Germany mass media company ProSiebenSat.1 closed the 2020 with a strong fourth quarter: In this period, Group revenues increased by 11 per cent to €1.492 billion. All segments contributed to this growth. The 3 per cent increase in entertainment advertising revenues, continued dynamic revenue development of the online beauty provider Flaconi and the positive effects […]
StarTimes, the Chinese-owned pay-television operator in sub-Saharan Africa, is facing the threat of a winding up order after allegedly failing to pay beIN Media Group for rights to French football’s Ligue 1, according to a GlobalData report. GlobalData also said that the broadcaster, part of Hong Kong-based holding company Century Sun, has delayed payments to […]
TransMedia Dynamics (TMD) has been acquired by Lumine Group, a division of Volaris Group, which is focused on the communications and media vertical market. TMD is a global provider of content supply chain software to a number of media & entertainment, government and archive organisations. TMD’s customer base spans North America, Europe, and Asia-Pacific, and […]
Motion Pictures Laboratories (MovieLabs) has appointed Spencer Stephens to the role of Senior Vice President, Production Technology and Security. Spencer joins the non-profit research technology lab full-time. He previously consulted for MovieLabs and served as the principal author of The Evolution of Production Security – Securing the 10-Year Vision for the Future of Media Production, […]
Amobee, a global player in advertising technology that unifies TV, digital and social to deliver results that drive customer growth, has announced the appointment of advertising industry veterans Tim Spengler to General Manager of Advanced TV Solutions and Valerie Bischak as General Manager, Head of Growth. Spengler and Bischak have joined Amobee to accelerate the […]
Media group RTL’s largest business unit, Mediengruppe RTL Deutschland, is to acquire the outstanding 50 per cent shareholding in digital entertainment company Super RTL, having signed a binding agreement with its current joint venture partner, BVI Television Investments, Inc., a subsidiary of The Walt Disney Company. This will take RTL Group’s shareholding in Super RTL […]
Global sports streaming platform operator DAZN Group has appointed Kevin Mayer as Chairman of the Board of Directors. With more than three decades of executive experience in the media industry, DAZN says that Mayer will provide strategic direction to its leadership team as the company continues along its aggressive growth trajectory. Mayer was previously Chairman […]
fuboTV, the US sports-first live TV streaming platform, has announced its financial results for the fourth quarter and full year ended December 31st 2020. The company closed its strongest fourth quarter and year in its history, topping $100 million in quarterly revenue for the first time ($105.1 million actual). fuboTV ended 2020 with 547,880 paid […]
Formula 1’s revenues of $485 million (€400m) for Q4 were 7 per cent lower year-on-year, and below market expectations. A report from investment bank Berenberg says that F1’s financial numbers were not a “miss” so much as a reflection of the opacity of Formula 1’s fundamentals during the pandemic. The bank says: “2021 looks set […]
UK communications infrastructure and media services company, Arqiva, has confirmed the appointment of Adrian Twyning as Chief of Operations, effective immediately. Twyning is appointed to Arqiva’s Executive Committee, reporting to CEO Paul Donovan. Having recently undertaken a significant period of system transformation and platform consolidation,Twyning will be accountable for building an integrated function that enables […]