Smart TVs have overtaken traditional TV sets in Italy, according to a report by research institute Censis and audience rating company Auditel. There is currently a total of 21 million smart TVs in Italian homes (+4.4 per cent year-on-year), compared to 20.5 million traditional TV sets. However, if traditional TVs with devices that connect them […]

Italian TV tower company Rai Way has reported a 24 per cent increase in net profit for the first nine months of 2023, to €69.8 million, as a result of higher revenue and lower costs. Core revenues were up 10.7 per cent on an annual basis to €204.1 million, of which €172.6 million attributable to […]

Magnite, the independent sell-side advertising company, has appointed Edouard Schmidt as its Commercial Director for France and Maria Luisa Scialoia as its Commercial Director for Italy, Spain & MENA. Schmidt and Scialoia will lead Magnite’s Demand Facilitation teams in their respective regions to build relationships with media agency partners and brands. Schmidt is known in […]

In Italy, TV series are more popular than movies on streaming services, according to the GfK VOD Tracker. The first research that measures the most consumed titles on VoD platforms in Italy found that 67 per cent of total viewing time was dedicated to TV series, compared to 33 per cent for movies. In the […]

The Entertainment and Media (E&M) sector in Italy is worth over €35.9 billion, a value higher than pre-pandemic levels, thanks to a 3.7 per cent growth in 2022, according to research by PwC. The research analysed the performance of the 13 main segments – from cinema to music-radio-podcast, from video to books, and then periodicals, […]

Italian largest bank, Intesa Sanpaolo, has announced that it intends to invest in Elon Musk’s SpaceX rocket business. The bank is Italy’s largest. Intesa Sanpaolo said in a press release that the move is in line with the bank’s business plan for 2022-2025. In the plan, innovation represents one of the most important aspects of […]

US global asset management firm Oaktree Capital Management has submitted a €1 billion-plus bid for the Italian Serie A TV rights, according to reports. Oaktree is seeking to take a significant stake in a new TV venture run by Italy’s Serie A football league, which would be the first time a major European sport would […]

Italy’s Defence Ministry has filed a notification with the International Telecommunications Union that it wants to launch 19,708 satellites into two sets of orbits. The application is comprehensive and covers frequencies in S, X and Ka-band. The application calls for the satellites to operate in Low and Medium Earth orbits and in 899 different planes. […]

Sports entertainment platform DAZN has signed a multi-year contract with Italian video service provider, EI Towers, to complement its content distribution to homes across Italy via the Hotbird satellites from Eutelsat. DAZN will be distributing two HD channels, one full-time channel and one events-based channel, via Italy’s free satellite TV package, Tivùsat, at 13° East. […]