Banijay Group’s £1.7 billion acquisition of Endemol Shine Group creates a global content powerhouse that will be the largest unscripted producer in the world and among the top five scripted producers globally, according to a report from Ampere Analysis. Comprising 200 companies across 22 territories, the newly titled Banijay will be a powerful player in […]
ViacomCBS Networks UK has announced the appointment of Sarah Rose as Chief Operating Officer, responsible for the day-to-day running of ViacomCBS’ business in the UK. She will report into Maria Kyriacou, President, ViacomCBS Networks UK and Australia. Rose will have oversight of all UK business functions including operations, legal and business affairs, finance, HR, communications, […]
Funds advised by private equity firm Warburg and DTCP, an investment management group specialised in technology growth equity and digital infrastructure, have reached an agreement to acquire a majority stake in London-focused full-fibre broadband provider Community Fibre, alongside its existing investors Amber Infrastructure and RPMI Railpen. Terms of the transaction were not disclosed. Community Fibre […]
French commercial broadcaster TF1 reported a strong operating profit despite a big drop in advertising revenues. TF1’s group ad-revenues fell year-on-year by 41 per cent, but the broadcaster was helped by a stronger programming slate and internal cost-savings. Management comments suggest that the ad-market is slowly recovering but would not be drawn on the outlook […]
Akamai Technologies reported revenue for its Q2 of $795 million, up 13 per cent year-on-year. Revenue from Akamai’s Media and Carrier Division was $390 million, up 19 per cent year-on-year and 20 per cent in constant currency. “The outstanding performance of our Media and Carrier Division was a result of very strong traffic growth in […]
Giant screen operator IMAX has reported its latest results, with CEO Rich Gelfond telling analysts that its cinemas in China, a key market for the business, and other parts of Asia are starting to reopen. “As theatres with IMAX systems reopen, our network will begin to generate incremental free cash flow with limited startup costs […]
Universal and AMC Entertainment have announced a new multi-year agreement that will see Universal films exhibited in AMC Theatres in the US for a much shorter window before being made available to rent in homes, transforming the way Hollywood has done business for decades. The agreement includes at least three weekends (17-days) of theatrical exclusivity […]
In a major move to jump start the UK’s cultural and creative sectors following lockdown, Culture Secretary Oliver Dowden has announced the launch of a Government-backed scheme worth half a billion pounds (€551m) for domestic film and TV productions struggling to get coronavirus-related insurance. The Government has also set out how organisations can apply for […]
UK broadcast regulator Ofcom has published new research to explore the relationship that people have with public service broadcasting. This research is designed to help inform Ofcom’s work on the future of PSB – Small Screen: Big Debate. Its purpose is to stimulate a national conversation involving viewers, the broadcasting industry, Parliament, and regulators about […]
The digital advertising industry’s two leading anti-fraud and brand safety organisations, the Trustworthy Accountability Group (TAG) and Joint Industry Committee for Web Standards (JICWEBS), are to merge. Mike Zaneis will serve as CEO for the combined organisation – which will carry the TAG name – while JICWEBS’s Jules Kendrick will take the new role of […]