Bitmovin, a provider of video infrastructure for global digital media companies, has raised $25 million (€20.7m) in Series C financing. The company says it will leverage this investment to drive the continued expansion of its product innovation and technology leadership in the streaming space. Bitmovin’s Series C round was led by Swisscom Ventures with participation […]
SpotX, the global video advertising platform, continued its profitable growth track-record and ended 2020 with what it has described as “outstanding financial results and significantly more access to consumers”. As the pandemic raged across the globe, a record number of viewers tuned in to streaming TV in 2020. Advertisers took notice by diversifying their ad […]
There is much speculation in the French press that changes in the country’s channel/media ownership regulations could affect the potential sale of free-to-air network M6. An article in Les Echos suggests that Bertelsmann’s CEO Thomas Rabe expects a decision to be taken during this current half-year regarding the disposal of M6. The decision is important […]
Following the announcement of ITV AdVentures Invest, a Media for Equity initiative, ITV has now concluded its first investment in what3words Limited. what3words is a uniquely accessible location service, which has divided the world into a grid of 3 metre squares, giving each its own three-word identifier: a what3words address. For example, the front door […]
French broadcaster M6’s share price jumped by 7.55 per cent to €19.38 on the morning of March 12th after leading French media groups submitted offers to acquire the commercial TV and radio group, with majority shareholder RTL Group confirming sale talks. Prospective buyers had until the evening of March 10th to declare their interest, according […]
RTL Group announces its audited results for the year ended December 31st 2020. Group revenue for the European TV giant decreased 9.5 per cent to €6.01 billion, mainly due to declining TV advertising markets across Europe in Q2 and lower content production revenue as a result of the Covid-19 outbreak. Group revenue was down 6.8 […]
RTL’s NowTV app is now available on the Sky Q platform in Germany. It joins the likes of ARD, ZDF, Netflix and Prime as apps already on the platform. Viewers will be able to use the app to access all RTL’s FTA channels and catch up. A subscription is required for the pay channels. The […]
Media group RTL’s largest business unit, Mediengruppe RTL Deutschland, is to acquire the outstanding 50 per cent shareholding in digital entertainment company Super RTL, having signed a binding agreement with its current joint venture partner, BVI Television Investments, Inc., a subsidiary of The Walt Disney Company. This will take RTL Group’s shareholding in Super RTL […]
M6, the French national TV channel, has posted a consolidated revenue of €1.27 billion in 2020, down 12.5 per cent (€182.5 million) partly due to the Covid-19 crisis and the fall in ad revenues to €980.5 million (down €127.4 million or 11.5 per cent) but has recorded a stable TV business EBITA at €225.6 million […]
Advertising sales house Ad Alliance Netherlands has announced to migrate to the video monetisation technology of smartclip, a European-grown adtech and media sales company, to power its video monetisation and support the growth of its online advertising business in the Netherlands. The migration marks the start of a broader strategic partnership between Ad Alliance Netherlands […]