South Africa pay-TV broadcaster OnDigital Media, parent of StarSat, is no more. Fifteen years after being licensed, the company has been placed into liquidation. “OnDigital Media, the independent broadcasting licence holder that processed StarSat’s payments, has been liquidated,” Jan Hendrick Harmse, marketing manager at StarSat. This means that subscribers who pre-paid their annual viewing fees […]
GB News, the right-leaning news channel, has won its judicial review of decisions made by media watchdog Ofcom, that two shows hosted by Jacob Rees-Mogg breached the broadcasting code. The High Court judgment, external by Mrs Justice Collins Rice concluded that Ofcom’s rulings were unlawful, marking the first time Ofcom has lost such a case. […]
Charlie Ergen’s EchoStar satellite operation, despite losing subscribers on its Hughes Network Systems subsidiary, seems committed to launching its own Low Earth Orbiting fleet of satellites. EchoStar Corp CEO Hamid Akhavan has spoken in the past that Direct-To-Device connectivity from satellite to consumers is a huge opportunity. Now, in releasing the company’s full-year results, he […]
Appaloosa LP, which manages funds holding more than 7 per cent economic interests in both SES and Intelsat submitted proxy, proposals urging the SES Board of Directors to take immediate steps to address shortfalls in corporate governance, capital allocation and management accountability. Some of its suggestions contain highly critical comments. Appaloosa, in a statement on […]
Nielsen has announced the appointment of Kirsten Riolo as Head of Consumer Insights for Australia and New Zealand, leading the company’s newly established Custom Research Division across the Pacific region. With more than 20 years experience in the media and research sector in Australia, Riolo will oversee Nielsen’s primary research projects, managing all aspects from […]
Last week’s SES results and subsequent analysts call with the satellite operator have now been examined in some detail. One analyst from investment bank BNP Paribas has digested the slew of information and explains why the full-year numbers turned out to be ahead of consensus. The end result from Sami Kassab is to reaffirm its […]
Google could be made to compensate La Liga, Telefónica and Mediapro as a result of La Liga football matches broadcast via illegal app, New Play, which sells advertising. Representatives of Google Ireland and Google Commerce Limited have been summoned to testify in court as Google is alleged to make a share of the ad revenue […]
FuboTV, the sports-first live TV streaming platform, has reported its financial results for Q4 and full year ended December 3st, 2024. The company closed the full year 2024 in North America with record total revenue and paid subscribers, achieved its first quarter of positive free cash flow and improved key profitability metrics by over $100 […]
Italy-based media group MFE-MediaForEurope achieved a net profit of €251 million in 2024, up 15 per cent year-on-year and 60 per cent higher than forecast at the beginning of 2024. According to the preliminary financial results for 2024, EBIT reached €370 million, free cash flow amounted to €343 million (+23 per cent), while revenues increased […]
After nearly 15 years at the helm of NCTA – The Internet & Television Association, Michael K. Powell has announced he will retire later this year. “Michael has been an unwavering champion for our industry,” commented Mark Greatrex, Chairman of the NCTA Board of Directors and President of Cox Communications. “He has been our most […]