The UK government announced over the weekend that England will go into a ‘circuit-breaker’ lockdown for at least four weeks starting November 4th. However, Premier League football and other elite sports have been granted permission to continue during the lockdown due to the testing measures in place. Amateur sports will be put on hold. As […]
Mediaset’s OTT service Mitele Plus is suffering from a significant decline in subscribers, 25,000 down in the third quarter to 138,000 versus 163,000 in June. The subscriber loss is largely attributed to the lack of pay–TV football and the gamble on TV reality content by the platform. By contrast, its rival Atresmedia’s OTT service AtresPLAYER, […]
CreativeFuture, a US coalition that promotes the value of creativity in today’s digital age, has criticised so-called Big Tech’s stance on copyright, calling its views “imbalanced”. In a blog post, Ruth Vitale, Chief Executive Officer, suggests Big Tech’s house is in shambles, shaken by scandals, and people all over the world are creating pressure to […]
Juris Gulbis, chairman of the board of Latvian telco Tet (formerly Lattelecom) has been charged with possible involvement in fraud in the introduction of digital television in the country. The prosecutor’s office has indicted Gulbis and four other persons for participating in fraud, as a result of which Tet suffered a reported loss of €7,585,533. […]
Saudi Arabia says it will invest an initial $2.1 billion over the next few years in space-related activity to help create economic diversification plan to attract inward investment and create “thousands of jobs” for its young citizens. A report from Reuters says the investment would be made during the next nine years (until 2030) and […]
Giant screen cinema operator IMAX recorded its highest-ever losses for its Q3 trading. They were brought about because of its Covid-impacted revenues which plummeted to $37.3 million from $86.4 million in the same period in 2019. But the revenues could have been worse. Asian revenues, where the Covid restrictions had been relaxed, helped boost income […]
V-Nova, a provider of video compression solutions, has announced what it describes as “a milestone achievement” in MPEG-5 Part 2 LCEVC (Low Complexity Enhancement Video Coding) being promoted to MPEG/ISO final draft international standard. V-Nova co-chaired the standard’s development and contributed to the foundational technology upon which it is built. MPEG-5 Part 2 LCEVC is […]
Magnite, the independent omnichannel sell-side advertising platform, has announced the appointment of Johannes Paysen as its new Managing Director for Central Europe. An industry veteran with over 20 years of experience, Paysen joins Magnite from global location technology company GroundTruth (formerly xAd GmbH) where he served as Head of Germany & MENA. He is tasked […]
Executives from Amazon and YouTube will face the Digital, Media, Culture and Sports Committee of the UK parliament on November 3rd to give evidence on the UK’s broadcasting environment, its trends and their views on its future. The rise of on-demand programming online has given rise to questions over how public service broadcasting fits into […]
Netflix has upped its subscription price in the US, and Wall Street approves. Teh streamer is raising its standard plan to $13.99 (€12) a month from $12.99 a month, and its premium plan to $17.99 a month from $15 a month. The price of its basic plan remains at $7.99 a month. News of the […]