Eutelsat has reportedly held talks with investors to raise €1.5 billion to expand its low Earth orbit (LEO) satellite constellations as it seeks better to compete with Elon Musk’s satellite-broadband service Starlink. The satellite operator is said to be in discussions to acquire funding from the French government, investor Fonds Strategique de Participations, shipping company […]

FilmRise, the New York City-based film and television studio and streaming network, has entered into an agreement with Bloomberg to distribute Bloomberg Originals on Amazon Prime Channels VOD. The deal includes 18 series – 11 that will become available on the platform in Q2 and seven new series to be released throughout 2025. Jonitha Keymoore, […]

According to a recent Bloomberg broadcast, SpaceX is now valued at about $350 billion (€336.2bn). This value has been suggested to split with the Starlink broadband system representing about 65 per cent of SpaceX’s valuation at $227.5 billion and the rocket launch side of the business accounting for 35 per cent at $122.5 billion. SpaceX […]

UK-based LBG Media is a fast-growing mostly online entertainment business focusing on young adults. Its latest results are ahead of consensus expectations and the continued integration of its US businesses “delivered significant wins with a strong pipeline, providing confidence in future growth.” The company’s group revenue grew 22 per cent, with 6 per cent organic […]

Alliance for Open Media (AOMedia) announced that Bloomberg has joined the Alliance. As a member of AOMedia, Bloomberg will collaborate with other internet and media technology member companies to advance open standards for media compression and delivery over the web. AOMedia and its members are committed to maintaining a thriving, competitive and open internet, which […]

SpaceX is contemplating another fundraising operation by selling shares in a tender offer that could value the closely held company at roughly $200 billion (€185.7bn), according to Bloomberg. SpaceX is reportedly discussing a tender offer — a transaction that enables employees and insiders like investors to sell shares — that may kick in days, said […]

Bloomberg TV+ and Bloomberg Originals are now available as free ad-supported streaming (FAST) channels on Amazon Freevee in the UK, US and Germany. This expands the availability of Bloomberg TV+ on Prime Video, which had previously launched for customers in Canada, Mexico, Australia and Brazil. The channels add a destination for viewers to access Bloomberg’s […]

NetRange, a provider of white-labelled, turnkey Smart TV and OTT ecosystems, has announced that Bloomberg TV will soon be available through the NetRange App Store. The agreement extends the reach of Bloomberg TV through inclusion in the NetRange Smart TV ecosystem. “Our success is built on producing great information services,” said Travis Winkler, GM of […]

Byron Allen has made a $10 billion (€9. 3bn) offer for Disney’s ABC and other linear networks according to Allen Media Group. Station owner Nexstar, which bought the CW Network, also has expressed interest in buying ABC and its stations from Disney. Disney CEO Bob Iger has said that the company’s linear networks, including ABC, […]

California-based satellite operator Viasat is reportedly restructuring some of its debt obligations. Viasat now owns London’s Inmarsat, and Bloomberg reports that a group of banks, including JPMorgan Chase and Bank of America, are looking to offload about $1.35 billion of debt that was tied to the purchase of Inmarsat. The banks are reporetedly marketing a […]