Chris Forrester is one of the most experienced and highly regarded journalists in the field. His insight and analysis, particularly in the satellite and pay-TV arena, is highly prized. He has written for all the major business journals in the sector as well as several national newspapers.
India is already extremely active in terms of space activity with its own rockets and related satellite activity. But now a dedicated Space Activities Bill is completing its final stages in parliament. In June the government announced its reform plans which would allow a much greater role by India’s private sector and this would embrace […]
The British government is spending an initial $500 million (€444.9m),to take a reported 45 per cent stake in the consortium which includes Indian giant telco Bharti Global (paying a similar sum for a 45 per cent holding) to acquire bankrupt satellite constellation OneWeb Global Ltd. The UK has confirmed it will receive a “significant equity […]
Northrop Grumman has delivered two satellites to the Arianespace launch site in French Guiana. The two craft, a Galaxy 30 satellite as well as a second Mission Extension Vehicle (MEV-2, aka as a ‘Space Tug’) will be launched later in July on an Ariane 5 rocket. Galaxy 30 is one of Intelsat’s third-generation satellites and […]
The top six executives at Intelsat have won the bankruptcy court’s approval to receive salaries and bonus payments despite protests from the Department of Justice. The payments – worth $17 million (€15.1m) overall – are based on Intelsat’s key employee incentive (KEIP) agreements with the executives. The bankruptcy court’s Judge Keith Phillips confirmed his judgement […]
SpaceX is due to carry out the launch of a military satellites for the US Space Force on June 30th. The launch is pretty routine for SpaceX and its Falcon 9 rocket, but despite having carried out 86 similar launches (and which included returning 47 to either solid ground or one of Elon Musk’s floating […]
Charlie Ergen’s move into cellular telephony is proving to be costly. A $1 billion debt offering of Senior Notes by Dish Network has been priced at 7.35 per cent. The debt is due for repayment by 2028. As a comparison last week SES offered a €400 million Eurobond, also due for repayment in 2028, and […]
The US Trustee, which is supposed to protect smaller shareholders and investors, has determined that an equity committee of common shareholders with Intelsat stock was not needed at this time but that it reserved the right to revisit the issue in the future as the bankruptcy continues. Seventy-three shareholders had combined (with some 2.3 million […]
Germany’s ProSiebenSat.1 has acquired the free-to-air domestic TV broadcast rights package of the (DFL) Bundesliga football games for the 2021-2025 seasons. Sky Deutschland won five of the seven pay-TV packages. Perhaps coincidentally, private equity giant KKR increased its stake in ProSiebenSat.1 and now holds 6.61 per cent. Earlier KKR acquired a 5.21 percent stake as […]
On June 22nd, Mediawan announced it was acquiring Lagardere Studios. The news prompted a spectacular 41 per cent rise in Mediawan’s shares. Investment bank Berenberg has looked closely at Mediawan and reports on its founders (Pierre-Antoine Capton, Xavier Niel and Matthieu Pigasse) who used the occasion to announce the creation of the Mediawan Alliance, which […]
Eutelsat’s CEO Rodolphe Belmer, speaking at the Exane/BNPP-organised CEO Conference in Paris, painted a cautiously optimistic view for the medium-term outlook for the satellite operator. Belmer said he continues to expect its Video Broadcast division (62 per cent of group FY20e revenues) revenues to be broadly stable and to benefit from lower replacement capex. Once […]
Report: Global broadband sub growth slows in Q4
Sky adds new features to Entertainment OS
MPs to probe UK cinema sector
Study: Relationship between digital ads and editorial content
Forecast: Satellite IoT market $4bn by 2030
Zayo Group names Deegan CEO of Zayo Europe
Willow by Cricbuzz launches in US, Canada
EarthxTV channel on Dailymotion
Prime Video confirms Fallout Season 2
Little Dot Studios names Young History Hit, FAST MD