Following Privy Council approval, Sir David Clementi has been appointed as Chair to the new BBC Board for four years from February 16th 2017 to February 15th 2021. In September 2015, he was asked by the Secretary of State at the Department of Culture, Media & Sport to review the governance and regulatory arrangements for […]
Following the unanimous approval by the World Motor Sport Council of the change of control of Delta Topco Limited (the holding company of the Commercial Rights Holder of the FIA Formula One World Championship) from CVC Capital Partners in favour of Liberty Media Corporation on 18 January 2017, motor sport governing body the Fédération Internationale […]
It isn’t just Donald Trump who is picking on CNN. CNN’s Spanish-language service, CNN en Español, has been kicked off air in Venezuela. Venezuela’s government ordered the country’s cable systems to take the channel down just days after CNN aired an investigation into the fraudulent issuing of Venezuelan passports and visas. CNN “instigates religious, racial […]
Teads, the outstream video specialist and global video advertising marketplace in the world, has announced record results for 2016, reporting a revenue of $200 million representing a 39 per cent organic growth year-over-year (YOY). In Euros, the Luxembourg headquartered company registered 45 per cent YOY growth. Bertrand Quesada, CEO, commeneted: “2016 was the year when […]
Time Warner shareholders have voted to adopt the merger agreement between AT&T and Time Warner, with 78 per cent of the outstanding shares of common stock voting in favour; and of the shares voted, 99 per cent were cast in favour of the proposal. Having obtained shareholder approval of the $85.4 billion (€78.5bn) transaction, first […]
TiVo has reported a fourth-quarter net income of $9.8 million – a result that missed Wall Street expectations. The California-based DVR specialist posted revenue of $252.3 million in the period. For the year, the company reported net income of $21.7 million, swinging to a profit in the period. Revenue was reported as $489.6 million. TiVo […]
International TV and broadband company Liberty Global has reported Q4 and Full Year results which reveal a European operating income of $683 million (€643m) and $558 million in Q4 2016 and Q4 2015, respectively, and $2.482 billion and $2.101 billion during full-year 2016 and 2015, respectively, representing increases of 22 per cent and 18 per […]
Technicolor has initiated several patent infringement suits in Germany and France against Samsung Electronics, across a range of Samsung products, including mobile phones and digital televisions. Proceedings were initiated with the Regional Courts in Dusseldorf and Mannheim in Germany, and the First Instance Court of Paris in France, related to ten patents, covering technologies related […]
An in-depth review of the commercial television broadcasting business by research and consultancy firm BIA/Kelsey indicates that the investment large and medium market US TV stations are considering making in the ATSC 3.0 standard would be recouped within three years. The report, The Business Case for ATSC 3.0, examines ATSC from a business perspective by […]
Sony Pictures Television Networks (SPTN) has announced the acquisition of truTV in the UK. The deal has been struck between SPT Networks and Turner for SPT to fully own and operate the channel and its company in the UK effective immediately. The deal includes SPTN taking a selection of the existing truTV content library with […]