Pebble Beach Systems Group has released a trading update announcing that it expects to report 2021 results significantly ahead of market expectations. Revenue was approximately £10.6m up 26% on the 2020 result, whilst orders were up 75% at £13.7m (which includes £1.5m of orders delayed from 2020 due to Covid). The broadcast automation and integrated […]
Ericsson has reported fourth quarter and full-year results 2021 Group organic sales grew by 2 per cent YoY. Sales in Mainland China declined by SEK -1.8 billion (€0.17bn), down 3 percentage points, meaning that excluding Mainland China organic sales growth was 5 per cent. Reported sales were SEK 71.3 (69.6) billion. Gross margin improved in […]
Jimmy Donaldson, the 23-year-old US YouTuber and philanthropist better known as MrBeast, was YouTube’s highest-earning content creator in 2021, according to business magazine Forbes. Donaldson’s elaborate stunts and big money giveaways have generated more than 10 billion views on the video-sharing platform, earning him some $54 million (€47.2m). He has overtaken 10-year-old game and toy […]
Analysis released by UK multiplay operator Virgin Media O2 reveals the impact of a tumultuous year of highs and lows on the nation’s connectivity habits across mobile, broadband and TV networks. In a year that saw a third national lockdown, a summer of freedom and then the emergence of omicron and new restrictions, as well […]
Advertising spend was decimated by the pandemic, with the UK’s ad market down by 7.2 per cent in 2020. However, although many businesses were forced to cut their advertising budgets, figures show that many significantly increased their investment in TV advertising in 2020 – and have continued in 2021. According to data from Nielsen, a […]
This year’s IBC show is going ahead as scheduled. The event organisers have issued a statement saying: “Following close examination of new Covid protocols from the Dutch government and consultation with key IBC stakeholders, IBC is firmly set on delivering a safe and valuable event at the RAI, Amsterdam on 3-6 December that will re-engage […]
UK broadcast regulator Ofcom has agreed to local TV channel operator That’s TV’s request to consolidate the studios/main production bases for some of its channels. The licensee had requested Ofcom’s written consent for That’s TV to reduce the number of studios/main production bases from seven to five, which would serve all 20 of the local […]
The latest UCLA Hollywood Diversity Report reveals that US television viewers during the Covid-19 pandemic leaned into content that came out of diverse writers rooms and that featured diverse casts. “We have seen this appetite for diverse content repeated over the history of our analyses,” said Darnell Hunt, co-author of the report and UCLA’s dean […]
South Africa suffers regular electricity load shedding, where local power supplies are cut during heavy demand. Now the country’s business leaders are arguing with regulator ICASA that much the same risks apply to spectrum bandwidth. Business Leadership South Africa (BLSA) head Busi Mavuso said that if ICASA proceeds with its plan to take back temporarily […]
After a year when marketing budgets have been significantly impacted by the global pandemic, mobile has proved to be one of the most resilient media. Marketers in APAC, are incorporating a mobile-first approach driven by increased opportunities to reach consumers by social and m-commerce, driving up digital advertising budgets in the region to $120 billion […]