The Chairman of Telefónica, José María Álvarez-Pallete, has taken from as Chairman of the Board of Directors of VMO2, replacing Liberty Global CEO Mike Fries. This replacement responds to the agreement established in the creation of the joint venture resulting from the merger between Virgin Media (Liberty Global) and O2 (Telefónica), by virtue of which […]
PPF Group, the Czech Republic investment group, has raised its stake in German media group ProSiebenSat.1 to 15.04 per cent in stock and instruments. “Our growing shareholding in ProSiebenSat.1 demonstrates that PPF is a long-term and supportive investor with ample television broadcasting experience that can add value to Germany’s leading media company,” commented PPF Chief […]
Moments Worth Paying For, the campaign from pro-copyright consumer education body The Industry Trust for IP Awareness which reminds audiences of the magical experience of watching films on the big screen is presenting an exclusive message for UK and Irish audiences from Barbie and Ken ahead of Warner Bros. Pictures’ Barbie, releasing only in cinemas […]
After a long-drawn out series of competition investigations over the past 18 months, Viasat has finally wrapped its planned merger with Inmarsat. The deal represents the biggest satellite industry consolidation since SES acquired GE Americom back in November 2001 (which cost SES $5 billion at the time). This Viasat deal is more complex given that […]
All3Media is reportedly exploring sale options that include cashing out on their joint venture in a deal that could be worth more than £1 billion (€0.93 billion). Liberty Global and Warner Bros Discovery (WBD) are considering selling their stakes in the UK-based TV producer, which is home to over 50 production companies, to a third […]
Sports streaming platform DAZN has hired Spanish entrepreneur David Hatchwell to strengthen the position of the company in the highly competitive Spanish market. Hatchwell will work closely with DAZN management to identify expansion and new business opportunities in Spain. He will work as a strategic advisor to the CEO of DAZN, Shay Segev, working alongside […]
Over 800 million women will need to adopt mobile Internet in order to close the digital gender gap by 2030 across low- and middle-income countries (LMICs), according to the latest Mobile Gender Gap Report from trade body the GSMA , which evaluates mobile ownership and mobile Internet usage across low- and middle-income countries. The latest […]
UK telecoms regulator Ofcom is proposing to discontinue its UK Home Broadband Performance research after the next report is published later in 2023. The research was initially designed to provide consumers with accurate information regarding the real-world connection speeds that different broadband services provided. But since then, changes in the rules around the use of […]
California-based Rocket Lab made headlines a week ago when it bought some key assets from bankrupt Virgin Orbit. Rocket Lab has been awarded Virgin’s 144,000-square-foot Long Beach, California–based manufacturing facility for $16.1 million. That news, plus a fresh launch contract, has given the business a significant lift in its implied value. Analysts from investment bank […]
Blu Digital Group, a specialist in media and entertainment digital media services and software, has announced the appointment of Scott Pawsey as the Director of Operations for its London facility. In this role, Pawsey will be responsible for optimising business processes and spearheading increased automation for Blu Digital Group in the UK. The recently unveiled […]