The weekend’s Italian Formula One Grand Prix saw heightened speculation that Liberty Media’s planned acquisition of the sport was a ‘done deal’, with an announcement expected as early as Tuesday September 6. Senior sources close to the deal suggest that all terms have been agreed and all that remains is the formality of signing. The […]
On September 1, a Falcon 9 rocket owned by SpaceX blew up when a static engine test was about to be held at Cape Canaveral. The rocket was being tested in a ‘dress rehearsal’ for a planned September 3 launch of its satellite passenger, the Amos-6 craft, built by Israel Aerospace Industries (IAI) on behalf […]
In addition to announcing its plans to overhaul its organisational structure, multinational cable, fibre, telecommunications, content and media company Altice is to simplify the Group’s ownership structure and enhance its organisational flexibility through an exchange offer for the outstanding 22.25 per cent of shares in telco subsidiary SFR Group not currently owned by Altice. Altice […]
Multinational cable, fibre, telecommunications, content and media company Altice has revealed its intention to strengthen further its industrial and operational strategy following its transformation into a leading transatlantic communications and media group with the closing of the acquisition of Cablevision. Altice plans to make its core strategic, operational and technical capabilities available to its subsidiaries […]
The departure of current CTO Simon Gauntlett at the end of September to take up the position of Director of Imaging Standards and Technology at Dolby will see UK digital TV group DTG reorganise its leadership as well as driving a range of leadership programmes over the next year to keep the UK at the […]
Telestream, a leading provider of digital media tools and workflow solutions, announced the acquisition of UK-based Quality Control (QC) technology specialist, Vidcheck. Established in 2009, Vidcheck is recognized as a leading developer in automated QC solutions within file-based production workflows. Its system solutions are used by broadcasters, facilities and content owners worldwide, such as ITV, […]
Sky has invested €4 million in French OTT platform Molotov, which distributes free and pay-TV channels and content to consumers via a freemium model. This investment is part of a larger Molotov financing round and is the latest in a series of Sky investments in innovative start-up companies. Molotov was founded in 2014 by JeanDavid […]
HTC has invested $5 million in Steel Wool, a VR development studio founded by creative veterans of Pixar Animation Studios, Lucasfilm, and Telltale Games. The company said it will use the funds to help develop multiple existing projects across games, simulation, and narrative concepts. “The Steel Wool Studios team carries an impressive pedigree of creative […]
Turkish CE manufacturer Vestel has reached a strategic brand licence agreement with Toshiba Visual Solutions Corporation centred on the production and sales of Toshiba branded consumer TVs in the European market. The partnership will come into effect after obtaining consents of the authorities in line with the relevant applicable law and under this agreement, Vestel […]
The 17th Annual General Meeting (AGM) of The Indian Broadcasting Foundation has elected Punit Goenka (Managing Director & CEO, Zee Entertainment Enterprises) as the Foundation’s President. Goenka said, “I am delighted to lead the Indian broadcasting sector at a time when there is a lot of churning and India is being looked upon as global […]