Charlie Ergen’s joint-venture in Dish Mexico with billionaire Carlos Slim’s Telmex operation has been hit with a fine by Mexico’s Federal Institute of Telecommunications (IFT) for failing to observe the rules of its DTH concession to operate over Mexico. However, the problem is not likely to ruffle too many feathers. The Telmex fine was for […]
CBS boss Leslie Moonves has received a salary, plus bonus package of $69.6 million for last year’s work. It represents a 22 per cent improvement on his 2015 earnings. The total compensation package is split between $32 million in cash, and another $31.9 million in stock options which themselves represent the 35 per cent gain […]
Peter Lyhne Uhrenholt has been promoted to CEO from his current position as CPSO (Chief Product and Solution Officer), to take over from Claus Omann who is leaving the company after eight years. Peter will continue to execute on the strategies already defined. With a keen focus on execution, Peter will be leading a strong […]
EU Competition Authorities have reportedly given the greenlight for 21st Century Fox to acquire full control of Sky plc. The acquisition, agreed last December, has also been referred to Ofcom by Karen Bradley, the UK Secretary of State for Culture, Media and Sport. The regulator now has 40 working days to decide whether the bid […]
Satellite operator SES’s Board of Directors has approved a restructuring of SES’s go-to-market organisation model with the creation of two highly-focused business units, SES Video and SES Networks, focusing on the video- and data-centric segments in which SES operates. The new organisation, which will be implemented during the course of 2017, will gather all go-to-market […]
The Financial Times is reporting that there may be challenges ahead for the proposed takeover by 21st Century Fox of Sky’s European assets. The risks focus on the recent problems at 21stC’s Fox news division with a slew of problems, not least recent allegations of sexual impropriety at Fox News, which – says the newspaper […]
Ryan Baker, of Baker Marquart, the law firm acting for OTT streaming service FilmOn X, has filed a petition for rehearing en banc (a session in which a case is heard before all the judges of a court [before the entire bench] rather than by a panel of judges selected from them) in respect of […]
MGM is to acquire all of the interests in premium pay-TV network EPIX of fellow partners Viacom, Lionsgate and Paramount for approximately $1.032 billion (€0.970bn), based on a total value for the company of $1.275 billion (inclusive of $75 million of distributions to the partners). Viacom and Lionsgate currently own 49.76 per cent and 31.15 […]
The European Consumer Organisation (BEUC) and the European Broadcasting Union (EBU) have urged EU decision makers to give citizens the keys to enjoy more TV and radio programmes from across Europe, which they suggest can be done through new copyright licensing rules which meet the needs of the Digital Single Market. At an event April […]
Spain’s competition watchdog, the Comisión Nacional de los Mercados y la Competencia (CNMC), has started legal proceedings against Mediapro, operator of beIN Sports and beIN LaLiga, over possible anti-competitive practices in the OTT TV market. The investigation has been opened following a complaint by Obwan Networks and Services, which distributes sports content through its OTT […]