Three sets of Intelsat-related court actions will come before the courts during August. August 18th will see the adjourned hearing on Intelsat’s Chapter 11 bankruptcy disclosure statement take place. It will take place at the US bankruptcy court for the Eastern District of Virginia. The hearing will focus on Intelsat’s bankruptcy reorganisation/exit scheme filed before […]

The Federal Communications Commission (FCC) has told SpaceX – and a few other would-be beneficiaries of its rural broadband largesse – that the cash it is prepared to award cannot be used to serve “parking lots and well-served urban areas”. Michael Janson, the FCC’s Rural Broadband Task Force director, has written directly to SpaceX as […]

Analysts at Berenberg Bank have praised Nordic Entertainment Group’s (NENT) Q2 results, saying the broadcaster’s subscription numbers “which stole the show”. While the company’s Q2/2021 sales of SEK3,072 million was in line with consensus, it was the subscriber numbers which impressed. Berenberg said: “The international subscriber outlook for 2021 increased to 500,000 from 250,000 as […]

A report from equity analysts at Berenberg Bank suggests an unclear future for the ITV/BBC BritBox streaming joint-venture. The bank says that Britbox is a “distraction that will not succeed”. The bank’s report makes blunt reading for the BritBox venture. “BritBox trends look weak: While the near-term picture on advertising looks clearly more positive, the […]

SES has filed various Motions in front of Intelsat’s bankruptcy court ahead of a planned hearing on the SES application for a summary judgement in its case for a 50/50 split of the FCC’s incentive payments. The FCC payments are in respect of the C-band reallocation over the US. Some of the key elements in […]

The news that Netflix has made a key appointment to its game development division is good news for the streamer says a report from equity analysts at investment bank Exane/BNPP. Mike Verdu will join Netflix as VP/game development, reporting to COO Greg Peters, the company has confirmed. Verdu was previously Facebook’s VP/in charge of working […]

Jeff Bezos is just a few days away from his Blue Origin/New Shephard sub-orbital launch, scheduled for July 20th. But back at its Redmond (Washington state) headquarters, his Project Kuiper broadband-by-satellite team are readying its next steps. Amazon’s Project Kuiper is licensed by the Federal Communications Commission to launch 3236 satellites into low Earth orbit. […]

Intelsat, currently trading as a Debtor in Possession under Chapter 11 rules, has asked its bankruptcy court to start hearing its Disclosure Statement on August 11th. The original wish was for the hearing to take place on July 27th, but that now looks likely to be postponed until August 11th, given that 28 says notice […]

UK-based aerospace business QuinetQ has won a contract to build and operate an European Space Agency (ESA) satellite which will test and de-risk new space technologies. The ESA’s EU Horizon 2020’s IOD/IOV (In-Orbit Demonstration and Validation) programme will provide affordable access to space demonstration and validation for new space technologies and capabilities. It aims to […]

To describe Sir Richard Branson as a successful entrepreneur is perhaps an understatement, but the world knows that billionaire Amazon founder Jeff Bezos tops that category. However, when it comes to sub-orbital space flight, the pair are almost neck and neck in their ambitions. On July 11th, while insisting there’s absolutely no rivalry with Bezos, […]