TikTok, the video-sharing social media app, has again been given a last-minute extension to finalise a deal to sell off its US business in order to avoid a ban. Parent company ByteDance has been in talks for several weeks with Walmart and Oracle about shifting TikTok’s US assets under their umbrella. It follows an August […]
A pair of detailed reports to clients from investment bank Berenberg makes for good reading for Eutelsat but delivered negative advice as to the state of prospects for arch-rival SES. As for Eutelsat, Berenberg’s analyst Robert Berg says that the satellite operator’s shares are “still cheap”. The bank’s note says: “We reiterate our ‘Buy’ rating […]
The BBC’s Creative Diversity Unit, led by June Sarpong, has launched the Creative Allies Initiative, uniting organisations inside and outside the creative industry to promote the concept of allyship. Tim Davie, Director-General of the BBC joins global leaders from sectors including business, media, fashion and the arts, who have all signed up as Creative Ally Champions. […]
Qvest Media, the international systems architect and consultant in the ICT, broadcast and media industry, has appointed Christian Massmann as Managing Director and Chief Sales Officer (CSO) of the Qvest Group. Massmann will be responsible for the global sales business in the media sector and thereby occupy a key role for one of the Qvest […]
The EU has revealed plans for a new Data Governance Act (DGA), that it says will benefit citizens, societies and companies in Europe. The Act would govern who has access to the data and what purposes it can be used for and how. This is a key element of the EU’s new strategy, announced in […]
UK Chancellor of the Exchequer Rishi Sunak has effectively confirmed that Britain’s gigabit-speed broadband plan has been rolled back, as part of the government’s Spending Review, with industry observers expressing disappointment and confusion. The aim has changed from “every home” by 2025 to “minimum of 85 per cent coverage” by 2025. The budget of the […]
Alex Mahon, Chief Executive of UK PSB Channel 4, has unveiled a new five-year strategy for the business, Future4 – which will accelerate its pivot to digital and significantly increase both streaming of Channel 4 content and new revenues. Channel 4 says this will underpin the organisation’s commercial self-sufficiency and its reach – ensuring Channel […]
Following the UK Government’s announcement and ambition to make households greener, warmer and more energy efficient as part of the new 10 Point Plan to tackle climate change, environmental charity and social enterprise Hubbub and BT Group have revealed plans to create the ‘Smarter Living Challenge’ aimed at helping households to reduce their carbon emissions […]
More details have now emerged on the merger between Ottawa-based Telesat and satellite builder (and shareholder in Telesat) Loral Space & Communications. Key to the long-expected merger solution is the role of Canada’s Public Sector Pension Investment Board (PSP). Under the merger agreement PSP, Loral and Telesat Canada will each become subsidiaries of ‘new’ Telesat […]
ITV has appointed two new Creative Diversity Partners who will play key roles in driving greater diversity and inclusion both on and off screen. Reporting to Ade Rawcliffe, ITV Group Director of Diversity & Inclusion, Nahrein Kemp and Sam Tatlow will support the implementation of ITV’s Diversity Acceleration Plan, launched earlier this year, aimed at […]