Advanced Television

Business

Leroy Deputy CEO at Eutelsat

The Board of Directors of Eutelsat Communications has appointed Yohann Leroy Deputy CEO in addition to his function as Chief Technical Officer, alongside Michel Azibert, Deputy CEO and Chief Commercial and Development Officer. Rodolphe Belmer, Eutelsat CEO, said: “Yohann has made a significant contribution to Eutelsat’s development and to our senior leadership team. His appointment […]

April 28, 2017

Strunz to moderate ANGA COM opening discussion

This year, the opening discussion of ANGA COM (May 30th to June 1st in Cologne) will be moderated by TV journalist Claus Strunz. Currently and amongst others, Strunz is presenter of the German TV magazine akte 20.17, broadcast by Sat.1. He was editor-in-chief of the German tabloid newspaper Bild am Sonntag and deputy editor-in-chief of […]

April 28, 2017

Kinnevik takes 18.5% Com Hem stake

Investment company Kinnevik has agreed to acquire 33.9 million shares, corresponding to an approximate 18.5 per cent interest, in Swedish multi-play operator Com Hem Holding from NorCell S.à r.l., the indirect investment holding company of funds advised by BC Partners LLP, for a cash consideration of SEK 110 per share, or SEK 3.7 billion (€385m) […]

April 27, 2017By Colin Mann

Netflix increases EU bond offering

Netflix has raised its senior notes offering to €1.3 billion, upsizing the debt offering from a previously announced €1 billion.  The streaming giant is offering the notes to investors outside of the US and said that it expects the sale to close on May 2nd. The notes will mature on May 15th 2027, unless earlier […]

April 27, 2017

Comcast: “2017 fastest start in five years”

Comcast, the US telco and largest broadcasting and cable television company in the world by revenue, has reported results for the quarter ended March 31st 2017. Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, “2017 is off to the fastest start in five years. We are reporting outstanding growth at Cable […]

April 27, 2017

FCC’s Pai proposes ‘Open Internet’ policy reversal

Having signalled his preference for such a move in a keynote speech at the Mobile World Congress in Barcelona at the end of February, FCC Chairman Ajit Pai has confirmed his intention to reverse predecessor Tom Wheeler’s ‘Open Internet’ policy designed to ensure net neutrality. In a speech at the Newseum in Washington, DC on […]

April 27, 2017By Colin Mann

LG Q1 boosted by premium TV demand

LG Electronics has announced first-quarter 2017 revenue of KRW 14.66 trillion (€11.65bn), an increase of 9.7 per cent from the same period last year. LG nearly doubled its operating income to KRW 921.5 billion. LG Home Entertainment Company recorded its highest first-quarter operating margin of 8.8 per cent on sales of KRW 4.33 trillion, largely […]

April 27, 2017

Technicolor: “Q1 down, but expected”

Technicolor has reported its Q1 2017 numbers. The French media and entertainment giant said that performance in the first quarter was in line with Group’s expectations and the outlook for 2017 remains unchanged. A company commentary said: “During the first quarter, revenues were down year-over-year, as expected, due to an unfavourable comparison basis in the […]

April 27, 2017

Intelsat Q1: Losses trimmed

Intelsat’s Q1 saw overall revenues of $538.5 million [€493m] (down 2.6 per cent on 2016 y-o-y from $552.6 million) but with considerable shrinkage of its all-important backlog. This latest quarter-year saw backlog (the value of contracts in hand) and which are currently valued at $8.5 billion, reduced from $9.3 billion at the same time last […]

April 27, 2017By Chris Forrester

Fee collectors name BBC shows ‘worth the licence’

The top TV moments from shows most valued by licence fee payers have been revealed by TV Licensing, the collection of companies contracted by the BBC to administer the collection of television licence fees and enforcement of the television licensing system. Dancing bears from Planet Earth II topped the list of memorable TV moments Twitter […]

April 27, 2017