Viacom is demanding CBS increase its takeover bid by $2.8bn, meaning a 20 per cent uplift on the original offer. CBS had reportedly offered around $12bn, which is below it current market capitalisation of $12.7bn. The offer was quickly rejected by Viacom. Viacom has countered asking for $14.8bn. The exchange shows the gap between what […]
Parks Associates’ 360 View: Access and Entertainment Services in U.S. Broadband Households reveals that 10 per cent of US broadband households switched providers, downgraded their service, or cancelled pay-TV service in the past 12 months, primarily because of a negative perception of the service value, including statements that the “service wasn’t worth the monthly cost” […]
The Canal+ Group Supervisory Board has unanimously appointed Maxime Saada Chairman of the Managing Board of Canal+ Group. In this capacity, Saada will be heading all Group operations. Saada succeeds Jean-Christophe Thiery who is appointed Chairman of the Supervisory Board of Canal+ Group, replacing Vincent Bolloré. Saada graduated from the Institute of Political Studies in […]
The advent of global non-linear platforms have disrupted the traditional TV market and drive new viewing habits. To local regulators, the new issues raise questions about their capacity to maintain equal rules and incentives in favour of content creativity without preventing digital-native kids to consume contents across all platforms. Mip’s industry spotlight “regulators: catching up […]
Ninety-five million additional pay-TV subscribers are set to be added between 2017 and 2023 to take the global total to 1.1 billion, according to Digital TV Research. Based on forecasts for 138 countries, the number of pay-TV subscribers passed 1 billion in 2017. The Global Pay TV Subscriber Forecasts report concludes that IPTV will win […]
Just a few days after seeing its latest satellite launched into orbit, and only a few weeks following an announcement over financial restructuring, Avanti Communications says it may not be able to meet its debt obligations. London-based Avanti, which supplies satellite capacity over Europe, the Mid-East and Africa, told shareholders on April 9th that unless […]
Large-screen display specialist LG says its new OLED factory output should mean production volumes of some 10 million units by 2020, and if the plans work out it could even mean 20 million units. Large Display Monitor, a newsletter, quotes a report in Japan’s Nikkei that half of the company’s sales in the $2,000+ display segment […]
The biggest speed increase on the Netflix ISP Speed Index for March – the monthly update on which Internet Service Providers (ISPs) provide the best primetime Netflix streaming experience – went to Japan’s Softbank (Fibre), helping the ISP rise 11 spots to second in Japan. Softbank’s Fibre offering’s speeds increased by 0.67 Megabits per second […]
A range of strong dramas and live sport has helped BBC iPlayer to achieve its best-ever February performance. Across the month, more than 285 million programmes were watched by viewers, a 4 per cent year-on-year increase, with average daily requests of 10.2 million. The first episodes of new drama series Requiem and Collateral were the […]
Online video infrastructure software Bitmovin has raised $30 million in Series B funding, led by Highland Europe, to help expand its global customer base of TV streaming providers, Internet companies and social media companies. The funding will allow Bitmovin to scale its product R&D, field engineering and sales teams worldwide. Bitmovin solves complex video problems […]