On March 21st aerospace giant Boeing entered a writ against Virgin Galactic in the US District Court of Virginia. The action alleged that Virgin owed Boeing $26 million (€24m) and that it had misappropriated certain IP and trade secrets associated with the development for a new space tourism aircraft for Virgin. Boeing, and an associated […]
Sky Brasil is undergoing a major overhaul, shifting its focus from pay-TV to broadband. This strategic move comes as the country’s pay-TV market shrinks, with subscriber numbers dropping steadily. “We’re transitioning to become a connectivity and streaming service provider,” Sky Brasil’s president, Gustavo Fonseca, told local daily Valor Economico. He predicts that, within five years, […]
Barb, the industry’s standard for measuring what people watch, has appointed Sara Cheeseman as Finance Director. Working alongside Justin Sampson, Chief Executive, she will be responsible for leading the company’s financial strategy and operations through annual budgeting and ongoing financial monitoring, as well as financial performance reporting to the board of directors. Working closely with […]
Space consulting players, Euroconsult and SpaceTec Partners, are merging to create Novaspace, which will serve as a specialist in professional services dedicated to the space industry. Euroconsult has a 40-year legacy in consulting, market intelligence and executive summits; and SpaceTec Partners brings two decades of experience in management consulting, including strategy, innovation advisory and market […]
Film studio Skydance is reportedly in advanced, exclusive negotiations to acquire Paramount in a deal valued around $26 billion – $27 billion. Skydance CEO David Ellison is said to have been meeting with Shari Redstone – whose family’s privately owned cinema group holds 77 per cent of Paramount’s voting stock – and has also met […]
The UK’s Competition and Markets Authority (CMA) has referred the anticipated joint venture between Vodafone Group Plc and CK Hutchison Holdings Limited concerning Vodafone Limited and Hutchison 3G UK Limited for an in-depth investigation, on the basis that, on the information currently available to it, it is or may be the case that this merger […]
Brazil is launching a new TV standard called TV 3.0 in 2025. This technology, according to the government, will revolutionise the way people watch TV by integrating it with the internet. Viewers will use apps to navigate channels, replacing the traditional number system on remote controls. This will allow channels to offer additional on-demand content, […]
Vecima Networks has entered into an asset purchase agreement (APA) to acquire the Cable Business assets of Casa Systems and certain of Casa’s subsidiaries. Under the APA, Vecima, or its affiliates, will acquire substantially all the assets of Casa’s Cable Business for a purchase price of $20 million (€18.4m). To facilitate the sale, Casa and […]
Terran Orbital, which has a very healthy order book for smaller satellites (including 300 for Rivada Networks), is again “compliant” as far as the New York Stock Exchange (NYSE) is concerned. It means that its shares have been traded at above $1 per share since late-February. NYSE rules state that shares priced below $1 cannot […]
The HbbTV Association, an initiative dedicated to providing open standards for the delivery of advanced interactive TV services through broadcast and broadband networks for connected TV sets and set-top boxes, has announced the release of a new version of the HbbTV Conformance Test Suite. The v2024-1 Test Suite, developed by the HbbTV Testing Group, is […]