In a move that sees it focus the business as pure-play sell side software platform, video monetisation software company Tremor Video has agreed to sell its buyer platform to Taptica International, a global mobile advertising technology platform, for total consideration of $50 million, subject to adjustments set forth in the acquisition agreement. Transaction Highlights Tremor […]
Israel’s Communications Minister, Ayoob Kara, speaking August 6th, said he plans on revoking the press credentials of Al Jazeera’s journalists, and in effect banning the news channel from operating in Israel. Al Jazeera, in response, says it will take legal action against the decision, and described the threats as “undemocratic”. The channel said it will […]
Iflix has raised $133m valuing the Asian streaming group at more than $600m. The two-year-old company streams in less developed markets across Asia, the Middle East and Africa and says it has doubled its customers, who pay a monthly $2-$3 subscription, in the past six months to around 5.1m. Malaysia-based iflix is backed by Hearst, […]
According to media news outlet Deadline Hollywood, AT&T is considering selling of some assets after its $85 billion merger with Time Warner closes. One of the possibilities is the disposal of CNN, which Deadline says is under consideration for a sale, with US ‘big three’ network CBS being a potential buyer, although gossip suggests that […]
Sky News is reporting that UK communications giant Arqiva has appointed four investment banks to advise it on either a London stock market listing, or a complete sale. Sky says the banks are Barclays, Goldman Sachs, HSBC and JP Morgan. The news confirms numerous market rumours these past months that the company’s current owners (a […]
TiVo has reported financial results for the second quarter ended June 30th 2017. “TiVo executed well in the second quarter with strong financial results,” said Tom Carson, President and CEO of TiVo. “We signed deals and launched products in pay-TV, OTT and mobile during the quarter. This included product deals with Millicom, Cable Onda and […]
It doesn’t much matter how the numbers are dressed up, the net result of the USA’s second-largest DTH operator, DISH Network, during its second-quarter reported a decline of 196,000 subscribers in its results announcement on August 3rd. DISH Network also had to report Q2 net income also fell a thumping 91 per cent (at $3,64 […]
Viacom posted higher earnings in the third quarter, boosted by the sale of its share of Epix. Earnings rose to $683 million, from $432 million (€581m) a year ago. The results include a $285 million gain on the sale of Epix. Adjusted net earnings were up 12 per cent. Revenue rose 8 per cent to […]
World licensing leader MPEG LA has announced a call for patents essential to ATSC 3.0 standards in order to facilitate, for the convenience of the market, creation of a joint licence to the intellectual property of leading ATSC 3.0 developers on which those standards are based. ATSC 3.0 is a set of next generation TV […]
Having revealed in its Full Year results that on a 12-month rolling basis churn was 11.5 per cent, Sky has taken steps to address the problem, with the introduction of Sky VIP, which it describes as the first tenure-based loyalty programme in the TV and Broadband sector. Sky foreshadowed the initiative in its results announcement, […]