Johannes Larcher is the new Head of HBO Max International, joining in August. He will lead the international rollout and management of WarnerMedia’s direct-to-consumer product HBO Max, which launched in the US on May 27th. Reporting to Gerhard Zeiler, Chief Revenue Officer, WarnerMedia & President, WarnerMedia International Networks, his first focus will be the launch […]
A new video-encoding standard that promises to cut data use by at least half has been formally unveiled, after three years of development and negotiations. It is claimed H.266 should make it possible for slow connections to stream in higher quality than before, without pauses for buffering. It could also pave the way for on-demand […]
Ratings group Nielsen revealed a new plan to cut costs that will result in the reduction of its global workforce by about 3,500 employees. The company expects that plan to generate savings of about $250 million (€220.7m) annually after taking a 2020 pre-tax restructuring charge of about $150 million to $170 million dollars. Nielsen also […]
Telekom Slovenije Group has signed an agreement to sell Planet TV to Hungary’s TV2 Media for €5 million. The deal should be completed by the end of September. For some time, the Slovenian telecommunications group has been dealing with the question what to do with its TV subsidiary, which manages the TV channel of the […]
A UK parliamentary sub-committee is asking some tough questions of the British government about its commitment to buy OneWeb out of bankruptcy. The government’s Dept. of Business Energy and Industrial Strategy (BEIS) was posed the questions by the all-party subcommittee (“the Business, Energy and Industrial Strategy Select Committee”) which is chaired currently by a Labour […]
FaceBank Group is to file amended results to include pro forma financials for the first quarter ended March 31st, relating to its recent merger with fuboTV it will include unaudited financial results from fuboTV on a standalone basis for the first quarter. It says highlights will include: Revenues for the first quarter 2020 were $51 […]
Intelsat, which is currently trading as a ‘debtor in possession’, will continue supplying its global satellite services to Australia-based SpeedCast International, which is also in bankruptcy reorganisation. It means that Intelsat will waive its current $44 million claim against SpeedCast and continue to be a primary bandwidth provider to SpeedCast. Speedcast entered bankruptcy on April […]
Nielsen Gracenote has strengthened its Sports businesses by appointing David Faulknor to the key role of Senior Vice President, Product Management. Tapping nearly 20 years of product leadership experience with top companies in the sports and media verticals, Faulknor is responsible for bringing innovative insights, analytics and data offerings to market for Nielsen and Gracenote […]
Lorna Clarke, BBC Controller of Pop, has confirmed Samantha Moy as the new Head of Station for BBC Radio 6 Music. Lorna commented: “Using her wide range of experience in broadcast production, Sam will continue to evolve this exciting radio station that means so much to music lovers.” Moy added: “I’m privileged and honoured to […]
WWE has announced the appointment of Kristina Salen as Chief Financial Officer reporting directly to WWE Chairman & CEO Vince McMahon, effective August 3rd. Salen served as the first CFO of Etsy, where she grew the business from $895 million in gross sales to $3 billion in four years, led and executed the company’s IPO […]