Telia Company, in response to media speculation regarding a potential divestment of its stake in Turkcell holding, has confirmed that discussions are currently ongoing with the Turkish wealth fund regarding a potential divestment of its indirect stake in Turkcell for approximately $530 million (€471.8m). In a statement, Telia said: “Negotiations are still ongoing and are […]
Three of Pittsburgh’s leading local network-affiliated television stations – WPGH (FOX), WTAE (ABC) and WPNT (MyNet) – have become among the first in the United States to begin broadcasting with NextGen TV digital broadcast technology based on the ATSC 3.0 standard. The Pittsburgh launch follows a decade of development of the new technology and a […]
ITN Productions has announced two new appointments to its new regional base in Leeds. Caroline Short is joining as an Executive Producer and Gorana Jelovina will take on the role of Development Assistant Producer. ITN Productions opened its Leeds office, complete with state-of-the-art edit facilities, as part of its regional expansion plans earlier this year. […]
A commercial court in Madrid has set a July 1st hearing on Italian broadcaster Mediaset’s plans to merge its Italian and Spanish divisions under a Dutch holding, Mediaset Espana has declared in a filing with the Spanish regulator. The Spanish commercial court (Juzgados de lo Mercantil) suspended the merger in October 2019 as a precautionary […]
The C-band replacement satellite orders for US coverage are being confirmed. Intelsat has ordered up at least six satellites. Four are to come from Maxar Technologies and will be built at Maxar’s Palo Alto plant (the former Space Systems/Loral facility). Two others will be supplied by Northrop Grumman. There will also be an additional seventh […]
Cineworld has revealed that it will tentatively reopen for business in the UK on July 10th. The cinema chain said in a statement: “We are excited to announce that we are planning to reopen Cineworld Cinemas across England on 10th July 2020. The opening date is subject to final clarifications and confirmation in regards to […]
Financially challenged Technicolor is looking to strike a conciliation agreement with its existing bankers and lenders (in France described as a SFA: Sauvegarde Financiere Acceleree) and to thus restructure its obligations. Technicolor needs a two-thirds majority agreement by its lenders in order to proceed with the SFA. Alongside the SFA the technology company is looking […]
Would-be mega-constellation operator OneWeb, now in Chapter 11 bankruptcy, has a key date looming; June 26th is a deadline for final bids to be entered for either the whole business or parts of the company. The bankruptcy is being handled by a court in New York and, according to Space Intel Report (SIR), the original […]
NOW TV has announced that Michelle Golding will be joining the Sky-operated streaming service immediately as Director of Strategy and Propositions. Covering Louisa Taylor’s maternity leave, Golding will report into Marina Storti, Managing Director of NOW TV, and will be responsible for managing the customer proposition and business strategy strands of the OTT business. Storti […]
Red Arrow Studios has announced that Joel Denton has been appointed as Acting President of the company’s TV distribution business, Red Arrow Studios International. Denton, who joins the company immediately and is based in London, will work together with current President of the business Bo Stehmeier to ensure a smooth transition before Bo leaves Red […]