Sky has agreed to sell its 20 per cent stake in the online betting and gaming business, Sky Betting & Gaming (SBG) to The Stars Group, a Canadian company listed on both the Toronto and Nasdaq stock exchanges, which specialises in online gaming. This disposal follows the initial sale of Sky’s majority stake in SBG […]
Netflix has announced that it intends to offer, subject to market and other considerations, $1.5 billion worth of senior notes through an offering to qualified institutional buyers. Netflix intends to use the net proceeds from this offering for general corporate purposes, which it says may include content acquisitions, production and development, capital expenditures, investments, working […]
The French football league (LFP) looks set to auction the broadcasting rights for the 2020+ seasons in early June. The current TV rights expire in mid-2020 and are shared between Canal+ (which holds the majority of the rights) and rival beIN Sports. The most recent auction raised some €750 million, but it is widely reported […]
Swedish media group MTG (Modern Times Group) has posted record Q1 sales of SEK 4,674 million (€450.3m) with 9 per cent organic growth. Profits were up 73 per cent as the group prepares to split into two by spinning off Nordic Entertainment Group. In a statement, CEO Jørgen Madsen Lindemann said: Q1 has been a […]
Spanish TV group Mediapro is launching its S+ channel in Portugal 24/7 on HD via pay-TV platform NOS. Dedicated to health and wellness, the channel will rely on in-house programming to draw audiences. It will also air international documentaries about the latest research and progress in the medicinal industry with regards to health and wellness. […]
VICE Media, the youth media brand, has officially announced its operations in India to reach the youth population in what will be the youngest country in the world by 2020. The launch comes through a partnership with Times of India Group. VICE India says it will bring locally relevant content to hundreds of millions of […]
LG Electronics has launched its 2018 TV line-up with an array of new and innovative OLED and SUPER UHD models. For 2018, LG has introduced new TV products featuring the company’s ThinQ artificial intelligence (AI) technology and advanced α (Alpha) processor which itssays will lead the way in solidifying LG’s position in the global market […]
Simplestream, specialists in live and on-demand OTT services, has been chosen by NextUp to build its video streaming service dedicated initially to British stand-up comedy, with international ambitions. The SVoD service brings together dozens of stand-up specials from established and up-and-coming comedians – including Ed Bryne, Richard Herring, Lou Sanders, Simon Munnery and Tony Law. […]
Amino, the IP/Cloud video software and device specialist, has strengthened its senior management team with the appointment of Jamie Mackinlay as its new Global VP Marketing. Mackinlay has more than 20 years’ experience in the telecoms, media and technology sector fulfilling a number of executive roles in sales and marketing. Most recently, he was SVP […]
NAGRA, a Kudelski Group and provider of digital content distribution and content protection, and the Cinema Buying Group-National Association of Theater Owners have signed a definitive partnership agreement. Under the agreement NAGRA will bring alternative content and live event cinema to the CBG-NATO membership. myCinema, the new NAGRA broadband-based solution premiering at Cinemacon 2018, will […]