The BBC has announced the re-appointment of Sir Nicholas Serota CH as a non-Executive Director to the BBC Board. Serota is the Board’s current Senior Independent Director. He will now serve a new three year-term starting on April 3rd 2021 and concluding on April 2nd 2024. The BBC Board has also extended the appointment of […]
WarnerMedia International has unveiled its new-look India, Southeast Asia and Korea organiation and leadership team. This unites WarnerMedia Entertainment Networks (comprising the legacy Turner and HBO businesses) with Warner Bros (Theatrical Distribution, TV Syndication, Home Entertainment as well as Consumer Products, Gaming and Location Based Entertainment). WarnerMedia says the announcement “forms one of the most […]
OneWeb, the LEO system now backed by UK government, has cleared the challenges of Chapter 11 bankruptcy reconstruction. The company, in a statement, said: “Today, OneWeb announces its emergence from US Chapter 11 bankruptcy protection and achievement of all relevant regulatory approvals. A consortium of UK Government (through the UK Secretary of State for Business, […]
Following a request from the UK’s Competition and Markets Authority (CMA), the European Commission has referred the proposed merger of Virgin Media and Virgin Mobile with O2 to the CMA for investigation. Following the announcement of the deal in May 2020, the CMA publicly indicated that it would make a formal request to the European […]
Verizon Media and BuzzFeed have announced a new strategic partnership across content and advertising, the acquisition of HuffPost by BuzzFeed, and an investment that will make Verizon Media a minority shareholder in BuzzFeed. From powering new consumer shopping experiences, to content syndication, to innovative ad products, the partnership will unlock new revenue opportunities for both […]
Altice Europe has reported group revenue grew by 3.2 per cent year-on-year in Q3 2020. Telecom revenue excluding equipment and roaming grew by 4.4 per cent and residential service revenue excluding roaming grew by 1.9 per cent. Total accrued capital expenditure was €818 million in Q3. Consequently, Operating Free Cash Flow amounted to €663 million. […]
The news that Eutelsat is completely ending its already strained relationship with Viasat prompted one analyst to update clients on the position. Viasat will now own 100 per cent the Euro Broadband Infrastructure (EBI). Giles Thorne (media analyst at Jefferies) was blunt: “The curtain comes down on Viasat’s disastrous first steps into European broadband. Eutelsat […]
The UK advertising industry’s education non-profit body, Media Smart, in partnership with The Industry Trust for IP Awareness, the Motion Picture Association (MPA) and the Intellectual Property Office, has launched a new school resource focused on intellectual property. The resource – Piracy: What’s The Big Deal? – turns the spotlight on film and TV piracy. […]
UK comms regulator Ofcom has published its annual monitoring report on the progress towards delivering a more independent Openreach, the digital infrastructure subsidiary of dominant telco BT. In 2017, BT notified Ofcom of its voluntary commitments to reform Openreach. This included Openreach becoming a legally separate entity with its own board, management and staff. In […]
AMC Networks, the US cable entertainment company, is letting go 10 per cent of its staff, amounting to nearly 100 positions, in a reorganisation designed to streamline the company’s linear and streaming operations. CEO Josh Sapan announced the cuts during a virtual town hall, according to Deadline, saying a strategic evaluation of the company had […]