Billionaire investor Vincent Bolloré has now acquired more than 14 per cent of entertainment conglomerate Vivendi. Reuters says that according to regulatory filings Vincent Bolloré has spent more than €1.5 billion to buy shares in 19 separate transactions in order to boost his shareholding from 20.5 per cent to the 24+ per cent now in place. […]
Worldwide spending on telecommunications and pay-TV services reached $1,662 billion (€1,389 bn) in 2017, an increase of 1.4 per cent year over year (in constant dollar terms), according to market intelligence firm the International Data Corporation’s (IDC) Worldwide Telecom Services Database. IDC believes that the growth rate will accelerate to 1.6 per cent in 2018, bringing […]
New research from analyst firm Parks Associates shows that 6 per cent of US broadband households are highly likely to subscribe to an online pay-TV service within the next 12 months, which would more than double the number subscribing today. “In 2017, 14 per cent of non-pay-TV households were
The Canal + Group is now offering Apple TV 4K as a set-top box alternative to its subscribers in France. Customers can choose Apple TV 4K as a set-top box and access their programmes, including an ever-expanding choice of 4K and HDR content, the App Store, Apple Music, Siri, and more. The broadcaster says that […]
The top 10 television service providers in the US lost over 200,000 subscribers between them in the first quarter of 2018, as reported by the informitv Multiscreen Index. Among the top 10 services there were 373,000 fewer satellite subscribers and 245,000 fewer cable television customers. Meanwhile online television services DirecTV NOW and Sling TV gained a total […]
Calvo Mawela, the CEO of South Africa’s MultiChoice pay-TV service, is arguing that OTT newcomers such as Netflix and Amazon Prime should have value-added tax added to their subscription costs, as well as being forced to contribute to other South African media-related services, and pay licence fees.
Revenues from pay-TV in Spain increased by 14 per cent in 2017, according to Spain’s competition and markets watchdog, the Comisión Nacional de los Mercados y la Competencia (CNMC). Pay-TV brought in €564 million with free-to air TV earning €560 million in the fourth quarter of 2017, according to the latest data available on the […]
Spain’s competition watchdog, the Comisión Nacional de los Mercados y la Competencia (CNMC), has launched a probe into alleged anti-competitive advertising practices undertaken by the largest TV companies Mediaset and Atresmedia. Both parties have been accused by media and ad agencies of obliging them to meet some ad investment quotas and the joint commercialisation of […]
Although a day later than initially planned, SpaceX’s latest upgraded ‘Block 5’ Falcon 9 rocket blasted off from Cape Canaveral on Friday afternoon (May 11th) sending Bangladesh’s first satellite into orbit. Bangabandhu-1, named after the founding father of Bangladesh, was placed into its geostationary transfer orbit, and then barely 10 minutes after launch, the rocket’s […]
Creative industries specialist, Edge Investments, has invested in a significant minority shareholding in leading OTT video distribution platform Airbeem. Airbeem’s multi-use Software as a Service (‘SaaS’) platform enables content owners to publish and monetise their video content direct to consumers by creating immersive video experiences reaching audience on all devices. Its turnkey solution for the […]