The long-running legal action between SES and Intelsat is back in court on January 31st. The hearing is focussed on the SES claim that Intelsat pay what SES says is its share of the costs associated with the C-Band Alliance (CBA). The CBA failed in its plan to create a private auction of C-band satellite […]
The rocket and satellite industry know all about Florida’s long history of launches, as well as the importance of the French Guiana facility at Kourou or the Russian Cosmodrome at Baikonur. But there are dozens of other would-be launch sites now emerging, and the UK is determined to tap into at least some of these […]
Aerospace giant Airbus has relaunched its high-altitude Platform Station business (HAPS) with a new name, Aalto, and is targeting high-altitude surveillance, 5G and direct-to-device connectivity. The company is expected to seek outside investment for the programme which will then be spun-off as a separate business. Zephyr/Aalto, using very high-flying solar-electric drones, will initially be 100 […]
A report from investment bank Jefferies says that it is “cautious” on Australia’s overall media sector. “Visibility is poor, linear TV would continue to show weakness, and while Broadcaster Video-on-Demand (BVoD) will provide an offset, content costs are rising. OML Media is our top pick in the sector as it is recovering to pre-Covid levels,” […]
SES has filed its response to Intelsat’s bankruptcy court, arguing that when the two parties signed the 2018 [C-band] Consortium Agreement SES and Intelsat not only agreed to share equally in any proceeds resulting from clearing the C-Band, but they also agreed to share equally in expenses incurred in connection with their efforts – whether […]
In December 2022, pay-TV operator Viaplay and rival Telia entered into a partnership in Sweden. Further news emerged on January 18th with Viaplay and Bell Media’s Crave streaming service agreeing a distribution agreement for Viaplay Select in Canada. Ahead of the Canadian deal, a report from investment bank Berenberg, said the Telia news “was a […]
A comprehensive eport from investment bank Exane/BNPP says it expects the Video Games sector to “rebound in 2023 helped by stronger line up of new games and better availability of new-generation consoles.” The bank reminds clients that 2022 proved to be a “corrective year” for the games sector, where the industry overall suffered a 10 […]
Michael Nathanson, senior analyst at MoffettNathanson (MN), is on record as welcoming the return to Disney of Bob Iger. MN promptly upgraded its advice to clients on Disney last November (to ‘Outperform’) following Iger’s re-appointment. But MN’s latest study lists in some detail the tasks ahead for Iger. “Iger’s return will force Disney to have […]
SES’s share price is currently at about €6.60, itself an improvement on typical prices of nearer €6.18. But a report from analysts at Berenberg Bank recommends clients ‘BUY’ SES and gives a target share price of €9.20. Good as this sounds (for investors) the new target price is lower than the bank’s previous guidance (which […]
Investment bank Jefferies, in a major review of US Media & entertainment, offers a wide variety of advice to clients including a downgrade (to ‘Hold’) for music streaming service Spotify and Roku (to ‘Underperform’) but with an upgrade (to ‘Buy’) for Netflix. The bank’s report doesn’t shy away from the risks for Netflix and the […]