Former president and general manager of WGN America and Tribune Studios Matt Cherniss has jointed Apple to help oversee the development of the company’s video unit. Cherniss will report to Jamie Erlicht and Zack Van Amburg, the two former Sony executives who joined Apple earlier this year to lead Apple’s video programming efforts on a […]
Smart content and device company TiTANplatform Corporation has engaged Deloitte Corporate Finance LLC (DCF) to provide investment banking services and Deloitte & Touche LLP to provide accounting services. TiTANplatform and DCF will work in conjunction with Manatt, Phelps & Phillips, a leading US law firm, to complete a new $100 million capital raise on top […]
Roger Lynch, CEO at Charlie Ergen/DISH Network-backed Sling TV, is leaving the broadcaster to take up the President/CEO position at music streaming site Pandora. Lynch has been one of Ergen’s key executives and in July 2012 founding-CEO at OTT service Sling TV. He had worked with Ergen at DISHNetwork and EchoStar. He also spent time […]
Reports out of Israel say that the acting chairman of telco Bezeq, David Granot, has been detained for questioning by Israel’s Police National Fraud Unit over alleged bribery and money laundering. The problems are additional to those already underway which include investigations by the local Securities regulator, and in particular into Bezeq’s controlling shareholder Shaul […]
Sydney based start-up Veredictum has launched the token sale for its decentralised anti-piracy and distribution platform for the film and video industry. The Ventana token sale aims to achieve widespread acceptance within the film and video industry using blockchain-based technologies to register video and film ownership rights, and to add detectable fingerprints to content so […]
The August 10th news that French multinational cable, fibre, telecommunications, content and media group Altice is preparing a bid for US cable giant Charter Communications prompted equity analysts at MoffettNathanson to write a hard-hitting comment, saying – in essence – that the bid made no financial sense at all. Indeed, Craig Moffett poured scorn on the […]
Amazon has revealed that its LOVEFiLM DVD-by-mail rental service will cease to operate in the UK on October 31st. The online shopping giant cited a “decreasing demand” for DVDs and Blu-rays as customers increasingly move to streaming movies and TV series instead. LOVEFiLM was founded in 2002 and acquired by Amazon in 2011, when it […]
China Digital TV used the occasion of its Q2 numbers by saying that it was working to regain its position on the New York Stock Exchange. The NYSE has started the delisting process for China Digital because the average trading price in the Chinese company’s shares has fallen below the Exchange’s continued listing requirements. China […]
Colombian authorities have reportedly hit América Móvil and Telefónica’s Movistar with a 4.7 trillion Pesos (about $1.55bn) fine for alleged unauthorised use of the country’s public infrastructure. Journalist Alan Burkitt-Gray, writing in Capacity & Global Telecoms Business, says that the Colombian authorities are willing to accept further negotiations as to the payment period. Otherwise the […]
STV has announced its new chief executive ahead of the departure of Rob Woodward. ITV’s Simon Pitts is expected to take the helm at the Glasgow-based broadcaster in January 2018. Woodward announced in April that he would be leaving the company after ten years to seek “fresh challenges”. Pitts is currently ITV’s managing director of […]