Following its recent takeover of the company, Zegona has made its first move into Spanish telco Euskaltel by appointing José Miguel García, former CEO of Jazztel, as a member of the board of directors in the Basque-country-based company. With the appointment, Zegona takes positions in the company with its right-hand executive to be CEO of […]
Roku, the streaming media company, grew its user base by 40 per cent during the first quarter of 2019 as it focuses in on making its streaming video platform available on third-party televisions. The California-based company reported it now has 29.1 million active users that streamed some 8.9 billion hours of programming during Q1. Roku […]
Swedish media group MTG (Modern Times Group) posted a 3.9 per cent rise in Q1 sales. Its eSports division lifted its organic sales by 9.6 per cent. MTG said sales climbed to SEK 967 million (€89.5m) from SEK 931 million in the same period a year earlier, but were down by 1.7 per cent on […]
ITV has delivered a Q1 performance that it has described as “expected”. The UK commercial broadcaster said it had continued good viewing performance onscreen and online, with ITV Family Share of viewing up 4 per cent and online viewing up 16 per cent. Total external revenue was down 4 per cent at £743 million (2018: […]
Spain’s largest TV groups Mediaset and Atresmedia are in conflict with regulator CNMC over its proceedings against them following alleged unfair advertising practices. The CNMC has refused to close the file against them without sanctions – as requested by the TV operators – and will continue to press forward with its case and possible record […]
LeoSat Enterprises used the Washington Satellite 2019 show to confirm that it has now signed more than $2 billion-worth of business ahead of the launch of its first satellite. “Whilst the list of companies launching ‘build it and they will come’ mega satellite constellations continues to grow, we believe that our commercial agreements valued at […]
London-based speciality satellite operator Avanti has hired Matt Childs from Eutelsat. Childs takes up the position of Director of Government/Wholesale & Integrators. At Eutelsat he was Commercial Director of its ‘Quantum’ satellite programme. He is also well-known as being CEO at Solaris Mobile, the S-band joint-venture between Eutelsat and SES and subsequently sold to EchoStar. […]
Thaicom, Thailand’s first satellite operator, has announced its financial results for the first quarter ended March 31st. Thaicom’s revenue decreased compared to the previous quarter and the same quarter of last year. The company reported that due to effective cost management, the profit from normal operations improved. The company reported a net loss due to […]
Sinclair Broadcast Group and The Walt Disney Company have entered into a definitive agreement under which Sinclair will acquire the equity interests in 21 Regional Sports Networks (RSNs) and Fox College Sports, which were acquired by Disney in its acquisition of 21st Century Fox. The transaction ascribes a total enterprise value to the RSNs equal […]
Liberty Global has reported revenues of $2.86 billion (€2.55bn), down 0.6 per cent on a year-on-on year basis annual basis while operating income was down 10.3 per cent on the same period last year to $105.5 million. Virgin Media showed a net customer gain of 59,200, an annual increase of 32 per cent. Liberty’s UK […]