The European Commission has given its green light to Buendía Estudios, the joint TV content production company set up by Telefónica and Atresmedia to produce Spanish-speaking productions internationally. The new combined company – the result of a recent deal between Telefónica and Atresmedia – will produce content to be distributed through all platforms in direct […]
NBCUniversal and Sky have named the leadership team for the companies’ new One Platform Global Advertising & Partnerships offering. Newly-named President & Managing Director of Global Advertising & Partnerships KC Sullivan will lead the unified Global Advertising & Partnerships Team, and bring this offering to market. Sullivan, who most recently served as President & Managing […]
Telia Company has agreed to sell its 47.1 per cent holding in Turkcell holding, which owns 51 per cent in the listed company Turkcell Iletisim hizmetleri, to the state owned Turkey wealth fund for $530 million (€471.6m). The transaction also includes, subject to closing, a full and global settlement of all shareholder disputes and litigations […]
Despite being in bankruptcy protection, Intelsat’s executives are seeking to continue receiving impressive salaries and compensation packages. Intelsat is continuing to operate its business as a ‘debtor in possession’. On June 30th, the bankruptcy court will consider a motion to allow Intelsat to continue paying senior staff under its Key Executive Incentive Plan (KEIP) which […]
Airbus Defence & Space and OneWeb are in a joint-venture to build up to an initial 900 of OneWeb’s Low Earth Orbiting (LEO) satellites at a factory in Florida and a subsequent 1600 follow-on Generation 2 satellites. Airbus has formally objected to the bankruptcy court which is handling the upcoming sale or auction of OneWeb’s […]
California-based Viasat has some inevitable anxieties about the current Covid-19 pandemic and the impact it is having on its aircraft-based In-Flight Communications and Entertainment revenues. It is borrowing $400 million (via Senior Unsecured Notes due 2028) in a private placing. Viasat says it intends to use the net proceeds from the offering to repay all […]
ViacomCBS Networks International (VCNI) has appointed Jaime Ondarza as Executive Vice President and General Manager of a newly created regional structure, which includes France, Iberia, Italy, the Middle East, Greece and Turkey. Ondarza will report to Raffaele Annecchino, President, ViacomCBS Networks Europe, Middle East, Africa & Asia. In this new role, Ondarza is charged with […]
The World Trade Organization (WTO) has ruled that the Government of Saudi Arabia has actively promoted and supported the beoutQ pirate operation since the beginning. The WTO’s final judgement – published on June 16th 2020 – declares Saudi Arabia has wholly breached, and is breaching, its obligations under international law to protect intellectual property rights. […]
The Creative Industries Federation has warned of a ‘cultural catastrophe’ as research from Oxford Economics reveals that the UK’s creative industries are on the brink of devastation. The UK’s creative sector was previously growing at five times the rate of the wider economy, employing over 2 million people and contributing £111.7 billion (€125bn) to the […]
The City of London Police’s Intellectual Property Crime Unit (PIPCU) and UK intellectual property protection body FACT are warning sports fans to use legitimate sources to watch the return of the Premier League as football comes back to our screens. In 2019, three individuals from the UK Midlands city of Coventry were jailed for 17 […]