Saudi Arabia may be entering the bidding for Germany’s Bundesliga rights in the Middle East, in the latest move to make new investments in international sport and confound rival Gulf state backed media. Germany’s top division is currently in exclusive talks with beIN Sports to renew the Qatar-based network’s $250 million five-year deal, which runs […]
Technicolor has reached an agreement with lenders to restructure itself and provide the company with some €420 million in a new financial structure. The plan is due to be endorsed on July 20th at an extraordinary general meeting. The new lenders include Bain Capital, Alcentra and BpiFrance Participations and the scheme calls for debt equalisation […]
Nordic Entertainment Group (NENT Group), the Nordic region’s streaming company, and Elisa, Finland’s telecoms operator, will combine their streaming services in Finland in Q4 2020. The combined standalone service will be called Elisa Viihde Viaplay and bring together Viaplay’s original Nordic productions, Hollywood films and series, and kids’ content with Elisa Viihde Aitio’s wide range […]
A court case has been heard by the US Court of Appeals between ABS, Hispasat and Arsat which had been arguing that the FCC should pause the date of Commission’s Dec auction of C-band frequencies over the US. The trio were deliberately excluded by the FCC from its incentive plan for C-band compensation given to […]
On June 22nd, Mediawan announced it was acquiring Lagardere Studios. The news prompted a spectacular 41 per cent rise in Mediawan’s shares. Investment bank Berenberg has looked closely at Mediawan and reports on its founders (Pierre-Antoine Capton, Xavier Niel and Matthieu Pigasse) who used the occasion to announce the creation of the Mediawan Alliance, which […]
Globecast, the global solutions provider for media, has announced Chris Pulis as new Chief Technology Officer (CTO) for the Americas, effective immediately. As CTO, Pulis is responsible for all technical aspects for the Americas including establishing Globecast’s vision and growth through the use of technical resources. Pulis has 25 years of experience in business and […]
Blackbird, the developer and seller of the cloud video editing platform Blackbird, has announced that John Honeycutt will join the Board of the Company on June 24th as a Non-Executive Director. Honeycutt is a global Information and Media Technology leader who is an expert in cloud services, supply chain logistics and cyber security. He has […]
Genesys, a global player in cloud customer experience and contact centre solutions, has appointed technology marketing executive, Joyce Kim, to the company’s leadership team as chief marketing officer (CMO). She succeeds Merijn te Booij, who now serves as general manager (GM) for the company’s new business unit, Employee Engagement Solutions. As CMO, Kim oversees worldwide […]
UK digital infrastructure provider Openreach, who builds and maintains the largest fixed communications network in Northern Ireland (NI), has reached a significant milestone, with 360,000 homes and businesses – more than 40 per cent of properties – now able to access Full Fibre broadband at speeds of up to 1 Gbps. The milestone achievement comes […]
SES has successfully issued a €400 million bond. The satellite operator says the issue was oversubscribed 2.5 times. The bond takes advantage of current low interest rates and will strengthen liquidity for SES which is about to spend around $1.6 billion on new satellites and infrastructure for its C-band transition over the US. SES is […]