The rollout of 5G technology will proceed at blistering pace, with the number of subscriptions in Asia and North America set to exceed 1 billion units by the technology’s fifth year of deployment, nearly triple the total for 4G during the same time period, according to Elias Gravitinos, principal analyst, IHS Markit. Starting from a […]
In an unintended consequence of the US-China trade dispute, the North American television market has increased its adoption of smart TVs – particularly those based on the Roku TV operating system (OS), according to research firm IHS Markit. Smart TVs in the first quarter of 2019 accounted for 89 per cent of television shipments into […]
Netflix has, as expected, offered Indian subscribers an ultra-low rate for viewing its output. The subscription fee is Rupees 199 a month (€2.80) and allows viewing on a single cellular device. Viewers will be forbidden from casting their video streaming to larger screens. Netflix’s Director of Product Innovation, Ajay Arora, said: “Our members in India […]
Ottawa-based satellite operator Telesat has won a hugely valuable contract from the Canadian government. The overall value of the contract, designed to fill the “digital divide” for Canadian citizens and wider audiences, is worth some C$1.2 billion (€0.82bn) over a 10-year period. This revenue stream includes a contribution of up to C$600 million from the […]
WWE has reported that its SVoD service – WWE Network – had 1.69 million paid subscribers in Q2, up from 1.58 million in Q1. Total Q2 reveneues for the wresting entertainment giant were down 5 per cent to $268.9 million (€240m). The company’s total online presence continued to see strong growth. Digital video views increased […]
Amazon Prime Video has acquired the exclusive rights to show the Roland-Garros French Open Tennis night sessions as well as all matches taking place on the Simonne-Mathieu court in France in a three-year deal starting in 2021. Prime members in France will have access to this coverage at no additional cost to their membership. Prime […]
Kroenke Sports & Entertainment, owner of Arsenal FC, the Denver Nuggets and the Los Angeles Gladiators, has agreed to a deal that will see it acquire Echo Fox’s League of Legends Championship Series slot for $30.25 million (€27.11m), according to ESPN. The deal is pending Riot Games’ approval and comes after the expiration of July […]
Comcast reported second-quarter revenues up 23.6 per cent to $26.9 billion (€24.1bn), driven by its acquisition of Sky. Adjusted EBITDA rose 17.5 per cent to $8.7 billion, while net profit dipped 2.8 per cent to €3.1 billion. Customer growth was led by Sky, which added 304,000 subscribers in the quarter, nearly triple the year-earlier figure. […]
Technicolor has posted first-half revenues of €1.76 billion, down 3.8 percent from a year earlier, and adjusted EBITDA of €62 million, down 18.1 per cent from a year earlier. For the second half of 2019, the French media services company said it expects a significant improvement in profitability and cash flow generation, driven by seasonal […]
Satellite operator SES says it is now offering 10 DTH channels to Brazilian viewers. The channels come from local content owner and aggregator Baita Conteúdo which is now in a partnership with SES. The agreement means that 24 million TV homes can now view the channels, which are transmitting from SES-6 at 40.5 degrees West, […]