Advanced Television

Business

UK broadcasters warned on due impartiality

Ofcom research underlines the significant value UK viewers and listeners place on due impartiality as the media regulator puts broadcasters on notice that they must maintain the highest editorial standards ahead of a General Election. The qualitative research explores audiences’ understanding of news and current affairs content and their expectations of due impartiality when politicians […]

April 24, 2024By Colin Mann

Spotify posts record profits

Spotify, the music streaming platform, has announced record profits of over €1 billion, after a year of cost-cutting measures and trimming staff. The Sweden-based company has been growing its user base steadily for years, but its quarterly gross profit came at the expense of missing its forecast for monthly active users. The company has a […]

April 24, 2024

Orange Q1 revenue up 2.1%

Orange has reported Q1 group revenues rose 2.1 per cent compared with the first quarter of 2023 (+€201 million) thanks to growth in retail services (+3.2 per cent or +€232 million ) and a smaller decline in wholesale services (-4.1 per cent or -€62 million), mainly related to higher unbundling rates in France. Commenting on […]

April 24, 2024

Savine rejoins FreeCast

FreeCast has announced the return of Chris Savine to an executive role with the company. Savine will serve as Chief Operations Officer and Head of Finance. Savine has held the role of CFO with a number of significant firms including Capital Cities/ABC (now part of The Walt Disney Company), Netscape, AOL Time Warner, RR Donnelley, […]

April 24, 2024

Virgin Galactic in stock split

Virgin Galactic, already involved in a legal spat with Boeing over an alleged misappropriation and withholding of certain proprietary IP and trade secrets, has scheduled its June 12th Annual meeting to include a proposal to create a reverse stock split for the company. The intention is for Virgin Galactic to adjust the company’s shares in […]

April 24, 2024

Viaplay Q1 in line; HVoD service this summer

Viaplay has reported Q1 net sales of SEK 4,757m (€410.1m) and operating income before associated company income (ACI) and items affecting comparability (IAC) of SEK -317 million. Core operations (Nordics, Netherlands and Viaplay Select) saw 6 per cent organic net sales growth to SEK 4,459 million, with operating income before ACI and IAC of SEK […]

April 23, 2024

Vietnam: Online piracy conviction

Following criminal referrals by the Premier League and anti-piracy coalition the Alliance for Creativity and Entertainment (ACE), the People’s Court of Hanoi has handed down Vietnam’s first-ever criminal sentence for online copyright infringement against Le Hai Nam, the operator of the illegal IPTV subscription service, BestBuy IPTV. BestBuy IPTV, which has been named in the […]

April 23, 2024By Colin Mann

Prime Video joins BASE and DEGI

Prime Video has become the newest hybrid member of trade bodies the British Association for Screen Entertainment (BASE) & DEGI: The Digital Entertainment Group International. They join the thriving community of BASE and DEGI, and the eighty-five-plus organisations united in their pursuit of growth and success for Home Entertainment in the UK and Internationally. “Joining […]

April 23, 2024By Colin Mann

Banijay Asia, Sporting Beyond partnership

Deepak Dhar’s Banijay Asia (a joint venture between him and Banijay), and Ravi Shastri’s Sporting Beyond (founded by Shastri and Jaiveer Panwar), have announced a strategic partnership aimed at redefining the landscape of cricket entertainment through content and live events. This collaboration is set to explore innovative ways of merging cricket and entertainment. Announcing the […]

April 23, 2024

Liberty Global invests in Range Media Partners

Production firm Range Media Partners, which is backed by A+E Networks, has secured a minority investment from a group of investors including Liberty Global and the family office of TPG chairman David Bonderman. This new capital will be used to amplify US-based Range Media’s growth initiatives and strategic acquisitions. The investor group comprises affiliates of […]

April 23, 2024