CuriosityStream, the factual entertainment streaming service, has revealed it has amassed 13 million subscribers. The total number of paying global users has increased by 108 per cent year-on-year. Q3 revenue was $8.7 million (€7.3m), up from $4.8 million in the same period last year. Meanwhile, CuriosityStream has announced it will premiere its original new series […]
Amazon Prime Video and Amazon Studios have announced a €1 million commitment to support the Italian entertainment industry through the pandemic. The donation is being made to the emergency Covid-19 fund, Scena Unita, created by a group of Italian artists and celebrities, with the support of Amazon Prime Video as main donor. The fund is […]
Cellnex Telecom and CK Hutchison have announced a series of agreements pursuant to which Cellnex will acquire circa 24,600 telecommunications towers and sites that CK Hutchison currently owns in Europe for total consideration of €10 billion. The transactions include the roll-out of up to 5,250 sites over the next eight years with an investment of […]
RTL has reported better than expected TV advertising revenue across the Group down by just 2.1 per cent, and total revenue down by 1.5 per cent to €1.4 billion. From January to September 2020, group revenue was down 11.8 per cent to €4.053 billion. In the same period, the Group saw gains in net TV […]
ITV, the UK commercial broadcaster, has published its Q3 trading update for the 9 months to September 30th. Total external revenue was down 16 per cent at £1.86 billion (€2.08bn). Total ITV Studios revenue was down 19 per cent at £902 million. Broadcast revenue was down 13 per cent at £1.27 billion with ITV total […]
A Europe-wide operation headed by Italy’s Guardia di Finanza (Financial Police) has led to the closure of over 5,500 illegal live streaming sites and more than 350 Telegram channels. The operation, named ‘The Perfect Storm’ and coordinated by the Naples Public Prosecutor’s Office, targeted a network that broadcast football matches and sports events via illegal […]
Alchimie, the French OTT content aggregator, has filed for an IPO on Euronext Growth in Paris. The company, founded by Nicolas d’Hueppe, aims to raise its capital by €20 million in order to accelerate its development in France and on the international market. The process is set to close on November 23rd. Alchimie currently boasts […]
Italian broadcaster Mediaset’s delivered better-than-expected Q3 results with its Italian revenue beating the market’s consensus by some 3 per cent. No Full Year 2o20 guidance was provided, but the trend appears to be supportive. Its core financials for Q3 saw group revenue rise by 2 per cent year on year to €556 million. Breaking down […]
TikTok has filed a legal challenge to the Trump administration’s plan to shut its service down in the US this week. President Trump had ordered a ban on new downloads of the viral video service from November 12th, unless ByteDance was purchased by a US firm – and no deals have been concluded. TikTok said […]
Fox News won the ratings war in the US election hands down. But its candidate lost, even if that is taking a while to sink in. Ironically, Fox’s statisticians were the first to call the poll for Biden, something that has brought them condemnation from the station’s headbanger Alt-Right poster boys who are wildly popular […]