French investment bank, Exane BNP Paribas, has initiated coverage of Europe’s two giant satellite operators SES and Eutelsat. The news comes as Moody’s downgraded SES (to ba2 from ba1) on its Baseline Credit Assessment, and the ratings agency withdrew its corporate rating and changed its overview from “Stable to Negative”. Exane ranks SES as ‘Outperform’ […]
NEP Europe, a provider of media services and part of the global NEP Group, has announced the appointment of David Rees as Managing Director of NEP Connect, effective March 2026. Rees brings more than two decades of global broadcast experience across live and pre-recorded linear, digital, and OTT platforms. His career spans Europe, MENA, Asia, […]
Warner Bros Discovery (WBD) has announced that its Board of Directors has unanimously rejected Paramount Skydance’s $108 billion+ takeover bid. Paramount had attempted to gatecrash Netflix’s acquisition of WBD with an offer of $30 a share, declaring that it was “superior” to the streaming giant’s $72 billion deal initially struck with WBD. “Following a careful […]
The EW Scripps Company board of directors has unanimously decided to reject the unsolicited acquisition proposal submitted by Sinclair in November, to acquire all of the outstanding shares of Scripps that it does not already own. The Scripps board said that “following a careful review and evaluation in consultation with its financial and legal advisors”, […]
People streaming movies, TV shows and sporting fixtures illegally over the festive period could be unknowingly gifting fraudsters access to their personal finances, warns a cyber security expert. The alert comes following new BeStreamWise research, a cross-industry initiative which aims to raise awareness of the dangers of illegal streaming. The research reveals that 38 per […]
UK Culture Secretary Lisa Nandy has launched the once-in-a-decade review of the BBC’s Royal Charter with the aim of bolstering trust in the broadcaster and putting it on a sustainable financial footing. As part of the Charter renewal process, the Government is considering options to ensure the BBC is sustainably funded for decades to come, […]
DirecTV won its appeal to reinstate a federal lawsuit accusing Nexstar Media Group, Mission Broadcasting, and White Knight Broadcasting of conspiring to manipulate, raise, and fix prices of retransmission consent fees. The Second Circuit Court of Appeal affirmed that DirecV has standing to sue under antitrust laws and may prosecute its claims against Nexstar and […]
EchoStar climbed by 30.94 per cent week-on-week after rallying for seven consecutive days last week, as investors took an optimistic view of SpaceX’s billion-dollar IPO plan as well as an investment firm’s bullish coverage for its stock. On December 11th alone, EchoStar jumped to an all-time high of $109.53 (€93.13) after Bloomberg reported that Elon […]
Channel 4 has appointed Alex Morris as the new Managing Director of its Leeds-based social-first division, 4Studio. Morris will have strategic and operational control of 4Studio, playing a central role in developing and steering Channel 4’s over-arching social strategy in collaboration with peers across the organisation. Channel 4 says 4Studio is a pivotal part of […]
Laura Fernández Espeso has stepped down as Director General of Mediapro after 16 years with the Spanish production company, as it faces one of the most challenging moments in its recent history. Her departure comes as the group moves ahead with a collective redundancy plan that will affect more than 1,000 employees — around 14 […]