On July 28th, both of Europe’s major satellite operators unveil their results. SES will reveal its half-year numbers and Eutelsat its full-year figures. The event has prompted equity analyst Sami Kassab at Exane/BNP-Paribas to examine the prospects for the two companies. Kassab makes it clear that he currently favours Eutelsat over SES. He says: “We see […]
Intelsat, the specialist in integrated satellite communications, has announced three new leadership appointments expected to drive product development, innovation and growth for the organisation and its customers. Under the new structure, Jean-Philippe Gillet will lead the Broadband business, Mark Rasmussen will head the Mobility business and Robert Cerbone joins the company as the head of […]
Netflix saw its share price rocket 11 per cent on July 17th to an all-time high of $179 (€155) at one point, helped by impressive subscriber numbers. Netflix told the market that it had brought in a Q2 record of 5.2 million net new subscribers globally, up from 99 million at the end of Q1 […]
Network policy control solutions provider Sandvine has entered into an arrangement agreement with PNI Canada Acquireco Corp, an affiliate of Francisco Partners and subscriber and network intelligence provider Procera Networks which will see PNI acquire all of the issued and outstanding common shares of Sandvine by way of plan of arrangement for cash consideration of […]
Modern Times Group (MTG) has reported Q2 sales of SEK 4,246 million (€444.15m) with 5 per cent organic growth. The Swedish broadcasting group operating income up 9 per cent to SEK 391 million. President & CEO Jørgen Madsen Lindemann commented: “This was the fourth consecutive quarter of at least 5 per cent organic sales growth, […]
The French-backed ‘4-Ever’ research and development project has come to an end. Its nine core partners include Orange, France Télévisions, Globecast and ATEME, and the focus was very much on 4K/Ultra HD transmission and in particular how UHD could advance with High Dynamic Range (HDR) and higher frame rates. The research project, under the leadership of […]
Egypt’s Competition Authority (ECA) has repeated that Qatar-based beIN Sports cannot operate or deliver its sports transmissions over Egypt. Currently, Egypt is in a diplomatic dispute with Qatar, which has not helped the situation but in fact the problems with beIN Sports go back to the earlier part of the year, and concerns access to […]
ITV has confirmed that Carolyn McCall is to join the Board as Chief Executive. She joins ITV from easyJet where she has been Chief Executive for seven years. Prior to easyJet, McCall was Group Chief Executive of the Guardian Media Group. Peter Bazalgette, Chairman of ITV, said: “In a very impressive field of high calibre […]
US telco giant AT&T will run its DirecTV pay-TV arm as a separate division following on from its $85 billion (€74bn) acquisition of Time Warner’s media assets. According to reports. The Time Warner purchase has not yet formally closed, but is expected to wrap by the end of the year. Part of the package being […]
TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, and international television and broadband company Liberty Global are launching a global television production and distribution studio – Platform One Media. TPG Growth will fund its investment through Evolution Media, an investment partnership with CAA and Participant Media. Liberty Global will initially […]