ViacomCBS International Studios (VIS), part of ViacomCBS Networks International (VCNI), is launching a new kids content division and has appointed Nickelodeon executive Nina Hahn to head it up. Viacom says VIS Kids will allow for the expansion of the studio’s global kids content pipeline, broadening its kids content offering to include short and longform content […]
ProSieben has sold its Windstar Medical subsidiary for €280 million. While the disposal was not unexpected, the sale price as some €30 million better than expected. The buyer is Oakley Capital and the transaction is expected to wrap during this current quarter-year. ProSieben owned 92 per cent of Windstar (held via its NuCom division). The […]
Pay-radio operator released an impressive set of Q3 numbers, revealing that it gained a net 169,000 subscribers during the quarter and prompted the business to increase its full-year guidance. However, the company was vague on whether star talent Howard Stern had renewed his contract with the business, saying only: “We are making significant progress in […]
BritBox has promoted Emily Powers to executive vice president and head of BritBox North America, following the announcement that president and CEO Soumya Sriraman will be stepping down at the end of the month. Previously SVP and commercial head, Powers will continue to lead on all commercial relationships, distribution partnerships, performance marketing, and customer retention, […]
Salah Hamza, the former Chief Engineer and CTO at Egypt’s Nilesat Satellite Company has died. He had been ill for some time having suffered a major stroke some 3 months ago. He retired from Nilesat in 2014. Hamza, during his time at Nilesat, was ‘Mr Satellite’ for the hundreds of Middle East channels that flocked […]
Deluxe, a global provider of digital and cloud-based solutions to the world’s leading content production studios and distributors, has announced that Anna Lee has been appointed to the newly created role of Chief Strategy Officer. Lee will report directly to Deluxe Chief Executive Officer Cyril Drabinsky and be responsible for developing, communicating, executing, and sustaining […]
Vivendi’s quarterly numbers impressed the market, beating forecasts. Vivendi reported €4,022 million of revenue in Q3/2020, 3.4 per cent ahead of ahead of Deutsche Bank’s estimates and the median Zone Finance consensus (with a range of €3,775m – €3,939m). Group organic growth returned in positive territory to 0.7 per cent Y-o-Y in Q3. “Within the […]
In a move likely to be repeated in the coming weeks and months, Nordic region streaming company Nordic Entertainment Group is to move the registrations for its streaming platforms and the broadcast licences for its TV channels to Sweden from the UK, starting January 1st 2021. The move ensures NENT Group’s services will remain available […]
Synamedia has announced the appointment of a new CEO. Paul Segre takes over from Yves Padrines with immediate effect. Previously CEO of Genesys, Segre will be based in London. In a statement, the company said: “Paul’s software and telecoms software industry pedigree and his experience building high-growth businesses make him the right choice to lead […]
AT&T reported a drop in Q3 revenues and profit, due mainly to the impact of the pandemic on its entertainment business. Quarterly revenues fell to $42.3 billion from $44.6 billion in the year-ago quarter. WarnerMedia was down 10 per cent affected by the pandemic measures, while mobile service revenues (-0.3 per cent) suffered from lower […]