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Bloomberg, Twitter live video breaking news network

Bloomberg Media and Twitter are partnering to create the first-ever 24/7 breaking news network that will be global, live, social and streaming. The new live streaming news network will combine the vast global editorial and newsgathering capabilities of Bloomberg with the digital power of Twitter, which has become one of the world’s fastest and primary […]

May 2, 2017

MTG increases Innogames ownership

MTG has increased its ownership in InnoGames, the developer of browser and mobile games, to 51 per cent. MTG announced its initial 21 per cent investment in Hamburg-based InnoGames in October 2016. InnoGames is the creator of six successful online games including Forge of Empires, Tribal Wars and Elvenar. MTG has invested €82.6 million for […]

May 2, 2017

Dodd to step down as MPAA chief

Former US Senator Christopher Dodd, Chairman & CEO of the Motion Picture Association of America (MPAA), is to step down from his position as CEO on September 4th and from his position as Chairman at the end of the year. The MPAA board has named Charles Rivkin, former US Assistant Secretary of State for Economic […]

May 2, 2017

Turkey bans ‘dating’ TV shows

The increasingly Islamic nature of the Turkish government under President Recep Tayyip Erdogan has banned all TV stations from showing hugely popular TV dating shows.  In March the deputy prime minister said such shows did not fit in with Turkish customs and traditions. In a related action the Turkish state barred access to Wikipedia because […]

May 2, 2017By Chris Forrester

YouTube survives ad controversy

Google parent Alphabet posted a 29 per cent rise in quarterly profit, driven by a surge in advertising on mobiles and its popular YouTube video service. Alphabet’s net income rose to $5.43 billion in the first quarter ended March 31st, up from $4.21 billion a year earlier. Google’s ad revenue, which accounts for a lion’s […]

April 28, 2017

SES ups profits 11.5%

SES is beginning to reap the rewards of extra capacity being utilised, and in reporting its Q1 numbers, says it has seen “substantial” growth in its contracted backlog (from €7.6 billion y-o-y to €7.8 billion). Net profit attributable to SES shareholders of €128.4 million (Q1 2016: €115.1 million) represented an increase of 11.5 per cent over the […]

April 28, 2017By Chris Forrester

Australia: Court orders KickassTorrents site-blocking

Australia’s Federal Court has handed down its judgment in Universal Music Australia & Ors v TPG & Ors (the KickassTorrents case). The case began in April 2016, when Universal, along with several other members of the Australian Recording Industry Association (ARIA) and the Australasian music collecting society APRA|AMCOS, filed an application seeking to have access […]

April 28, 2017By Colin Mann

Mediaset Spain profits up 21%

Commercial broadcaster Mediaset Spain made a profit of €60.6 million in the first quarter, up 21 per cent than the same period last year. Net revenues grew by 4.2 per cent up to €240.4 million, of which €235.4 million corresponded to ad revenues, up 5.9 per cent. Mediaset, operator of Tele 5 and Cuatro and […]

April 28, 2017From David Del Valle in Madrid

TF1 Group Q1 up 3.5%

French media company TF1 Group, the owner of channel TF1, the largest European private TV channel, has reported its Q1 figures. Consolidated revenue for the first quarter of 2017 reached €498.9 million, up €17 million (3.5 per cent year-on-year). The Group saw advertising revenue of €365.1 million, up 2.5 per cent, including a rise in […]

April 28, 2017

Leroy Deputy CEO at Eutelsat

The Board of Directors of Eutelsat Communications has appointed Yohann Leroy Deputy CEO in addition to his function as Chief Technical Officer, alongside Michel Azibert, Deputy CEO and Chief Commercial and Development Officer. Rodolphe Belmer, Eutelsat CEO, said: “Yohann has made a significant contribution to Eutelsat’s development and to our senior leadership team. His appointment […]

April 28, 2017