2017 was a stellar year for the recorded music business, according to MIDiA research. Global recorded music revenues reached $17.4 billion in 2017 in trade values, up from $16 billion in 2016, an annual growth rate of 8.5 per cent. Streaming has, unsurprisingly, been the driver of growth, growing revenues by 39 per cent year-on-year, […]
WORK Microwave, a European manufacturer of advanced satellite communications equipment, has announced that satellite TV provider Kiwisat is using WORK Microwave’s DVB Satellite Broadcast Modulator for its new DTH offering in the Caribbean. Fully compliant with all DVB standards, including the latest and most efficient DVB-S2X specification, WORK Microwave’s modulator will provide Kiwisat with increased […]
The BBC has streamed a full Rugby League match between the York City Knights and Catalans Dragons live in UHD and High Dynamic Range on BBC iPlayer Beta, marking the first time the broadcaster has streamed a live event in the format. Writing in the BBC Technology and Creativity Blog, Phil Layton, Head of Broadcast […]
Despite adding 84 million subscribers between 2017 and 2023, subscription and PPV revenues for the world’s top 517 pay-TV operators will fall by $18 billion (€14.67bn) to $183 billion, according to analyst firm Digital TV Research. From the total, 29 pay-TV operators earned more than
La Liga’s goal of selling its TV rights at a higher price for the next three seasons, both internationally and domestically, is not proving successful. The top-flight Spanish football league aims to get around €300 million across Europe and €1 billion per year as a total across international markets (up from €650 million) plus €1.3 […]
Sky overtook Procter & Gamble as the biggest spender on traditional advertising in the UK in 2017, increasing year-on-year spend by 2.7 per cent to £197.1 million (€224.7m), according to Nielsen data. P&G’s spend dropped 1.4 per cent versus 2016 to £196.8 million, as did BT’s who retained third place despite a fall of 3.8 […]
Netflix has announced that it intends to offer, subject to market and other considerations, $1.5 billion worth of senior notes through an offering to qualified institutional buyers. Netflix intends to use the net proceeds from this offering for general corporate purposes, which it says may include content acquisitions, production and development, capital expenditures, investments, working […]
The French football league (LFP) looks set to auction the broadcasting rights for the 2020+ seasons in early June. The current TV rights expire in mid-2020 and are shared between Canal+ (which holds the majority of the rights) and rival beIN Sports. The most recent auction raised some €750 million, but it is widely reported […]
SVoD operators Amazon and Netflix have joined with Columbia, Disney, Paramount, Twentieth Century Fox, Universal City Studios, Universal Cable, Universal Television and Warner Bros to file a lawsuit against OTT service Set Broadcast, claiming it markets and sell subscriptions to Setvnow, a software application that is used as a tool for the mass infringement of […]
The OTT video market in Asia-Pacific (APAC) is crowded and led by regional OTT players, who provide a diverse set of content across multiple languages and genres at competitive price points. Against this back drop, OTT video platforms, content creators and telecom operators must collaborate to boost revenues and profits of their respective businesses, suggests […]