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Business

Eutelsat restructures for tough market

Eutelsat is restructuring its business, cutting capital expenditure and re-assuring the market that it will quickly return to its top-line targets as a result of the fresh strategy. The news emerged from a special ‘Investor Day’ held in Paris early on June 27th. Eutelsat has suffered these past weeks with a collapse in its share […]

June 27, 2016By Chris Forrester

Brexit ‘will hit UK media and ads’

The UK referendum on membership of the European Union results triggered an unprecedented drop in the value of the pound. This drop is a reflection of the prevailing views of the majority of economists and financial institutions of the impact an EU exit would have on the UK economy. Forecasts have varied in severity, reports […]

June 27, 2016

Canal+ completes THEMA acquisition

Canal+ Group has confirmed the acquisition of French channel developer and distributor THEMA’s minority interests, assuming full ownership of the company’s capital and completing a process which began in October 2104. In a Statement, Canal+ said it warmly thanked THEMA founder François Thiellet for the success of the integration process. According to Canal+ in 2016, […]

June 27, 2016

South Africa to investigate pay-TV market

The Independent Communications Authority of South Africa has launched an inquiry into the subscription television broadcasting services market. The purpose of the inquiry is to, among others, define the relevant wholesale and retail markets or market segments in the subscription television broadcasting, taking into account the relationship, if any, and the impact from adjacent markets […]

June 27, 2016By Colin Mann

India DTT to open to ‘private’ TV?

India’s current Digital Terrestrial TV signals are the closed domain of public broadcaster Doordarshan. That could change if India’s Telecom Regulatory Authority (TRAI) gets its way. TRAI wants to open up spectrum to private broadcasters, and has issued a consultation paper. It wants responses from interested parties by July 22nd. The consultation process is also […]

June 27, 2016By Chris Forrester

Discovery hedges £ sterling fall

Discovery Communications has took to deliver a statement regarding the Brexit vote, pledging to continue in the UK market. “Discovery Communications respects the decision of the UK people in this historic vote to leave the European Union. Discovery Channel launched in the UK in 1989 and since then it has become one of our biggest […]

June 27, 2016

Accedo $10m funding, new Chairman

Accedo, the video experience pioneer, has partnered with SEB Private Equity, a Stockholm based private and growth equity fund, to accelerate its growth and further position itself as a Video Experience pioneer. The transaction allows early investors of Accedo, including Industrifonden and Acacia, to exit as part of their investment strategy, and adds a total […]

June 27, 2016

BBC boost for HbbTV

The BBC, working in collaboration with Freeview, Digital UK and the DTG, has announced that it intends to accelerate the adoption of international standards around interactive TV in the UK market. The Corporation says it has developed an “innovative” plan to move beyond legacy MHEG technology to industry-wide adoption of HbbTV 2.0.1 in time for […]

June 24, 2016

Brexit: Risks for TV subs

The UK’s vote to leave the European Union could have dramatic consequences for the country’s pay-TV viewers. With an exit from the EU would come the abandonment of the various EU-backed ‘Television without Frontiers’ directives, and its follow-up proposals to permit existing national subscribers to view their paid-for programming in foreign countries. The Television Without […]

June 24, 2016By Chris Forrester

Brexit: Industry reaction

A number of TV and content industry players have shared their views on the UK electorate’s decision to leave the European Union. and potential implications for the media industry Law firm Olswang notes that probably the defining characteristic of the EU is that it facilitates the free movement of people, goods and services, and suggests […]

June 24, 2016