In reporting its Q4 results, Netflix has revealed it finished 2018 with 139 million paying memberships, up 9 million from quarter start and up 29 million from the beginning of the year. The SVoD service grew annual revenue 35 per cent to $16 billion in 2018, and nearly doubled operating profits to $1.6 billion, though […]
Orange has reportedly hired investment bank Credit Suisse as an adviser to look at acquiring Euskaltel, based in northern Spain, with a market value of €1.3 billion. A merger would allow Orange greater access to Spain’s growing broadband market and Euskaltel’s 800,000 customers. The move would consolidate its market position as number two in Spain. Euskaltel’s […]
According to a report from AudienceProject, the marketing technology firm, 57 per cent of UK consumers would cancel their Netflix subscription if the company were to add commercials into its streaming service. When asked whether they would stop watching Netflix content featuring ads even if the subscription price was lowered, 42 per cent of respondents […]
News and current affairs channel RT is to seek a judicial review of the December 20th finding by UK broadcast regulator Ofcom that RT had broken broadcasting rules by failing to preserve due impartiality in seven news and current affairs programmes over a six-week period. A Statement from RT said: “Today RT has informed Ofcom […]
BritBox, the US SVoD service from BBC Studios, the commercial arm of the BBC, and ITV, the UK’s biggest commercial broadcaster, has surpassed 500,000 subscribers, doubling year-on-year, as it ends its 22nd month in the US and 11th month in Canada. The service, home to a library collection of British streaming content, was considered the […]
Five locations across England will receive a share of £20 million (€22.68m) to invest in local culture, heritage and creative industries and help drive economic growth. In the first government investment of its kind, Grimsby, the Thames Estuary, Plymouth, Wakefield and Worcester will use the funding on local cultural plans which are tailored to the […]
The Singapore government has announced that it will be amending the Copyright Act to update its copyright regime in an effort to support creators and users of video content. A critical part of the suite of amendments includes new enforcement measures to deter retailers from profiting from providing access to content through unauthorised sources such […]
In research and consulting firm Futuresource’s perspective report, Battle for the Living Room, published before Christmas, it stated that Apple was to make a big play in TV in 2019, highlighting that: “Apple’s Achilles’ heel to date has been its lack of reach on the big screen in the living room, where most premium content […]
The England & Wales Cricket Board (ECB) has announced the appointment of BT’s Tony Singh as its new Chief Commercial Officer. Singh, who is currently Content and Business Development Director at BT, joins the ECB’s senior management team at Lord’s and will oversee all revenue generation and its key commercial relationships as well as customer-facing […]
Anne Bulford, the BBC’s Deputy Director-General, has decided to leave the Corporation in the spring of 2019 to pursue a portfolio of non-executive roles. BBC Director-General, Tony Hall and the BBC Board thanked her for her work since 2013, which they say has helped transform the BBC and set it up for further success. “Anne […]