The potential problems over Ukraine and the probability of much wide trade sanctions against Russia could impact ‘Western’ media and communications companies, says a note to clients from investment bank Exane/BNPP. The impact could also extend to the video games industry, says the bank. Of particular interest are the relationships that satellite operator Eutelsat has […]
CNN President Jeff Zucker has quit after admitting to an undisclosed relationship with a colleague. “As part of the investigation into Chris Cuomo’s tenure at CNN, I was asked about a consensual relationship with my closest colleague, someone I have worked with for more than 20 years. I acknowledged the relationship evolved in recent years. […]
A legal action has been commenced in the New York County Court by Giorgi Rtskhiladze, said to be a former business partner of former US president Donald Trump, against OneWeb. The action alleges that Rtskhiladze has not been paid by OneWeb for the role he played in getting approvals for the OneWeb constellation to be […]
GB News is plotting an overseas expansion according to reports, after its underwhelming UK launch. The news channel, which positions itself as “an alternative to the UK’s liberal media landscape” has seen its viewership plummet by over 60 per cent since its debut in June. Andrew Neil, the former BBC journalist who was the face […]
The BBC World Service has published its performance review covering the period of 2016 – 2020. The review, set out in the 2016 Agreement with the Secretary of State for Department for Digital, Culture, Media and Sport (DCMS), examines how the BBC World Service has performed in three key areas: growing global reach, achieving quality […]
Estrella Media, a media company creating Spanish-language video and audio content for multiplatform distribution in the United States and worldwide, has become the first Spanish-language network to launch on the Amazon News app on Amazon Fire TV devices. Streaming influential news coverage from across the United States, Mexico, and Latin America, the Estrella News team […]
Chinese company ByteDance, owner of TikTok, more than doubled its revenues last year as usage of the short-form video app rocketed. The company, which spent a large part of last year battling pressure from then US President Donald Trump to sell its US TikTok operations, reported a 111 per cent increase in revenues to $34.3 […]
Last year, the average US adult spent more time per day with most media formats and devices, including TV. Although adults will spend nearly as much time with media this year, eMarketer believes their TV viewing time will drop below pre-pandemic levels. eMarketer estimates that average daily time spent with media increased by almost an […]
Susan Wojcicki, YouTube’s chief executive, has said the video-sharing platform may lift Donald Trump’s suspension, if the threat of “real-world violence” decreases. Wojcicki said the Google-owned company will look at government warnings and violent rhetoric to determine when it’s safe to lift the suspension. Trump’s YouTube account has been suspended following the Capitol Hill riot […]
Social media platform Twitter has posted record revenues for Q4 2020. The company saw revenue grow by 28 per cent to $1.29 billion (€1bn) compared to Q4 2019. Last month, Twitter banned Donald Trump from using its service, which analysts felt could have an impact on this quarter’s numbers. “We’re a platform that is obviously […]