Media and entertainment technologist Technicolor has published its results for the first half of 2021. Richard Moat, Chief Executive Officer of Technicolor, stated: “Technicolor’s first half of 2021 results are positive and in line with expectations. The Group is experiencing growing demand across all of its businesses, and is benefiting from improved profitability as a […]
The UK is set to post the strongest advertising expenditure growth of any major European market at 18.2 per cent in 2021 to reach a total of £27.7 billion, according to an Advertising Association/WARC Expenditure Report. Based on advertising revenue data from across the entire media landscape, the report is a significant upward revision from […]
Telefónica has posted a record net income of €7.7 billion in the second quarter of 2021. The Spanish multinational telco says this “historic figure” is the result of capital gains on the merger of O2 and Virgin Media in the UK and on the sale of the Telxius tower business. Both transactions are two of […]
LG Electronics has announced its highest quarterly revenues ever as the company continued to expand its market share for premium home appliances and consumer electronics outside of South Korea. Worldwide consolidated revenues of KRW 17.11 trillion (€12.8bn) rose 48.4 per cent from the second quarter a year ago. Second-quarter 2021 operating profit increased 65.5 per […]
Virgin Media O2 is launching an interactive online map revealing the iconic locations featured in many of the UK’s most popular TV shows. The new online tool, TV Mapper, allows users to search by show, genre or region; plan the ultimate fan route; and follow in the footsteps of their favourite characters, virtually or in […]
ITV has called on the UK government to exempt some television workers from self-isolation. Carolyn McCall, chief executive, said ITV had been talking to the Department for Digital, Culture, Media and Sport about an exemption for “certain aspects” of television on the grounds that broadcasters have a public service remit, including to provide news coverage. […]
French broadcaster TF1 has reported first-half consolidated revenue up 27.8 per cent at €1.12 billion – close to 2019 levels. Group advertising revenue was €802.5million, a year-on-year rise of €187.5million (+30.5 per cent). This sharp increase was mainly driven by strong momentum in TV advertising during the second quarter, the Q2 2020 comparative having been […]
More than 600 feature films and television productions have gone into production in the UK since the scheme was announced in July last year as the industry has moved into pandemic recovery thanks to the Government funded Film and TV Production Restart Scheme. The scheme was launched by the Government backed by £500 million to […]
The Tribunal de Commerce de Nanterre (Nanterre Commercial Court) has authorised Canal+ to suspend the sublicensing contract with beIN Sports and to interrupt its payments for the broadcasting of two French top-flight Ligue 1 football matches. The court said, nevertheless, that these payments should resume if the Qatari channel were to sue the Professional Football […]
Global advertising expenditure will grow 11.2 per cent in 2021, driven by exceptional demand for performance-led ecommerce advertising and brand advertising on online video, according to Zenith’s latest Advertising Expenditure Forecasts report. Advertising expenditure will total $669 billion (€569bn) this year, $40 billion more than was spent before the pandemic in 2019. Growth in advertising […]