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Vivendi takes 80% of Dailymotion

French media giant Vivendi has closed the acquisition of an 80 per cent stake in video-sharing portal Dailymotion from Orange for €217 million. The pair announced on April 7 that…

STBs seized during fraud raid

Dozens of electronic items including suspected illegal set-top boxes have been seized from an apartment in the UK West Midlands town of Walsall. The items were located after a joint…

MTG invests in ESL

International entertainment group MTG has signed an agreement to acquire 74 per cent of Turtle Entertainment, the world’s largest esports company that operates under the well-known ESL brand with revenues…

Keenan appointed VP and GM of WWE UK and Ireland

WWE (World Wrestling Entertainment) has announced that Tracey Keenan has been promoted to Vice President and General Manager of WWE UK and Ireland, reporting directly to Ed Wells, WWE Senior…

Europe enshrines Net Neutrality

Europe enshrines Net Neutrality

In talks on the Telecoms Single Market legislation the European states, the EC and the European Parliament have reached agreement on net neutrality rules to treat all Internet traffic equally.…

BBC Trust ‘OK’ for BBC3 online; rejects BBC1+1

The BBC Trust has published its provisional conclusions on the BBC Executive’s proposals to reinvent BBC Three as an online-only service, launch a +1 channel for BBC One; evolve BBC…

Ooyala acquires Nativ

In a move that expands its technology stack into video production, pre-production and broadcast planning for hybrid OTT and on-air video services, video, analytics and advertising technology provider Ooyala, an…

London Live loses £11.6m

London Live loses £11.6m

London Live, the local TV channel launched by Evgeny Lebedev’s media company, saw a loss of £11.6 million (€16.3m) in the year to the end of September, according to results…

CNN splits with India partner

Global Broadcast News (via its TV18 operation) and CNN-Turner Broadcasting have been partners in supplying India with local and international news, as CNN-IBN, for ten years since 2005. But from…

Motive TV losses widen

Motive Television, the digital television technology group, has reported an increase in losses for 2014. Full-year revenues declined 2.4 per cent to £1.14 million (€1.6m) and losses before tax jumped…

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