Sony Pictures Networks India (SPN) has revealed that SPN and its affiliates have entered into definitive agreements to acquire TEN Sports Network from Zee Entertainment Enterprises Limited (ZEE) and its subsidiaries for $385 million (€345.4m). Completion of the acquisition is subject to regulatory approval. The acquisition will add South Asia’s leading sports network to SPN’s […]
Sony Pictures Home Entertainment (SPHE) and Intel Corporation have confirmed that ULTRA, SPHE’s 4K movie streaming service, will debut on computers powered by 7th Gen Intel Core processors beginning Q1 in 2017. Coinciding with the expanded availability of the service, ULTRA will add new features such as 48 hour rentals and free 10 minute previews, […]
Giant satellite operator Intelsat is offering a $141.8 billion (€127.2bn) bond exchange, and in the process cutting its interest payments and reducing its debt burden. It is the latest stage in a comprehensive debt restructuring that has been on-going for some months. Normally, one would expect shareholder support for any scheme that saw interest payments […]
Overall satisfaction with paid streaming video service is highest among cord stackers in the US – customers who subscribe to a traditional cable/satellite service in addition to streaming video service – according to the J.D. Power 2016 Streaming Video Satisfaction Study. The inaugural study measures overall satisfaction among customers who have used a subscription- or […]
Shareholders in SiriusXM Canada Holdings, which controls the pay-radio broadcaster ‘north of the border’ in Canada, have approved a resolution to go private. The vote supports a C$275 million recapitalisation scheme. Canada’s CBC public broadcaster will sell its shares and the end result will see the US ‘parent’ own 70 percent of the economic interest […]
Enensys, designers and manufacturers of digital TV transmission technologies, has successfully defended a patent at the European Patent Office. Eric Deniau, VP Operations and Innovation at Enensys, said, “Innovation is key in our industry and part of Enensys’ DNA; we are constantly thinking in terms of how to provide better solutions to satisfy our customers’ […]
Further expanding its presence across the Middle East and North Africa (MENA), Discovery Communications has formed a partnership with BHS Media. The partnership allows BHS Media to use Discovery’s content and branding to create and launch a brand new free-to-air lifestyle channel, Home & Health Farsi. With a proven track record of entertaining audiences across […]
The decline of the worldwide tablet market is set to continue for the remainder of 2016 as year-over-year growth reaches an all-time low of -11.5 per cent and shipments of 183.4 million units, according to forecast data from the International Data Corporation (IDC) Worldwide Quarterly Tablet Tracker. Positive growth is set to return in 2018 […]
MX1, the global media services company newly formed from the merger of SES Platform Services and RR Media, has signed up Premier League Productions (PLP) after agreeing a deal with IMG, PLP’s production partner. This new contract covers MX1’s distribution of Premier League match broadcasts to TV service providers and audiences worldwide as part of […]
Kaltura, a video technology provider, and Microsoft Azure, which is enabling some of the world’s biggest media companies to host and stream video at scale across all devices, are working together to deliver a cloud-based OTT platform using best-of-breed technology for a robust, scalable OTT TV solution to deliver content to any device. Kaltura has […]