, and Comcast Ventures. Existing investors Khosla Ventures […]
July 11th saw the clearest indication that the long wait for SES to receive its permissions to acquire rival Intelsat is coming to an end, with the Federal Communications Commission (FCC) giving its approval to the transfer “of the control of licenses from Intelsat to SES”. This, in effect, ends the FCC’s oversight of the […]
On the heels of the UK’s confirmation that it is topping up its capital investment in Eutelsat’s OneWeb (by €163.3 million), Eutelsat’s Indian partner Bharti Space is making a similar top-up worth €120 million. The smaller amount reflects a €30 million capital injection made in June by Bharti. Following the fresh investment, Bharti Space’s stake […]
Dame Caroline Dinenage MP, Chair of the UK House of Commons Culture, Media and Sport Committee, has suggested that production company Banijay and the BBC need to “raise their game” in terms of complaints processes following the publication of the investigation into the behaviour of TV presenter Gregg Wallace. “More than half of the allegations […]