Eutelsat shares crashed 30.7 per cent on the Paris bourse following their profits warning. Eutelsat’s fall from grace was not helped by a slew of negative comments from equity analysts. Typical was Barclays, which said: “Such a heavy hit to forecasts, coming from across the applications, will knock confidence in the story,” which downgraded Eutelsat […]
Marking the launch of the United Kingdom Intellectual Property Office’s IP Enforcement Strategy, Audiovisual Anti-Piracy Alliance (AAPA) and the IPO organised jointly a seminar on illegal streaming and the sale of illicit devices and to explore possible solutions. With a focus on the supply chain the scale, scope and impact of this growing form of […]
Satellite giant Intelsat has started its debt restructuring process. It announced May 12th that it would start a tender offer for many of its already issued Senior Notes. The offer period will close on June 9th unless extended ahead of time or terminated because the securities have been sold. In essence Intelsat is proposing restructuring […]
Access Industries, a privately held industrial group with major holdings in the music, media and telecommunications sectors, has confirmed the formation of Access Entertainment, a division of Access Industries focused on investments across the entertainment sector with a concentration in high-quality television, films, and theatrical productions. Danny Cohen is the newly-appointed President of Access Entertainment. […]
At the end of April, SES CEO Karim Michel Sabbagh said that the satellite operator would increase its stake in satellite constellation O3b standing for the ‘other 3 billion’ from 49.1 per cent to 50.5 per cent. Sabbagh also made it clear that his end-game is to – one way or another – take full […]
After the full consolidation of pepcom in December 2015, Tele Columbus published for the first time consolidated quarterly results of the combined Group. For the first quarter of fiscal year 2016, Tele Columbus reported revenues of €116.1 million with a pro forma increase of 5 per cent year on year. On March 31st 2016, the […]
In a move that mirrors the creation of the UK TV industry’s marketing body ‘Thinkbox’, Australia’s free-to-air and subscription television broadcasters have formed a new independent industry research and marketing group, Think TV. For the first time, the two television sectors will align under a new industry body to promote television’s scale and effectiveness for […]
In 1908, Vicente Blasco Ibáněz wrote Blood and Sand, a novel about that most visceral of activities, bullfighting. It so captured the imagination it was made into a movie no less than four times, most famously with Rita Hayworth in 1941. When it comes to BBC reform, it is tempting to draw in an analogy […]
ITV’s advertising revenue was flat in the first three months of the year, amid “uncertainty” prompted by the Brexit debate. It forecast advertising would continue to be affected in the first half. However, overall revenues rose by 14 per cent to £755 million (€961m) compared with the same time last year. ITV studios saw a […]
Telecoms provider TalkTalk has revealed full-year profits more than halved following a cyber attack on its systems last October, costing the company £42 million (€53.2m). The group saw profits fall 56 per cent to £14 million compared to £32 million the previous year, but chief executive Dido Harding remains optimistic, saying business has “bounced back”. […]