Advanced Television

Business

Global Eagle reports $223m loss

In-flight entertainment and broadband provider Global Eagle Entertainment (GEE) has apologised for a 9-month delay in filing quarterly reports to the USA’s Securities and Exchange Commission, and the NASDAQ stock exchange, saying that it had suffered difficulties in absorbing some of its recent acquisitions, notably EMC (for $550 million) in May 2016. The company also […]

February 7, 2018By Chris Forrester

Grondman joins Alticast EMEA team

Alticast has announced the addition of Andries Grondman to its EMEA team as the Director of Product Marketing & Strategy. Grondman will be responsible for driving new business development in the pay-TV security segment as well as growing product marketing and strategy for Alticast’s new and existing customer base. “Andries’ appointment is a sign of […]

February 7, 2018

EC clears Discovery Scripps acquisition

Discovery Communications has confirmed that the European Commission (EC) has cleared Discovery’s proposed $14.6 billion (€12.4bn) acquisition of Scripps Networks Interactive, subject to conditions. This regulatory milestone is an important step towards closing the transaction. The EC’s approval is conditional on Discovery’s commitment to offer third party distributors the right, on a non-exclusive and unbundled […]

February 6, 2018

Amino: “2017 another year of progress”

Amino Technologies, a global provider of digital TV video solutions to network operators, has announced audited consolidated results for the year ended November 30th 2017. The company reported pretax profit of £9.6 million (€10.8m), up more than threefold from £2.9 million in 2016. On an adjusted basis, pretax profit increased by 10 per cent to […]

February 6, 2018

Moody’s withdraws all Avanti ratings

Moody’s Investor Services has withdrawn all ratings on London-based satellite operator Avanti Communications. The move follows a similar ratings decision made last October by Standards & Poors. The withdrawal includes Avanti’s Ca corporate family rating (CFR), Ca-PD probability of default rating (PDR) and Ca rating on its senior secured bonds. The Moody’s ratings were put […]

February 6, 2018By Chris Forrester

Film industry support for Safer Internet Day

Pro-copyright education body The Industry Trust for IP Awareness, in partnership with film education charity Into Film, has launched Staying Safe Online – Meet the Malwares, a short animation and educational resource aimed at teachers and young people, ahead of UK Safer Internet Day 2018. The educational resource is intended for use in schools to […]

February 6, 2018By Colin Mann

Europe ends shopping geo-blocking

Buyers will be able to shop online in the EU without being blocked or automatically re-routed following a vote in the European Parliament, although digital copyrighted content, such as e-books, downloadable music or online games, will not be covered by the new rules for the time being. The new rules will ban the ‘geo-blocking’ of […]

February 6, 2018By Colin Mann

Telstra writes off Ooyala investment

Telstra has announced it expects to make a non-cash impairment and write down the carrying value of Ooyala, its US-based intelligent video business, to zero. Following completion of its impairment testing process for the half year ended 31 Dec 2017, Telstra expects to recognise an impairment charge of A$273 million (€173.6m) against goodwill and other […]

February 6, 2018

Ostmodern sees record growth

Ostmodern, the OTT and video specialist, has posted record growth for 2017. This has been driven by the signing of six new clients to its portfolio, which already includes some of the world’s most recognised brands, such as the BBC and Channel 4. To support this growth, Ostmodern bolstered its team with 28 new full-time […]

February 6, 2018

Vogt named CEO of ATX Networks

ATX Networks, a global provider of network infrastructure systems and commercial video solutions, has appointed Charlie Vogt as President and Chief Executive Officer. The 30-year information technology and communications leader joins ATX following four successful years as President and CEO of Imagine Communications, where he transformed the company from Harris Broadcast to Imagine Communications and […]

February 6, 2018