Financially troubled South African public broadcaster SABC says it has issued notices to some 600 staff warning them of possible redundancies. SABC is reorganising itself with the aim of dramatically trimming costs. It has been warned by the country’s government that there’s no more cash available for bailouts. A new set of financial conditions has […]
The BBC is setting out the first in a new series of bold steps to transform its programming and better represent the public it serves. The BBC’s Creative Diversity Commitment – the biggest financial investment to on-air inclusion in the industry – will prioritise £100 million (€110m) of existing commissioning budget over three years (from […]
Quortex, a provider of a video streaming solution over the Internet, has raised €2.5 million in seed capital, in a funding round led by Elaia and Go Capital, with the participation of Unexo and Business Angels. The Quortex software solution is already used by customers such as M6 and Red Bee Media. Quortex says this […]
A Eutelsat board meeting on June 18th voted to cancel 2,229,640 shares, representing 0.96 per cent of the share capital, in accordance with the authorisation granted by the 14th and 15th resolutions of the Combined General Shareholders’ Meeting of November 7th 2019. Of the 2,229,640 shares cancelled, 2,124,572 shares were acquired under the share buyback […]
Josh Barstow has been promoted to the newly created position of Chief Revenue Officer at OpenVault, a global provider of technology solutions and industry analytics for broadband operators. Barstow will leverage more than 20 years of experience in the telecommunications sector to grow OpenVault’s global expansion, drive channel strategy and manage sales efforts and resources. […]
Network technology provider Nokia has successfully completed a series of Over-the-Air (OTA) 5G NR (new radio) trials in C-band spectrum, in Dallas, Texas. The drive tests, which achieved stable peak throughput speeds of over 1 Gbps, confirmed that Nokia’s solution is ready for commercial deployment ahead of the US C-band spectrum auction in December. The […]
Twenty-five public service media organisations from the EBU Member community have responded to an urgent TV content appeal by providing over 200 TV programmes, amounting to 1,300 hours of content, for use by all public service broadcasters. The EBU-facilitated appeal was launched following the disruption of production schedules and predictions of a crisis for the […]
Charlie Ergen’s Dish Network move into wireless, helped by its $1.4 billion acquisition of Sprint’s Boost Mobile subsidiary, will close on July 1st. Part of the purchase agreement was payment by Dish of an additional $3.5 billion for T-Mobile’s spectrum licenses. A June 17th filing to the US Securities & Exchange Commission (SEC) made by […]
The announcement that Ferdinand Kayser (CEO, SES Video division) and John Purvis (Head of Legal/General Counsel) are stepping down from their senior roles also brings to an end another ‘Luxembourg connection’ for SES. Chairman of the Board Romain Bausch is a Luxembourger, of course, as are some of the other Board members. But Kayser’s departure […]
SES has revealed that Ferdinand Kayser, who has spent nearly 20 years at SES leading the video business and is presently the CEO of SES Video, has decided to retire at the end of 2020. The next six months will allow for a full and orderly transition of executive activities directly to Steve Collar, CEO […]