India already has plenty of media-related regulator whether via the Ministry of Broadcasting, TRAI (the Telecom Regulatory Authority) as well as the Press Council of India, which monitors print. There’s also the Programme & Advertising Code and its rules on advertising minutes, decency, obscenity or incitement. However, there are also tight regulations on foreign ownership […]
Italian broadband operator Fastweb added 45,000 new customers during the first quarter of 2017, taking the total to 2.4 million. Compared to Q1 2016, the number of total customers increased by 159,000 (+7 per cent), driven by the success of the broadband offers with speeds up to 200 Mbps and the launch of the new […]
Following a comprehensive strategic review, IP Network will be transformed into a single point of contact for advertisers wishing to communicate outside their home territory and are keen to benefit from local expertise. As part of the strategic repositioning, IP Network will change its name to RTL AdConnect effective immediately. In addition to the established […]
US telco equipment company ARRIS International has announced preliminary and unaudited financial results for the first quarter 2017. Revenues in the first quarter 2017 of $1.483 billion (€1.36bn) were down $132 million, or 8 per cent, as compared to first quarter 2016 revenues of $1.615 billion. First quarter revenues were down $276 million, or 16 […]
India’s Central Bureau of Investigations (CBI) has said it will proceed with charges against key officials at India’s Space Research Organisation (ISRO) over an alleged fraud and loss of millions. An earlier decision by India’s fraud-busting Enforcement Directorate last June confirmed its view that a deal between ISRO and its commercial subsidiary Antrix, were illegal. […]
A research report by the EBU’s Media Intelligence Service (MIS) that PSM (public service media) have actually increased their investment in content by 6.8 per cent over the last five years (2011-2015), despite a minimal 1.4 per cent increase in their revenues. PSM offers good value for money with investment in content representing 54 per […]
Viacom reported higher revenue big charges as new CEO Bob Bakish implements his turnaround plan. Net income fell to $121 million from $303 million a year ago. The results include restructuring and programming charges of $280 million. Adjusted net earnings were up 5 per cent. Revenues rose 8 per cent to $3.3 billion. Viacom’s media […]
Pakistan’s PEMRA media regulator has revoked the satellite TV broadcast licences of Bol News and Bol Entertainment, which broadcasts as Pak News. Pakistan’s Interior Ministry has allegedly rescinded the security clearances of Bol’s company directors, Shoaib A. Shaikh, Ayesha Shoaib Sheikh, Viqas Atiq and Sarwat Bashir, said a PEMRA press release issued May 3rd. According […]
Scripps Networks Interactive made strong earnings on US ad sales growth. First-quarter net income fell 27 per cent to $199.9 million, compared with $290.9 million for the prior year period. The prior year results include the sale of an investment in Fox Sports South to Fox, when adjusted net income was up 20 per cent. […]
The CalaClassic Channel, which beams a pay-TV service to the Caribbean region, has almost doubled the amount of BBC content available to viewers. CalaClassic is distributed by LORAC Communications. An initial deal, signed in February 2016, saw some 700 hours of BBC-Worldwide material licensed to CalaClassic in a deal arraigned by Vivicast Media through LORAC. […]