Comcast has formalised its earlier pre-conditional superior cash offer for the entire issued and to be issued share capital of Sky. The offer is for $31 billion (€25.4bn). In a Statement, Sky said that as a result of the announcement of the higher cash offer, the Independent Committee was withdrawing its recommendation of the offer announced by […]
The London offices of IMG and MP & Silva have been raided by officials from the European commission investigating potential sports rights cartels. European investigators entered the offices of IMG and on April 10th as part of simultaneous raids including 21st Century Fox subsidiary Fox Networks and Ziggo Sport, the Dutch subsidiary owned by Vodafone […]
Conviva, elevating the way OTT businesses use data-driven intelligence with its Video AI Platform, has released its quarterly measurement report on the state of OTT and the streaming video market, covering both the quantity and quality of streaming viewership. The report finds that, compared to this time last year, the audience
Statistics show that watching the big screen remains the activity that children dedicate the most time to, according to the latest Kids Tech Consumer Survey report from Futuresource Consulting. This was equivalent to an average of 4.8 hours a week across kids aged 3-16 years in all countries surveyed, which included: the UK, France, Germany, […]
TV ad revenues in Spain saw a significant fall of 4.1 per cent in the first quarter of the year, to €501.8 million, representing 49.1 per cent of all the advertising pie in Spain, according to Infoadex. The Mediaset/Atresmedia duoploy maintained its dominance in the ad market with a combined share of 85.2 per cent, […]
Italian broadcasting group Mediaset is back in the black, after reporting a net profit at group level of €90.5 million in 2017 on a turnover of €3.63 billion. This compares to a net loss of €294.5 million a year earlier, due to the unsuccessful sale of pay-TV unit Mediaset Premium to Vivendi, and revenues of […]
Research by Ampere Analysis reveals how quickly the SVoD platform Netflix can respond to the changing viewing habits of its subscribers. By comparing Ampere’s Consumer data taken from interviews with over 66,000 people in 16 markets with Netflix’s programme commissioning behaviour, we see how the streaming service has been able to adapt its Originals catalogue […]
A Goldman Sachs investment fund has teamed up with Antin Infrastructure Partners to acquire UK fibre broadband provider CityFibre. The deal by the ‘Connect Infrastructure Bidco’ consortium offered a 48 percent premium on CityFibre shares and values the company at £537.8 million (€616m). Chris Stone, Chairman of CityFibre, said: “Under private ownership, CityFibre will be […]
A study from analysts at MoffettNathanson Research (MNR) looks at whether satellite operators and their clients are facing a shortage of spectrum (which EchoStar’s Charlie Ergen seems to believe) or a glut, in particular across the US. But Ergen’s DISH Network share price has crashed 58 per cent since December 31st 2016. “As recently as […]
Viacom reported higher second-quarter earnings as expenses declined but revenue fell. Net earnings at the US media conglomerate rose to $266 million from $121 million a year ago. Revenue fell 3 per cent to $3.1 billion. At Viacom’s media networks unit, revenue increased 1 per cent to $2.43 billion, led by growth internationally that offset domestic […]