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Business

Trump TV, ‘here is the news’

Donald Trump could launch a cable or OTT news net, according to numerous reports the US – that’s assuming he doesn’t end up in the White House. Trump ran a Facebook Live event this week for the third and final presidential in what some commentators said was a dry run for a fully-fledged news channels. […]

October 21, 2016

Sky’s ‘Capital Markets Day’ examined

Last week Sky delivered a somewhat ‘light’ Q1 results statement that was much criticised by the market given that many of its usual headline numbers on DTH subscriber growth (or fall) and Churn data was missing. Sky said a week ago that Q1 trading was “slower” although price increases had helped drive revenues to a […]

October 21, 2016

Technicolor Q3 revenues up 30%

Technicolor has announced Q3 group revenues of €1.14 billion (versus €877 million a year ago).  Frederic Rose, Chief Executive Officer of Technicolor, commented:  “Our third quarter revenues have been solid as we continued to perform well and win major new awards across all our activities. We confirm our objectives for 2016 and remain strongly focused […]

October 21, 2016

Spain: Atresmedia’s profit up 46%

The rise in advertising revenues has driven profits at TV group Atresmedia, owner of Antena 3 and La Sexta among other channels, with its 9-months profit up by 46.4 per cent to €101.5 million. The group’s revenues increased 6.1 per cent to €740.2 million with an EBITDA of €151.7 million, up 26.7 per cent. The […]

October 21, 2016From David Del Valle in Madrid

IMAX: “Robust demand” from Europe

As well as signing contract this year (to date) for 293 new IMAX theatres (and including 162 new theatres in Q3), IMAX CEO Richard Gelfond told analysts Oct 20 that Imax had executed a number of agreements with partners in Western Europe such as Kinépolis, in Belgium, Cinemark in Denmark, UCI in Italy, and just […]

October 21, 2016By Chris Forrester

Sony takes Hopster stake

Sony Pictures Television Networks has taken a minority stake in global pre-school SVoD platform Hopster, becoming a strategic equity investor and taking a seat on the company’s Board. The investment complements SPT Networks’ growing kid’s portfolio, particularly in the UK, where SPT Networks’ linear and AVoD services include POP, Tiny Pop and Kix, which make […]

October 20, 2016

London calls for subsidised broadband

The Local Government Association is calling on the government to include a social tariff in its universal service obligation for broadband.  The subsidy would give low-income families a basic service of at least 10Mbps, it said.  According to an LGA report, one in four adults lacks basic online skills. The body does not specify what […]

October 20, 2016

Nigeria targets $1bn annual digital dividend

Nigeria’s Federal Government has said it could potentially raise a digital dividend of $1 billion from the sale of spectrum as it rolls out digitisation of broadcasting in the country. Speaking at the opening of Africast 2016 in Abuja, Minister of Information and Culture, Lai Mohammed said that digitisation of broadcasting offered the country a […]

October 20, 2016

Liberty Global to acquire Multimedia Polska

In a move that it says expands the reach of its platform, with investments and innovation benefiting Polish consumers and businesses, international TV and broadband company Liberty Global has confirmed that its subsidiary UPC Poland – the leading cable communications and entertainment services provider for consumer and businesses across Poland – has entered into a […]

October 19, 2016

UK Government appoints first Digital and Media DG

Matthew Gould, a former British ambassador, who launched the pioneering UK Israel tech hub, has been named the UK Government’s first Director General for Digital and Media, based in the Department for Culture, Media and Sport (DCMS) He has been tasked with overseeing the Department’s digital and media policy brief, which aims to equip the […]

October 19, 2016