WWE has announced the appointment of Karen Mullane as Controller & Chief Accounting Officer, reporting directly to WWE Chief Financial Officer Kristina Salen. In her new role, Mullane will be responsible for overseeing the company’s accounting division as well as ensuring the appropriate financial controls of WWE. Mullane brings a 35-year track record of successfully […]
Greek telecommunications and pay-TV provider Forthnet has officially become part of United Group, a provider of telecommunications services and media in Southeast Europe. United Group says its entry into the Greek market is another milestone in its European growth strategy and further cements the Dutch-based group’s position as an industry leader, operating in eight countries […]
Financially stretched South Africa Broadcasting (SABC) has cancelled plans to reduce its significantly over-staffed payroll by 400 jobs. A decision has been postponed until 2021, although extra pressures from government and unions might postpone any lay-offs indefinitely. “The SABC board has extended the suspension of the section 189 process to the end of December 2020 […]
Netflix will start invoicing its Spanish subscribers from Spain from January in a move that will oblige the company to pay ‘real’ taxes for its ‘real’ revenues in the country, according to the Cinco Días newspaper. Netflix has previously been billing via Netflix International BV, headquartered in Holland. From January 2021, the company will report […]
A reconstruction between Loral Space & Communications and Canada’s Telesat has been under assorted discussion for years, and years, and then some! The complications around any merger were made especially challenging by joint cross-holdings between Loral and Telesat, and then further compounded by their major shareholder Canada’s Public Sector Pension Investment Board (PSP Investments). Those […]
Open standards development organisation Broadband Forum has published three new standards, which it says marks a major step forward in unlocking a new wave of 5G innovation and prepare telcos for the mass adoption of 5G. The three new specifications will allow telcos to build their 5G networks with open, cloud-native platforms that utilise software […]
Japan’s Ministry of Internal Affairs & Communications says it plans to introduce legislation to impose extra charges on people who are “illicitly” watching TV sets without paying the reception licence fee. Public broadcaster NHK depends on the reception fees for its income But the proposed new rules may not be easy to implement. A government […]
In anticipation of several key European Commission proposals such as the Digital Services Act and the EU IP Action Plan, trade body the Audiovisual Anti-Piracy Alliance (AAPA) has shared its position on how to strengthen the fight against online piracy and the protection of intellectual property rights at the European Union level. The Alliance welcomes […]
NENT Studios UK, the London-based content development, production and distribution business currently owned by Nordic Entertainment Group (NENT Group), is looking for a new owner. Richard Halliwell, NENT Studios UK’s CEO, is involved in the sale process which currently has expressions of interest from more than 20 UK and international businesses. NENT Group is divesting […]
The EFL, which administers the second, third and fourth tiers of professional football in England, alongside all 72 of its member Clubs, has launched a campaign aimed at discouraging the illegal streaming of fixtures, warning that doing so will take vital revenue away from Clubs. The outbreak of Covid-19 and subsequent behind-closed-doors matches mean that […]