Video software provider Synamedia has unveiled the first in a series of reports designed to broaden understanding of global sports piracy in order to protect the value of sports rights. The Charting Global Sports Piracy report draws on results from a 10-country study of over 6,000 sports fans conducted
Motivated by an article in the WSJ, Quibi issued a memo denying it would be making staff cuts – but confirming top execs would take a 10 per cent pay cut. “Nothing has changed since our last company meeting two weeks ago,” the memo from Quibi’s founders Jeffrey Katzenberg and Meg Whitman. “As we said […]
The Schall Law Firm has confirmed it has filed a class action against Intelsat citing violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the US Securities and Exchange Commission. “Investors who purchased the Company’s securities between November 5th and November 18th 2019, inclusive (the ”Class […]
The Director of the BBC World Service Group Jamie Angus has called on chat apps to open their platforms to trusted news sources like the BBC, as part of the global effort to counter misinformation during the global Covid-19 crisis. Speaking to the Media Masters podcast, Angus said: “WhatsApp has allowed the WHO to publish […]
Richard Branson has sold 12.3 million shares of his dwindling holdings in his sub-orbital space tourism project Virgin Galactic. The shares were sold to an unnamed buyer through Credit Suisse and were on offer a $15.20 (€13.56) each, which Bloomberg reports, was a 3.9 per cent discount. The shares represent a 16 per cent slice […]
FaceBank Group has named Simone Nardi as chief financial officer. Nardi is based in New York City and reports directly to CEO David Gandler. As CFO, Nardi leads all financial operations and strategy for fuboTV. He joins the live TV streaming platform as it prepares to uplist to a major stock exchange following its merger […]
A report from Quilty Analytics makes tough reading for the world’s ‘Big Four’ satellite operators, and says that they could suffer combined adverse revenue losses of some $400 million (€357m) this year – mostly because of the Coronavirus impact on mobility. Quilty says: “The trough of Covid-19 end-user mobility impact occurs in Q2 (June 2020). […]
Just days after the launch of Virgin Telco, Euskaltel has posted strong financial results for the first quarter of the year. The company increased its EBITDA by 8.1 per cent, reduced its debt and returned to growth in terms of revenues. Euskaltel increased its revenues by 0.1 per cent on the same period last year […]
Eutelsat, not for the first time, has formally complained to the FCC over the Commission’s ruling that it would pay around $5 billion to both Intelsat and SES in ‘incentive payments’ for clearing certain C-band frequencies over the USA. In essence, Eutelsat is fearful that the payments – and the related reimbursements of actual costs […]
Pavlov Media, one of the largest US private providers of broadband services to student housing and multi-family real estate owners, has announced the acquisition of IPTV software provider Singularity. Singularity provides an IPTV platform for operators in both the US and abroad. Pavlov Media says the acquisition will enhance its continued efforts to deliver content […]