The UK Government has confirmed Professor Dame Elan Closs Stephens as the Acting Chair of the BBC. Culture Secretary Lucy Frazer made the appointment following consultation with the BBC Board, in line with the terms of the BBC’s Royal Charter. Dame Elan will replace Richard Sharp who will step down on June 27th. The appointment […]
Netflix shareholders have voted to reject the lucrative pay plans of the company’s top executives, including the co-CEOs Ted Sarandos and Greg Peters. The vote can be overruled by the company’s board of directors the next time it meets. The vote came days after the Writers Guild of America, sent a public letter urging the […]
Orange Belgium has completed its acquisition of a controlling stake in telco operator, VOO. The closing of this deal will give Orange Belgium a 75 per cent stake minus 1 share in VOO, with the remaining 25 per cent plus one share retained by Nethys. This transaction values VOO at an enterprise value of €1.8 […]
The Culture, Media and Sport Committee of the UK House of Commons has written to ITV chief executive Dame Carolyn McCall to ask her to attend Parliament to answer questions about the broadcaster’s approach to safeguarding and complaint handling. The session will take place on June 14th at 10am. The letter is in response to […]
The Chairman of Telefónica, José María Álvarez-Pallete, has taken from as Chairman of the Board of Directors of VMO2, replacing Liberty Global CEO Mike Fries. This replacement responds to the agreement established in the creation of the joint venture resulting from the merger between Virgin Media (Liberty Global) and O2 (Telefónica), by virtue of which […]
PPF Group, the Czech Republic investment group, has raised its stake in German media group ProSiebenSat.1 to 15.04 per cent in stock and instruments. “Our growing shareholding in ProSiebenSat.1 demonstrates that PPF is a long-term and supportive investor with ample television broadcasting experience that can add value to Germany’s leading media company,” commented PPF Chief […]
Generate leads, drive website traffic, and build brand awareness Social media is the obvious place to start promoting your free, ad-supported TV (FAST) channels and platform. But it’s not just about creating an account and posting ad hoc. Social media marketing requires an evolving strategy with measurable goals, including: · Maintaining and optimising your profiles. […]
According to a report by technology intelligence firm ABI Research, 5G connectivity will contribute $508 billion (€472bn) to global GDP by 2030. As 5G enables automation and digitisation, even in highly critical use cases, this GDP surge will be driven by voice and connected worker use cases in industrial environments. Deployments within manufacturing are expected […]
Effectv has released the results of research examining summer television viewership and advertising trends. Chief among the findings was this: Marketers that maintain TV advertising during the summer months, a period when advertisers have traditionally pulled back, may see a significant boost in their brand’s share of voice. Insights from aggregated viewership data show a […]
A report from the Eurospace Observatory says there are now more than 1000 ‘newspace’ companies actively involved in the space and space-related industries. These numbers do not include so-called downstream sectors. Moreover, the data shows that the total fresh funding raised by these 1,000 exceeds $48 billion (€44.5bn). Broken down, the data reveals that US […]
After two years as a virtual event, Netflix has announced that Tudum – its annual fan event that covers news and announcements pertaining to Netflix content – will be broadcast live in front of thousands of attendees in São Paulo, Brazil on June 17th. Netflix fans around the globe are invited to tune in live […]
California-based Rocket Lab made headlines a week ago when it bought some key assets from bankrupt Virgin Orbit. Rocket Lab has been awarded Virgin’s 144,000-square-foot Long Beach, California–based manufacturing facility for $16.1 million. That news, plus a fresh launch contract, has given the business a significant lift in its implied value. Analysts from investment bank […]
The Great Streaming War of the early 2020s is finally over. Like so many wars, this one ends with many losers, but no clear winner. And we, the viewing audience, are left with too many choices and too much cost. Let’s briefly recall why the Streaming War was fought. Not long ago, SVoD (streaming video […]
