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 […]
Eutelsat’s Q1 numbers (to September 30th) showed that its revenues are still under pressure, although its contracted backlog at €4.4 billion – helped by a renewed Sky Italia contract – was up a reassuring 3 per cent y-o-y from €4.1 billion. Only one of Eutelsat’s key vertical revenue divisions showed any growth (Fixed Broadband, up […]
Apple has posted record September quarter revenue of $64.7 billion (€55,4bn) and quarterly earnings per diluted share of $0.73. International sales accounted for 59 per cent of the quarter’s revenue. This despite customers put off buying new devices in the second half of September, leading the company to report its steepest quarterly drop in iPhone […]
With SES taking a larger slice of Canal+ capacity requirements, it is inevitable that there had to be a loser. That satellite operator is the Intelsat/Telenor position at 1-degree West. Canal+ owned-M7 group will consolidate its Eastern European coverage on SES at 23.5 degrees East cutting out Intelsat/Telenor at 1 West. SES is thus gaining […]
French commercial network TF1 has released its Q3/2020 numbers revealing that its revenues came in better than expected. TF1’s current operating profit reached €58 million, up 170 per cent and beating consensus meaningfully. This improvement was driven mostly by better programming costs. Numbers were also partially lifted by better revenues. Net profit came in at […]
Josh Berger, President and Managing Director, Warner Bros UK, Ireland and Spain, and President of Harry Potter Global Franchise Development, has decided to leave the company after over 30 years of service. He will step down in December and will remain as an advisor to the senior management until the middle of 2021 for the […]