After much delay, troubled streaming service Viaplay has posted its Q3 results revealing that operating income for the quarter dropped by SEK -321 million (€28.1m). Further quarterly highlights included: 7 per cent Group organic sales growth with reported net sales of SEK 4,536 million 17 per cent Viaplay organic sales growth and Viaplay now represents […]
Prime Video has announced that Sky Sports broadcasting legend Jeff Stelling will return to UK screens to join Prime Video’s talent line-up, spearheading the Every Game Every Goalshow on December 6th, which allows fans to see all the goals and key moments from every game across all six of that evening’s fixtures. In addition, Dan Walker will make his […]
Research from Ampere Analysis reveals the increasing global appetite for women’s football competitions. The research reveals that 7 per cent of consumers globally reported interest in international women’s football competitions in Q3 2023, up 29 per cent on figures reported at the beginning of the year, with South Africa, Brazil and Sweden seeing the highest […]
The European Space Agency (ESA) issued a strong warning to contractors supplying components for its new Ariane 6 rocket. They will be barred from raising prices over and above their originally quoted costs – and that ESA expects prices to be reduced. Phillippe Baptiste, head of France’s CNES space agency, said this was not the […]
Gogo Business Aviation has released over-the-air software updates for clients and their aircraft. The update covers Gogo’s Avance technology. With the update, further modifications can now be deployed without physically touching the aircraft, reducing the time required for software updates, and improving the efficiency and management of upgrading large fleets. “This industry-first capability for connectivity […]
Magic Light Pictures has created Christmas idents exclusively for BBC One to tie in with the Christmas animated adventure Tabby McTat. The three 40-second animations show Tabby McTat and family enjoying a quiet snooze under the Christmas Tree when they’re abruptly awakened; Stick Man and his family receiving gifts from Santa; and the Gruffalo’s Child’s […]
Findings from strategy and consulting firm Magid’s SubScape next generation, analytics-driven tool have revealed key insights about subscriber motivations and solutions for engagement. “The media industry is at an inflection point as savvy consumers are presented with an unending list of viewing options,” advise Brent Magid, CEO, and Kate Morgan, chief product officer and head […]
The on-off merger between tow Indian entertainment giant, Zee Entertainment Enterprises (ZEEL) and Sony Corp’s India production and broadcasting divisions is again at risk of collapsing. Local reports say that time is running out to conclude the agreement which – if successful – will create a $10 billion media giant. There are many unresolved issues, […]
Disney is bracing for another proxy battle with the activist investor Nelson Peltz. James Gorman, Morgan Stanley’s chief executive, and Jeremy Darroch, who formerly ran Sky, the British television company, will join Disney’s board early in 2024, according to a securities filing. “Their appointments reflect Disney’s commitment to a strong board focused on the long-term […]
For the very first time ever, viewers who do not pay for a traditional TV service in the US will outnumber those who do.Non-pay TV viewers – the sum of cord-cutters and cord-nevers – will grow by 12.5 per cent to 144.1 million by the end of 2023, according to Insider Intelligence. Traditional pay-TV viewers […]
Digi has reached a preliminary agreement with Orange-MásMóvil to acquire the so-called remedies, the surplus assets from the merger. This move may pave the way for the EU approval of the merger, still under the EC scrutiny and valued at over €18 billion. If acquired, Digi says it will invest around €2 billion over the […]
Investment bank Jefferies, in a report for clients, says that Nordic streaming results Viaplay’s current equity value is “essentially written down to nil” and with the current equity “wiped out” it has rated Viaplay as “Underperform”. “The execution risk of the plan is low. Management’s tone on the 7am (December 1st) UK call [on the […]
Streamers, both global and national, are using advertising to boost their SVoD or catch-up services. Global streamers recognise that in macro-economic hard times sign-offs can be rescued by a lower price tier supported by advertising. National catch-up services recognise that ads are so irritating to viewers that they can charge some of them to upgrade […]