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Spotify posts record profits

Spotify, the music streaming platform, has announced record profits of over €1 billion, after a year of cost-cutting measures and trimming staff. The Sweden-based company has been growing its user base steadily for years, but its quarterly gross profit came at the expense of missing its forecast for monthly active users. The company has a […]

April 24, 2024

Study: Advertising is profitable business growth driver

A comprehensive study of advertising effectiveness has proven that advertising is a profitable driver of business growth and that all forms of advertising pay back, especially when their sustained effects are measured. The study – Profit Ability 2: the new business case for advertising – was commissioned by Thinkbox from Ebiquity, EssenceMediacom, Gain Theory, Mindshare, […]

April 24, 2024

Orange Q1 revenue up 2.1%

Orange has reported Q1 group revenues rose 2.1 per cent compared with the first quarter of 2023 (+€201 million) thanks to growth in retail services (+3.2 per cent or +€232 million ) and a smaller decline in wholesale services (-4.1 per cent or -€62 million), mainly related to higher unbundling rates in France. Commenting on […]

April 24, 2024

Savine rejoins FreeCast

FreeCast has announced the return of Chris Savine to an executive role with the company. Savine will serve as Chief Operations Officer and Head of Finance. Savine has held the role of CFO with a number of significant firms including Capital Cities/ABC (now part of The Walt Disney Company), Netscape, AOL Time Warner, RR Donnelley, […]

April 24, 2024

Ireland: Large increase in adult BVoD, SVoD users

Kantar’s TGI ROI has published figures on Irish adults’ evolving viewing / listening habits. The sample is representative of 4,000 adults aged 16+ in Republic or Ireland, based on fieldwork from March 2023 – February 2024. The data uncovers that Irish adults spend 24.2 hours a week watching TV. RTE One remains the popular channel […]

April 24, 2024

MPEG-5 could unlock UHD

Thierry Fautier, until recently a senior figure at Harmonic and now MD at Your Media Transformation, in a comprehensive paper presented at NAB, said it is about time to change the game on UHD deployment. He especially drew attention to the Brazil TV 3.0 announcement, and its plans to standardise on a UHD VVC together […]

April 24, 2024By Chris Forrester

SES’s O3b mPOWER now operational

SES has announced that O3b mPOWER, its second-generation software-enabled satellite system, is now operational and can provide high-performance connectivity services around the globe. With the first six O3b mPOWER satellites operating at medium Earth orbit (MEO) or 8,000km away from the Earth and with extensive ground infrastructure built around the world, SES will be introducing […]

April 24, 2024

Denmark: HVoD, sport, password crackdown to boost streaming

The Danish streaming market showcases stability during the first quarter of 2024, reports Mediavision. Household penetration of direct-to-consumer services remains at roughly 65 per cent, which equals approximately 1.7 million households. Stacking (number of paid streaming subscriptions per household) in Denmark is stable at just shy of three subscriptions per household. In total, Danish households […]

April 24, 2024

DAZN FAST channels on Tubi

Tubi, Fox’s ad-supported streaming service in North America, has announced a content partnership with DAZN, the sports streaming platform. The licensing agreement will see DAZN Ringside and DAZN Women’s Football FAST Channels launch in the US, and DAZN TV and DAZN Women’s Football FAST Channels launch in Canada. This is the first time the DAZN […]

April 24, 2024

Forecast: Handheld gaming devices near 30m in 2028

Research from Omdia reveals 19.3 million handheld gaming devices were sold globally in 2023. The Games Handhelds Database forecast, which spans the full breadth of dedicated handheld gaming hardware, estimates this will grow to 29.3 million units by 2028. Handheld gaming experienced a resurgence led by the Nintendo Switch, following its displacement by mobile gaming […]

April 24, 2024