Vivendi has denied reports that it is willing to sell its 24 per cent stake in Telecom Italia (TIM) to facilitate its plan to form a European media conglomerate that would include Italy’s Mediaset. Selling TIM, valued at just over €3 billion, would ease Italian regulators’ concerns over the French media company’s influence in the […]
Sony Pictures Networks India’s proposal to invest in ZEEL-owned Taj Television, has been approved by India’s Competition Commission. Taj TV’s ‘Ten Sports’ portfolio of sports channels is the prize that Sony is after. The scheme sees ZEEL and Sony creating Aqua Holdings, established in August 2016, to carry out the investment whereby Sony India’s Competition […]
With Australia’s Internet Service Providers (ISPs) now blocking their customers from a number of websites used to download copyrighted movies and TV shows for free, Roy Morgan Research has studied whose customers are most likely to pay for their downloads. According to the firm, 1.45 million Australians aged 14+ buy movies and TV show downloads […]
Netflix has reported 7.05 million net new members globally in Q4 2016 against its forecast of 5.2 million and 2016’s Q4 performance of 5.59 million. This represents the largest quarter of net additions in its history and was driven by strong acquisition trends in both its US and International segments. As the streaming giant revealed […]
Talks between China’s Beijing Xinwei Technology Group and Spacecom of Israel have broken down. Some five months of dialogue, and not helped by the September 1st loss of the AMOS-6 satellite, have scuppered the prospects of a sale by Spacecom. Spacecom, which operates the Amos fleet of satellites, simply says that the talks ended without […]
Shares in troubled speciality satellite operator Avanti Communications slumped again on January 18th, hitting a near all-time low of just 19p. As recently as December 21st its share price was 30p. A year prior (Oct 23 2015) its shares were trading at 245p (and back in July 2012 stood at 419p). The fall in sentiment […]
Sky Italia has presented a reorganisation plan to unions that foresees the transfer of news channel Sky TG24 from Rome to Milan. The plan consists of a number of efficiency measures that involve, in varying degrees, all offices and most of the corporate departments, including the IT and technology department and regional offices. According to […]
The World Motor Sport Council has unanimously approved the change of control of Delta Topco Limited (the holding company of the Formula One Group and thus the owner of the Commercial Rights of the FIA Formula One World Championship) from CVC Capital Partners in favour of Liberty Media Corporation at an extraordinary meeting in Geneva. […]
A survey by digital platform security specialist Irdeto has found that 74 per cent of US consumers said that producing or sharing pirated video content is illegal. Conducted online by YouGov, the survey also found that 69 per cent of respondents think that streaming or downloading pirate content is illegal. While a majority of consumers […]
PA Group – the parent company of the Press Association (PA), the national news agency for the UK and Ireland – has made a strategic investment in the social video creation platform Wochit. Wochit enables content producers, including media and publishing companies, to create socially-optimised videos quickly. PA joins a growing list of global media […]