The Middle East’s dominant broadcaster, MBC, enjoyed 9-month Group revenues up 29.9 per cent (y-o-y) and net profits growing almost 71 per cent to Saudi Riyals 3.8 billion (€0.87bn). Its Shahid OTT streaming platform saw a 27 per cent jump in subscription revenue and a 23.4 per cent rise in ad-revenues. MBC Group’s ‘Broadcasting’ division […]

Eutelsat has announced the renewal of its long-standing partnership with MBC Group, the MENA media network. Under this extended agreement, MBC Group will continue to rely on Eutelsat’s 7/8° West video neighbourhood, the region’s leading orbital position, for the distribution of its portfolio of entertainment, news, and cultural channels to millions of households across MENA. […]

Extreme E and Extreme H have announced a broadcast partnership with MBC Group, the MENA media company. The action begins in Qiddiya City, Saudi Arabia with Extreme E’s Final Lap on October 4th to 5th, a celebratory farewell to electric racing, followed by the launch of the inaugural FIA Extreme H World Cup on October […]

Saudi Arabia’s sovereign-backed Public Investment Fund (PIF) has bought a major slice of broadcaster MBC’s shares that it did not already own. PIF has acquired a 54 per cent stake in the broadcasting group for an aggregate price of SAR 7,469 million (€1.62bn), at a price of SAR 41.60 per share. The deal was carried […]

MBC says it has officially moved its Dubai-based Al Arabiya family of news channels to Riyadh in Saudi Arabia. In what the broadcaster described as a defining moment in its history, the move into a purpose-built advanced infrastructure, is a very positive move. According to General Manager Mamdouh AlMuhaini, this move is far more than […]

Anti-piracy coalition the Alliance for Creativity and Entertainment (ACE), is claiming a landmark victory for content creators after working with Egyptian authorities to shut down the largest piracy ring in the Middle East-North Africa (MENA) region. Operating since at least 2015, the Shahed4U ring was based in Alexandria and Cairo, Egypt. More than 25 per […]

MBC Group, the Dubai and Riyadh-based pan-Arab broadcaster, will reportedly mount an IPO next year. Reports out of the Gulf say that MBC is working with investment bankers HSBC and JPMorgan Chase on the potential plan. At the moment, the amount to be raised and the structure of the float are unclear. Current ownership of […]

BBC Studios announced has completed a licence agreement with the MBC Group, the MENA media company, to bring the first Arabic language adaptation of Doctor Foster to audiences across the region. Originally created by Mike Bartlett and produced by Drama Republic, the series centres around a trusted doctor whose life implodes when she suspects her […]