Australia-headquartered speciality satellite services business Speedcast formally exited its Chapter 11 bankruptcy last week, helped by a significant injection of cash by new private equity owners Centrebridge Partners. It filed for bankruptcy in April 2020 with some $689 million (€579m) in debt. Speedcast says it is now well-placed for its restructured future. Centrebridge invested some […]
The Federal Communications Commission is making valuable mid-band spectrum in the 3.45-3.55 GHz band available for auction to facilitate 5G deployment across the contiguous United States. The Consolidated Appropriations Act of 2020 required the Commission to commence a system of competitive bidding for licences in the 3.45-3.55 GHz band by the end of 2021. The […]
Analysts at Berenberg Bank have compared and contrasted Europe’s two satellite giants SES and Eutelsat in a detailed report. SES has a balance sheet that is in good shape says Berenberg but, despite its larger size, will generate much less cash flow than Eutelsat in 2021 and 2022, and, given uncertainty about the long-term future […]
Renowned US talk show host, Ellen DeGeneres, has joined Discovery where she will collaborate on a slate of content. Exclusive to Discovery in the natural history space, DeGeneres will develop and produce a variety of specials, series, and documentaries. The line-up will highlight the wonders of the natural world and the wildlife that inhabits it […]
UK comms regulator Ofcom has announced the outcome of the principal stage of its auction to release more airwaves to improve mobile services and support 5G. A total of 200 MHz of spectrum was available to bid for in the auction, split across two bands: 80 MHz of spectrum in the 700 MHz band. These airwaves […]
Trade body the Audiovisual Anti-Piracy Alliance (AAPA) has confirmed the reappointment of Mark Mulready, VP Cyber Services at Irdeto, and Phillip Davies, Director of Anti-Piracy Partnerships at Sky Group, to serve as Co-Presidents for a further two-year term. The Co-Presidents, supported by the Executive Vice President, Sheila Cassells, are responsible for implementing the strategy agreed […]
India’s Space Research organisation (ISRO) has declared it will now focus on research and development. The move means ISRO will offload most of its space-related activities. ISRO chairman Kailasavadivoo Sivan says that the decision will open up the company and the sector to more privately-funded participation in the space sector. “The future of space activities […]
3D specialists RealD says that its ownership of key European patents on 3D cinema systems have been conclusively upheld as both valid and infringed by Volfoni. Judgments regarding patent infringement are now final, and so are judgments upholding the validity of the asserted patents. Thus, Volfoni has reached the end of the road in the […]
UK screen industry bodies BFI and BAFTA have revealed the next stage of what they claim is ground-breaking work to tackle bullying, harassment and racism in the workplace with a new employer Action List for the film and television industry, as The Film and TV Charity launches new services, providing immediate support for workers. The […]
Syeda Irtizaali and Jo Smith have been confirmed as the two new Portfolio Editors working across BBC One and BBC Two and Four. Both roles will report directly to Dan McGolpin, Director of BBC iPlayer and Channels, who will bring together all of the programming and curation activity across iPlayer and the channels. Irtizaali and […]