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TF1 operating profit up €50m

TF1 operating profit up €50m

French broadcaster TF1 has reported a H1 current operating profit reached €107.6 million, an increase of €50.1 million year-on-year, including €30.7 million of savings arising from the lack of any…

MTG acquires Kongregate

MTG has completed the previously announced acquisition of 100 per cent of US games publisher and developer Kongregate Inc. for an Enterprise Value of $55 million (€47.2m). Jørgen Madsen Lindemann,…

Vodafone consumer IoT this year

Vodafone has committed to launching consumer IoT this autumn, with the solution being trialled by the Group’s CEO Vittorio Colao as its Q1 results were revealed. The operator first promised…

YouTube to redirect “terror” searches

YouTube to redirect “terror” searches

YouTube has revealed plans to redirect users searching for “violent extremist propaganda” and instead offer them videos that denounce terrorism. People searching for certain terms relating to the Islamic State…

Sinclair, Nexstar agree spectrum share

In preparation for the approval of next-generation broadcast standard ATSC 3.0 by the Federal Communications Commission, as well as the implementation of national television station ‘repacking’, Sinclair Broadcast Group and…

Discovery, Scripps merger would see cost savings and clout

Discovery Communications is reportedly in talks with Scripps Networks International about merging their broadcasting assets. While the discussions are far from confirmed, analysts at MoffettNathanson Research (MNR) issued a timely…

Streaming Video Alliance releases new tech specs

The Streaming Video Alliance (the Alliance), an industry forum comprised of leading companies from the online video ecosystem, has announced the immediate availability of two new technical specification documents from…

Vimeo names Sud CEO

Vimeo, the ad-free open video platform and an operating business of IAC, has annoucned the appointment of Anjali Sud as Chief Executive Officer. Previously General Manager and Senior Vice President…

Decision deferred on Fox Sky bid

Decision deferred on Fox Sky bid

UK Culture Secretary Karen Bradley has told Parliament that the government will not make a decision on 21 Century Fox’s bid to acquire the remaining shares in Sky before the…

Orange hits TF1 with legal action

French telco Orange has started legal action against broadcaster TF1 alleging an abuse of dominant power. The dispute is believed to focus on a long-running carriage fee dispute between the…