The investments made in Spain by streaming sports platform DAZN are not paying off as expected. Increased competition from traditional TV operators – with their own OTT platforms such as Mediaset’s Mitele Plus – as well as the lack of key sports TV rights such as La Liga, and declining audience ratings for MotoGP, are […]
UK broadcast regulator Ofcom has fined the news channel RT £200,000 (€223,000) for serious failures to comply with its broadcasting rules – and required the channel to broadcast a summary of the findings to its viewers. Ofcom has rules in place requiring broadcast news to be presented with due impartiality. Its investigation found that RT […]
Nigel Adams MP has been named Minister of State at the Department for Digital, Culture, Media and Sport as new Prime Minister Boris Johnson continues his ministerial appointments. The post had remained vacant since the resignation of Margot James on July 18th after voting for a proposal to block a ‘no-deal’ Brexit. Adams was Parliamentary […]
Satellite operator SES has described its Half Year 2019 Results as “solid”, with continued revenue growth in Networks, strong control over cost and discretionary spending and important progress towards reshaping SES with the objective of delivering exceptional services and driving customer success. Reported revenue was €961.4 million, down 5.1 at constant FX, with underlying revenue […]
SES enjoyed a very pleasant 6 per cent rise in its share price to €14.40 (and at one stage €14.52) as the market responded to the operator’s half-year numbers. The market was reassured by (CEO) Steve Collar’s full-year outlook with guidance supplied that the addition of SES-12 and its new Video revenues and Network business […]
The news that Vivendi has appointed merchant bankers to oversee the sale of its Universal Music Group (UMG) subsidiary means that for Vivendi itself it is time for an upgrade, and a positive one, suggests a research note from Deutsche Bank. Vivendi’s half-year numbers were impressive: Revenues grew 13.6 per cent, with EBITA up 32.4 […]
More than a million pensioners will struggle to pay their TV licence once the concession is scrapped next year, the Age UK charity has warned. The BBC will no longer be funding the TV licence for people aged over-75 from next June. However, those claiming pension credit will still be able to claim a free […]
Convergent telco Masmovil Group’s H1 indicate the company continues to lead the acquisition of customers in the Spanish telecommunications market and reaching new record for both revenues and EBITDA. During this period, Masmovil continued to increase the Group’s profitability and has obtained a record EBITDA of €216 million (+40 per cent). The EBITDA margin has […]
Eutelsat will unveil its end-of-year numbers on July 31st. A report from analysts at investment bank Exane/BNPP says it expects management to reaffirm its guidance of a return to slight revenue growth. ‘Slight revenue growth’ could be seen as good news. However there’s a sting in the comment, with the bank saying “but given the […]
Volaris Group has completed its twelfth acquisition in the Communications and Media vertical with the acquisition of MDS Global, a provider of revenue management, business assurance, and analytics software to telecommunications service providers. Founded in 1987 as part of Martin Dawes Telecommunications Ltd. (MDT), a pioneering Mobile Virtual Network Operator (MVNO) in the UK, MDS […]