London-based satellite operator is up for sale. A statement from the troubled company said it was conducting a wider “strategic review” to explore a number of options including a corporate transaction such as a merger with, or offer for the company by a third party of a sale of the business. Shares in Avanti rose […]
ITV is the UK’s largest commercial broadcaster, and one of the very largest players in European TV. But ITV could very much be in the firing line post-Brexit, says a report from equity analysts at investment bank Berenberg. “If we assume that Brexit affects consumer confidence and spending, and that advertisers respond to this less […]
Swedish telco Com Hem has reported second quarter revenues of SEK 1,300 million (€137.5m), up 4.3 per cent, while operating profit increased by 5.5 per cent to SEK 192 million. Com Hem also reported it added 6,000 subscribers in Q2, taking its installed base to a new high of 926,000. Anders Nilsson, CEO, Com Hem, […]
US antitrust authorities, the Department of Justice and the Federal Trade Commission have all granted approval for the Rovi $1.1 billion (€0.9bn) acquisition of TiVo to go ahead. Shareholders in the two businesses still have to give their formal approval to the deal, which is expected to close during Q3 this year. As announced on […]
BBC Worldwide has announced its 2015/16 financial results claiming returns to the BBC above the £200 million (€237m) level and ‘continued transformation of the company and further investment in both the company and the wider UK creative industries.’ The results include the impact of the first full year without 100 per cent ownership of BBC […]
Multi-Academy-Award-winning Director Ang Lee (Brokeback Mountain, Life of Pi) will deliver a visionary Keynote address on September 12th at the IBC Conference in Amsterdam as part of the IBC Big Screen Experience. The IBC Big Screen Experience is at the heart of the IBC2016 Conference where more than 300 speakers are expected to attend to share […]
AIMS has announced that Deltacast and Florical Systems are the latest in a fast growing number of key television broadcast technology companies to join the alliance, and align themselves with an open standards based approach to transitioning to an IP based workflow. Belgium based Deltacast develops and manufactures state-of-the-art products for the professional digital video […]
Controversial online entrepreneur Kim Dotcom has revealed plans to relaunch the Megaupload web storage system in January 2017. The original Megaupload file-sharing site was immensely popular and was reported to have about 50 million users a day at its peak, before being shut down in 2012 following accusations by the US that copyright pirates made […]
UK public service broadcaster Channel 4’s output in news, film production, and diversity could be damaged by privatisation, according to a report from a cross-bench Committee of Parliament’s upper chamber. The Communications Committee urges the Government not to pursue any plans to sell the channel, saying that the risks of privatisation outweigh the benefits. The […]
Digital TV standards body the DVB has confirmed that Peter MacAvock, currently Head of Delivery, Platforms and Services at EBU Technology & Innovation, has been elected to the role of DVB Chairman. At the 83rd meeting of the Steering Board, MacAvock was chosen to take over from Phil Laven who has served in the position […]