South Africa’s government is contemplating opening up the country’s broadcasting rules. The idea is to permit foreign ownership – or at least shareholdings – in the nation’s broadcasting services. The government’s draft policy framework White Paper covers audio as well as audio-visual services. South Africa’s Department of Communications & Digital Technologies says that foreign ownership […]
Italy’s Serie A has started exclusive talks with a consortium of private equity funds to sell a 10 per cent stake in the Newco that will manage the TV rights. The consortium led by CVC and consisting of Advent and FSI beat out competition from Bain-NB Renaissance and Fortress, whose bid arrived only 24 hours […]
PPF Group has announced that its fully owned subsidiaries have completed the acquisition of Central European Media Enterprises CME). PPF now holds full control of CME’s operations in the Czech Republic, Romania, Slovakia, Slovenia, and Bulgaria. This transaction was subject to regulatory approval by the European Commission, national regulators in certain countries, and CME shareholders. […]
Findings from Hub Entertainment Research’s new study, Privacy + Piracy, highlight US consumers’ concerns about these two issues. Privacy: Consumers Are Not as Excited as the Industry about Addressable Advertising on Smart TVs, But are Leaving Their Data Vaults “Ajar” This reticence may hamper the wider rollout of addressable advertising on Smart TVs. But there […]
Technology and solutions development organisation the Alliance for Telecommunications Industry Solutions (ATIS) has launched the Next G Alliance, an industry initiative aimed at advancing North American mobile technology leadership in 6G and beyond over the next decade. The Next G Alliance will encompass the full lifecycle of research and development, manufacturing, standardisation and market readiness. […]
With fans not yet permitted into stadiums, the Premier League has chosen to make the additional non-televised matches available on a pay-per-view basis. Starting this weekend Sky and BT Sport will be making these additional matches available to viewers via Sky Box Office and BT Sport for £14.95 each. However, Sky Business and BT Sport […]
In-Flight broadband specialists Global Eagle Entertainment (GEE) filed for Chapter 11 bankruptcy reorganisation back in July with around $1.1 billion of debts. It owed many key operators in the satellite industry considerable sums: SES ($26.6 million), Intelsat ($9.8 million), Abu Dhabi’s YahSat ($3.6 million), Hughes/Echostar ($3.1 million), Telesat ($2.5 million) and Asiasat ($960,000). The business […]
UK broadcasting regulator Ofcom is inviting evidence on the market position and impact of BBC Sounds, the Corporation’s streaming media and audio download service that includes live radio, audio-on-demand, and podcasts. Ofcom notes that the audio and radio sector is undergoing a period of rapid change, driven in part by streaming services including global players […]
fuboTV, the sports-first live TV streaming platform, has announced the closing of its previously announced public offering of 18,300,000 shares of its common stock at the public offering price of $10 per share pursuant to an effective Registration Statement on Form S-1 filed with the US Securities and Exchange Commission (SEC). fuboTV said it received […]
The Disney Corporation is known for two things: Family-friendly entertainment, and taking no prisoners. It is at the top table of world media as much through the second attribute as the first. Nowhere is its ruthlessness more evident than in its exploitation of the direct route to its consumers. Going direct over the heads of […]