Italian digital infrastructure operator and media content services distributor RaiWay has reported strong 2024 financial results, exceeding expectations. Core revenue increased by 1.5 per cent to €276.1 million, while third-party customer revenue grew by over 5 per cent. In the media distribution segment, revenue grew by 1 per cent to €244.4 million, driven by inflation […]
CityFibre, the UK independent full fibre platform, has announced the acquisition of Connexin’s full fibre infrastructure, establishing a material foothold across Hull and East Riding and enabling the expansion of CityFibre’s footprint by up to 185,000 premises. The agreement will see Connexin’s shareholder, Patrizia’s European Infrastructure Fund II, become a minority shareholder in CityFibre. The […]
Endeavor Group, the sports and entertainment giant, has announced the completion of its acquisition by Silver Lake, a specialist in technology investing, in partnership with the Endeavor management team and additional investors. Silver Lake and its co-investors have acquired 100 per cent of the outstanding shares in Endeavor they did not already own, other than […]
Amanda Wills, who departed CNN in 2022 for the WSJ, is rejoining CNN in a newly created role within the global news organisation, serving as Group Senior Vice President, Chief Content Officer. The executive will work out its content strategy across TV, digital and streaming platforms and report to Virginia Moseley, the Executive Editor of […]
Mediapro, the multimedia comms group, has confirmed the opening of a branch in London helmed by Sunil Kaikini (formerly of ITF, Premier League and Pitch International), Austin Houlihan (previously at Deloitte Sports Group and Pitch International) and Tom Padmore (formerly with DAZN and Formula E). Mediapro says this new location “will allow the group to […]
One of the main complaints from an SES major shareholder, Appaloosa (which holds 7 per cent of SES) was the company’s poor dividend policy. However, SES used its report to shareholders ahead of its AGM on April 4th to explain in some detail how its dividend policy would evolve, and in some respects answer at […]
JWP Connatix (JWPC), a video technology and monetisation platform, has announced that John Nardone has joined the company as Chief Executive Officer, effective immediately. Nardone will lead JWP Connatix into its next phase of strategic growth, following the company’s recent merger between JW Player and Connatix. Nardone will focus on continuing to drive the innovation of the […]
The Executive Board and the Supervisory Board of ProSiebenSat.1 Media have approved a proposed agreement with General Atlantic on the acquisition of its minority stakes in NuCom Group (excluding flaconi) and ParshipMeet Group. ProSiebenSat.1 has also signed a binding agreement with a subsidiary of Moltiply Group for the sale Verivox, the consumer energy and household […]
Jane Featherstone, co-founder and executive producer of Sister Pictures, has warned of the need to continue to nurture British creative talent to ensure that British drama continues to play a distinctive role. Delivering an acceptance speech at the 51st Broadcasting Press Guild (BPG) Awards in London, where she was honoured with the Harvey Lee Award […]
An investigation by the UK’s Competition and Markets Authority (CMA) found some of the largest sports broadcast and production companies in the UK shared sensitive information about fees for freelance workers such as camera operators and sound technicians. Four companies – BT, IMG, ITV and BBC – have agreed to pay fines totalling £4,240,356 (€5m). […]