The continued strong interest and engagement from the investment community in the UK’s independent network sector must be sustained if the UK wants achieve status as a gigabit nation, according to trade association the Independent Networks Co-operative Association (INCA). A Point Topic report commissioned by INCA shows over £1.76 billion (€1.95bn) worth of private funding […]
Investment bank Berenberg says that with the closing of the acquisition of the Meet Group, ProSiebenSat.1 now has an online dating business that has the potential to deliver broad-based revenue and profits growth. “Management has been very clear that the intention is to conduct an IPO for this business (although a trade sale might also […]
NBCUniversal has announced that Linda Yaccarino has been elevated to Chairman, Global Advertising and Partnerships, NBCUniversal. She will continue to report directly to Jeff Shell, CEO, NBCUniversal. In this expanded role, Yaccarino will continue to oversee all National Advertising Sales, Ad Sales Marketing, and Global Partnerships, and will now include Local Advertising Sales and Strategic […]
Channing Dungey, VP of original series for Netflix, has left the company after less than two years, with reports suggesting she is taking a leading role at Warner Bros Television. Dungey joined Netflix in 2018 after 14 years with Disney-owned ABC Entertainment. The news comes after Cindy Holland, Netflix VP of original content, left the […]
Earth station operators in the US as well as cable and IP head-ends which have equipment pointing towards SES Americom satellites must decide this by October 14th if they want to self-install the necessary equipment and realign dishes for the new C-band signals. The FCC has identified around 6000 registered/licensed C-band users in the US […]
Madrid-based Hispasat has named a new president of its board, Jordi Hereu. He replaces Rosario Martínez Manzanedo who has been in post for a year. CEO remains Miguel Angel Panadero. Hereu started his career in 1991 in Port 2000 and CILSA, linked to protecting the Logistics Activity Zone (ZAL) of the Port of Barcelona. Since […]
Sir Richard Branson’s aircraft-based satellite launching project, Virgin Orbit, is looking to raise up to $200 million, according to a report in the WSJ. Many of Branson’s projects, not least his airline businesses, have been hit hard by the Coronavirus. The WSJ says that Virgin Orbit (which suspends a powerful rocket from beneath one of […]
NCTA, the Internet & Television Association, has joined technology and advertising organisation to push back on US President Donald Trump’s executive order on “Combating Race and Sex Stereotyping,” saying it should be dropped. In the September order, Trump called it a “pernicious and false belief” that the country is “an irredeemably racist and sexist country,” […]
Nearly a quarter of Vue’s UK cinemas will shut for three days a week in the wake of the barren movie release schedule. Twenty-one of the chain’s 87 sites will be closed from Tuesdays to Thursdays as of this week. The move is necessary “to ensure that our business is financially well-placed to withstand the […]
Netflix is moving into a new headquarters in London’s West End as it seeks to expand its UK productions. The streamer is taking over the lease on an 87,000 square-foot building on Berners Street from current occupant Capita, according to Bloomberg. Netflix, which has 269 employees in the UK, already rents some 30,000 square feet […]