Advanced Television

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Sony launching FAST channel portfolio in Europe

Sony Pictures Entertainment (SPE), has announced the launch of its portfolio of free, ad-supported streaming television (FAST) channels on LG Channels, Samsung TV Plus and TiVo+. With 54 channels across Europe, Sony One will be one of the largest portfolios of FAST channels to be deployed when it debuts in April. “Sony Pictures recognises the […]

March 27, 2024

Portugal: Downturn in sports streaming subs

There has been a noticeable decline in Portuguese subscribers to sports streaming platforms since November 2023. The latest B-Stream study from Marktest reveals a drop of 60,000 subscribers, bringing the total down to 809,000 as of February 2024, translating to a national penetration rate of just 9.4 per cent ( down 0.7 per cent). This […]

March 27, 2024From Branislav Pekic in Rome

Rai Way gains Board approval for growth plan, M&A

Rai Way, the tower company owned by Rai, has reported positive financial results for 2023. Revenue grew 10.8 per cent to €271.9 million, adjusted EBITDA increased 19.4 per cent to €180.3 million, and net profit climbed 17.7 per cent to €86.7 million. The Board of Directors has also approved Rai Way’s industrial plan for 2024-2027. […]

March 27, 2024From Branislav Pekic in Rome

Audible, Amazon MGM Studios series development deal

Audible and Amazon MGM Studios have unveiled plans to co-develop and co-produce a slate of Audible Originals as series in development. “We are thrilled to collaborate with our colleagues at Amazon MGM Studios, who share our commitment to accelerating the craft of storytelling, on this new and incredibly exciting endeavor,” said Rachel Ghiazza, Chief Content […]

March 27, 2024

ITV publishes Climate Transition Plan

ITV has published its initial Climate Transition Plan. The broadcaster says is on track to meeting its net zero target with emissions it controls down 52 per cent compared to a 2019 baseline, and emissions it influences down 17 per cent in the same period. This is being achieved through both the company’s offices and […]

March 27, 2024

Forecast: China multi-play service revenue poised for growth

Multi-play service revenue in China is set to increase at a compound annual growth rate (CAGR) of 1 per cent from $172.7 billion (€159.4bn) in 2023 to $181.5 billion in 2028. With a focus on triple-play and quad-play service bundles, telecom operators leverage robust fixed network infrastructure to promote high-speed internet services, according to GlobalData, […]

March 27, 2024

Channel 4 outlines Equity by Design Strategy

Channel 4 has launched its first equity strategy, ‘Equity by Design’, a framework that sets out how it will create fair outcomes for everyone and accelerate change in the industry. The strategy details how Channel 4 will work to ensure there is equity in experience by improving how diversity and inclusion is built into decision-making. […]

March 27, 2024

Samsung Display gives €3.8bn to parent company

Samsung Display has paid out its first-ever dividend since it was spun-off as a separate company in 2012. According to reports, Samsung’s stand-alone display business will pay a dividend to Samsung Electronics of 5.6 Trillion Won (€3.8 billion). During a shareholders’ meeting, Samsung Display voted to distribute 25,400 won per share in dividends, totalling 6.65 […]

March 27, 2024By Chris Forrester

SES opens new Virginia HQ

Satellite operator SES has opened a new 43,000 sq ft central operations hub in Virginia which will be the operator’s main US location. The new site is based in Bristow, near Manassas in Prince William County. SES already has a giant satellite ‘dish farm’ at Manassas, Virginia. As SES’s central operations hub in the US, […]

March 27, 2024By Chris Forrester

ANGA COM 2024: Already 475 exhibitors

ANGA COM, the European Exhibition and Conference for Broadband, Television & Online, has exceeded last year’s mark in terms of the number of exhibitors and the net rented space: 475 companies from 35 countries will be present on 25,000 sqm gross exhibition space. The event takes place May 14th – 16th in Cologne, Germany. Dr. […]

March 27, 2024